 Should I cancel my unused credit card? |
So I currently have three credit cards:
-- American Express, limit of $12,100, a $2000 balance and I've had this credit card for 7 years
-- Bank of America, limit of $4000, a $0 ... |
|
| What happens to your unsecure credit card debt when you die? |
Additional Details
ok. let me add more to the question. There is no estate to take from.... |
|
 What is a bad credit? |
| i know someone that went to a hospital and got a big bill .. and he decided that he wouldnt pay it...he says it will be bad credit..what is that really..and can health care have bad credit?... |
|
 Looking for a credit card recomendation? |
| When I turned 20 I signed up for a credit card (after lots of research). I got one with a $1,000 limit, and 15% APR, which has since dropped greatly. I paid for my college textbooks with it to the ... |
|
 I was approved for a loan with akwbi492c.com and i cant seem to locate them can you please help me? |
| the loan was processed through my email and the processing fee was debited from my account and i never receive the loan. the name of the website is approvalswithbadcredit@akwbi492c.... |
|
 What earns a higher credit score making the minimum or full payment on credit cards? |
I would like to know which method will result in higher credit score I have heard many different opinions.
1) Make minimum payment
2) Full payment
3) Pay the minimum payment ... |
|
 Can I use a debit card just as easily as a credit card to pay online for things from other countries? |
| overseas websites I am interested in always say visa credit card and dont mention debit card.I assume a debit card is virtually the same in that they know they will receive payment ?... |
|
 When a parent dies in your family and they have left some bills like credit cards is the family responsible? |
| Can those bills then be put on your credit record from the deceased family member? Can the family lose what they have due to what the relative left behind? What if they don't have the money to ... |
|
 I just turned 18, I want to get a credit card to start building credit in the US. What is my best choice? |
| Just wondering whats a good CC for an 18 year old. I plan to be a full time college student with part time job.... |
|
 Missing Credit Card payment? |
My credit card payment is due on 24th March however I don't get paid until the 28th. I will pay it off in full when I do get paid but until then I can't pay a penny.
Will this ... |
|
 Is there anyone out there who has alot of money and would be willing to loan or give $15,000.00 to help.? |
| i am a overweight woman who is desperately trying to recieve the lapband surgery that i believe will ultimately save my life. however i keep hitting a wall. insurance wont cover it and due to ... |
|
 Question about credit cards.? |
kay, so, im only fifteen, and my mom doesnt
speak english or anything and i always have to
do basically everything for her that has to deal with
finances, anything important really. ... |
|
 What should i do? please help? |
So, my husband has a lying problem. I catch him lies concerning money alot. I am pregnant, have a 6 year old son with him and love him . He lost his job in March.
The other day i realized there ... |
|
 I want to begin building up credit. How do I do it? |
| I am 22 years old and I want to start building credit. I have applied for credit cards at department stores and through mail applications and I have been turned down. How do I start building my ... |
|
|  |
heybulldog | Question about paying off car early.? |
I owe $18,000.00 on my car and i want to pay it off asap. Should i save up money in the bank till i get enough to pay it off or should i pay more a month? the payment is $377.00. if i could come up with $1000.00 a month should i pay that or put it in the bank till i get enough and pay it off? |
 |
 
SPIFIMAN1
 |
I would go ahead and pay all the extra you can every month. This will reduce your balance and make your credit look better than if you just paid it all off at once. |
|
laaumark
|
Do the extra $1,000 per month. That way you are not paying interest on your savings while you wait to reach $18K. Each $1,000 payment reduces the interest you pay. |
|
nebula7693
 |
It is wizer to pay extra per month. However, remember, if you want to pay your loan off early, you will NOT help your credit score or credit report any. Creditors are looking for your ability to pay your debts over time. To maximize the positive impact on your credit reports you need to make your payments for at least three years. This maximizes your score and shows responsible credit management over time. THAT is what creditors are looking for when determining whom to offer credit to.
If you have any further credit issues, you may email me at nebula7693@yahoo.com |
|
big jim
 |
If you put it in the bank you will not draw interest on that money whereas if you pay it towards your loan on the car you will probably save a great deal in interest payments. |
|
ME
|
This is what I think would be best for you. OK, come up with $1,000.00 a month and pay $754.00 towards your car payment of $377.00 which will amount to $9,048.00 after 12 months. Save the $246.00 per month of the $1,000.00 which will amount to $2,952 after 12 months in the bank because life is full of surprises and you might need some extra cash. If you have no surprises apply the $2,952 towards your car which will leave you with you still owing $6,000 continue making the $754.00 per month and in the end you will have paid your car off in one year and eight months. Good Luck! and Best Wishes! |
|
Heinz M
|
Since interest on the car loan is higher than what you get at the bank, paying it off will get you more bank for the buck (unless you got one of the real low 1.9% or similar interest). Compare interest and put the money where it is higher. |
|
evil_paul
|
If you can swing a 1000 a month go that route, that way you'll knock down the interest and get your car paid off quicker. |
|
.
|
After everybody's advise do what you think is best; but remember that if you pay off your loan early IT WILL cause your credit to suffer some. If you don't need a good or great credit score because you don't plan on buying a house then paying off your loan early may be the best route.
Remember that some people take out a car loan just to establish credit and you would be doing almost the opposite(sort of)
lol |
|
Ola
|
pay the extra $1000 a month on the car, it will reduce your loan amount and there reduce your interest on the loan as well. you end up paying less and get a good credit score also. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 41 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
10 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
