 21% interest on car loan? help please? |
| okay i dont want to seem like a dumb blonde here but im just trying to figure out if i have this right. I dont have good credit, i got approved for a 9,000 loan on a used car with a 21% interest rate.... |
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 Whats the point in a prepaid credit card? |
We have atrocious credit and can't get even the "poor credit" credit cards like Vanquis etc, so I've pretty much given up trying
I have read about "pre-paid" ... |
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| My husband got a letter in the mail saying he owed $400 to them. When he called to ask what for they said he had a jc penny card 20 yrs ago and that they just bought the company or the debt from the ... |
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 My husband and I have about 1500 dollars in pay day loans help!!? |
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 Why did my credit score just drop? |
| Last month, my score was 662, but then it suddenly went down to 644. I haven't opened any new accounts, and i've actually been paying down my debt (on time) and not using my credit cards at ... |
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 How do you correct your credit score? |
I dropped a class in my local community college and did not pay for the class. They called a credit agency that adversly affect my credit. How do I correct this?
Additional Details
I ... |
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 I can no longer pay my student loan because I am unable to work,what action can they take? |
| I borrowed 12,000 10 years ago and they say I still owe them 12,000 with all the interest.I have paid them 14,000 already I have no ... |
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 Is it really that bad to go bankrupt? |
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 Payday loans if you really need it? |
Can they be helpful if you pay them back in full when they are due? Car broke down and in bad crunch no family help available.
Additional Details
It's just for 100 dollars the most ... |
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| I know that I can dispute and correct items myself.. But I'm wondering if I would get better results if I paid someone to do it...Has anyone had good results?... |
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 Should I cancel my credit card for this reason? |
| I have my credit card all paid off. But they keep charging me these stupid $1 and 50 cent fees! I hear you are not supposed to cancel a credit card because it will lower your credit rating but I am ... |
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 Getting a credit card. What are the best deals around? |
| Hi. I need to get a credit card with a limit of about £1000. What would you go for at the minute? I've checked these comparison sites and they're frankly very confusing. UK only please. T... |
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Kimmi BoBimmi | Paying of credit cards>?? |
I have a student visa $700 .. ive been paying the amount due every month all at once. Am i suppose to just pay a little at a time to build credit?>? or say its 120 that month do i pay the $120? .. and after the $700 limit is up.. do they give me another card with more$$?? |
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SPIFIMAN1
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Building credit with credit cards is easy, simply use them for every day things, never exceed 30% of your credit limit in any given month and pay in full before the due date.
I raised my score over 150-points by doing this over a 24-month period. |
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tkquestion
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NO! Pay the full amount every time. Just the fact you ARE paying consistantly builds up credit. It is not required that you carry balance. After you have paid consistantly for a year or two, call the company and ask for credit limit increase. Based on your past history, they will either grant or deny your request. |
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Sarah
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I always pay the whole amount. For one of my credit cards my credit limit was increased from $5000 to $10,000 (I've had that card for about 2 years now). It was one big increase. I wasn't expecting it that big of a jump but I guess it is possible. |
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Staci
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While credit card companies want you to think you have to carry a balance... the truth is pay them off each month, pay on time or a week ahead of due date. Think of the credit card as a means to not carry cash, but realize that it must be paid so don't over spend. Some kids start out with less of credit limit. One girl started with 350 went to 500 in 90 days and then it jumped to $2500.00. She was using it to pay for school books, airplane ticket. She's just turned 19 and is sitting with $8,000.00 limit. While her other card is still at the $750.00 which is fine. She puts her cash into a student id card which allows her to use it on campus and all around town at resturants and shops like a debt card for free. Just be careful, paying late brings up all kind of fine print charges. One of her cards will charge her a fee to pay online what she owes which is a rip off. So she makes sure to pay with her cking account online to her credit card company and avoids the fee by having her bank make the payment. |
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roginad
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To build credit you need just a credit card with timely payment. How much you pay doesn't matter. I am paying in full to avoid interest charges. Most credit card companies will raise your limit automatically every half or full year. However, you can always call and request the higher limit. If you are a good customer your request will most likely be satisfied. Higher limit means better credit score. Student VISA may have certain restriction because of income. At the same time, higher balances at certain point may hurt you. Try to keep them at the level of 40% of credit limit. 3 trade lines (credit cards, auto or other installment loans) are optimal to build good credit. |
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mz_neemarie
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the key to building your credit is to at least pay a little bit more than the minimum if you can, and to pay on time every time. Once creditors take notice of this, they'll see you're responsible and then they'll offer you more credit. |
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peilthetraveler
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I got a student visa when i was 18 for 700 dollars. A little after i was 21 I suddenly got my credit raised to 4,000 dollars. It takes time to build up your credit.
You keep the same card, they just raise the limit. When they raised my limit they never told me they did...i just found out on accident when i got my credit report. |
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Josh
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Hi. I started out with a card at 800 limit. I always paid it off in full. I have great credit now. Paying it off little at a time doesn't help build credit. But the thing is, depending on what company gave you that card will determine how often it will be raised. They won't always raise just because you have good credit. Sometimes, they raised if they see you reach your credit limit. If they see this, they think you might need more. Just remember to try to keep under 50% of your limit in total. So, if you have 3 cards at 700. Don't spend more than 1050. If you do they will see this as a negative aspect. Also, try to open only one card once, every 9 months or so. |
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heybulldog
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Dont obsess with the I love debt score.
The only people that obsess are the ones that plan on borrowing lots of money and paying lots of interest.
Live on less than you make and you will win with money.
Banks spend millions brainwashing people into thinking they need a high I love debt score to make it in todays world. Not True!
A bad fico score from not paying your bills is trouble. If you have a 0 fico score from not borrowing money you can still get an apartment and a job and whatever else.
Debt Free is Definitely the way to be! |
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foo
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heh. a little FYI: you are going to be in debt before you know it |
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C2C
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I've been paying off my credit card with great enthusiasm recently. When I kept a balance, they increased my limit; now that I pay it off, my limit has remained the same for over a year. I, therefore, feel that if you keep a balance running, credit card companies are more inclined to up your limit. |
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