 What does this mean? |
Acredit card company sent me a card. The credit limit is 300.00. They charged me 178.00 for the card. So, now my limit is 122.00 What's that all about? That's crazy.
A... |
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 What is the best way to pay off these two credit cards? |
| I have 29K in credit card debt, with 29.9% interest on both. If I get 15k cash given to me, would it be better to pay off one card or pay each one down half way? Please let me know, I'm ... |
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 Can you really gget crimally procuted by ...? |
not being able to pay back credit cards i am on a fixed income and got overwalmed and now whats going to happend to me
Additional Details
i did tell them my income was higher than it was ... |
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 I have really bad credit, does anyone know where i can get a credit card? |
| My empirica score is around a 520? PLease let me know if you have any ideas, I would like to rebuild my credit.... |
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| My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal? |
| I get garnished for 500.00 a month.My car was reposed and I am already being garnished for a student loan 160.00 every two weeks.Now the bank that financed the car is garnishing my 100.00 every pay ... |
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 Credit problem....???? |
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 How will this effect my credit? |
| Last year I had to make some emergency expenditures and racked up a few thousand in credit card debt. I have been shifting this debt from card to card to take advantage of the low initial rate on ... |
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 I'm broke living in london help!? |
| as soon as i get paid i pay off last months debts. how can i make a fast buck. open to all suggestions, would prefer legal ones!... |
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| Every credit website I've been to wants me to subscribe to a monthly plan....what happened to my FREE credit report!!!!?????? How do I actually get a free report without paying....?... |
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 I need to get a loan for college in a quicky does anyone have any ideas of how I can go about it with out? |
| I need to get a loan for college in a quicky does anyone have any ideas of how I can go about it with out a good credit, must not be federal, no co signer, and nothing that is silly. I need a ... |
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 Is it illegal for a company to ask for your s.s.n when applying for a credit app.? |
| I work for a company that offers credit card to there customers. I had a lady tell me the other day when she wanted to apply for a credit card that it was illegal for us to ask for her social ... |
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| How can I build credit if no one will give me a credit card? |
| I am 24 years old and have lived on my own and within my means since I was 18. I work in Commercial Real Estate and do fairly well. I pay my rent and all my bills on time (or within 2 days of on ... |
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 If I get a credit card, and pay it off every month before interest is added is it just like using a debit card |
| I mean, if I get the card, then pay off my bills by the due date..I won't have to pay any interest correct? I want a credit card to build up my credit but want to be extremely careful doing ... |
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 Closing a store credit card account? |
| I have a credit account to Best Buy, the electronic store, if i close this account while still having a balance, will it be worse than if i just waited to pay it off than close it?... |
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 Why is child support showing up on my Equifax credit report as a 'collection account'?!? |
This has to be killing my score.....and whats worse is the fact that I am timely on all payments.
It even has a notation that Im past due $1032, when I just called the office Friday and ... |
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 Does anyone know how long a credit card or collection company can come after you before they stop? |
| I've heard that after so many years, depending on the state you live in, you can get rid of your debt with out paying anything. Basically i'm trying to find away to get my debt cleared. It&#... |
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 What number = "bad" credit score? |
| OK, so what is the real deal on what number your FICO score has to be to be considered "bad credit" or "good credit"?... |
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Orchid0307 | My husband has a credit score of around 680, but has an outstanding collection from almost 6 years ago.? |
Do you think he would have a problem getting a mortgage loan? |
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ZinaRae
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None at all. |
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marxistharpist
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No that really isn't to big of an issue, your credit score is decent, in some cases you may need an explanation of derogatory credit, but even still with a 680 you might be able to get the par rate available, compensating factors are the loan to the value of the home, liquid assets, years on the job, income, a low debt to income ratio, there are a lot of variables when doing a mortgage and everyone's situation is different, the easiest way to do this is to try and get approved for a loan. |
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SPIFIMAN1
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It should not be a problem.
The longer things like collections are on your credit the less impact they actually have.
At the most he may have to offer up a explanation of what happened, but it should not keep him from getting the loan.
And your rate will not be effected that much due to the age of the collection. I know because I have a collection on my credit and I got approved to buy a home 3 years ago with no money down and a 6.5% fixed rate. |
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beauty s
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not really, but it would be a good idea to have him pay it off first.. Then try to buy a home.. |
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sugarcookie
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wait another year, then it'll drop off his credit |
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San
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You will get mortagage rate will be higher, if you can wait for 1 year the collection account will drop, generally collection account drop after 7 year from the date of last activity. |
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Ask M
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you would first dispute the outstanding collection. Most
statue of limitations is four years. Dispute and Validate
it with all three credit bureaus. |
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yorkiedog28
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I don't think he will have a problem getting a mortgage but if that debt shows up on his credit report they may ask him to pay it off. It happen to my daughter & son in law they got a decent interest rate but not as good if that collection wasn't there. remember the mortgage company makes money on interest rates so they may use that against him. shop around I also heard every time they check your score to get pre-approved lowers your score. you might want to ask about that. Good Luck |
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Katie M
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well what would happen is they would contact the collection agency and see if the account is still valid, depending on the balance it should not be that big of a deal. |
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Cali Girl
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Not at all. My friend got a great loan on her 300k house and she told me that she had a 14k medical bill 5 or 6 years ago. I guess the lending company saw that she paid all otehr bills on time and gave her a good rate. |
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Miss Goodness
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No, he will not have a problem getting approved. However, I would wait another year for the collection to drop off of his credit report. Do not try to pay the collection, because that will only renew the statute of limitations as to when the collection can be removed from the report. Simply wait another year and then proceed with the loan. |
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meandnadine
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You should be able to get a loan but the interest rate will be extremely high. |
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