 How doI get rid of bill collectors? |
| My adult daughter hasn't lived with us for more than 10 years, and whatever bill they are calling about has to be at LEAST that old. I tell them she hasn't lived here in 10 years and ... |
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 How to i file a complaint against bank of america teller? |
| Does anyone work at Bank of America? There was a really rude teller (apprently she's know for that), how do I go about complaining about her?... |
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 I was a co-signer on a car loan for my friend he paid all the payments on time for a year, but now no payment ? |
| i was a co-signer on a car loan for my friend he paid all the payments on time for a year, but he has not made payment for about a month, plus hes moved out to another state.. what can i do to get ... |
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 How do I get rid of my credit card debt? |
| I had some things happen to me, and depending on my cards for a while. I am only 1,750k in debt, which is really nothing compared to a lot of people. I am living on my own trying to save save save, ... |
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 Loan or Credit Card? |
I will shortly be purchasing a car and will need a loan of some sort to fund this. Which way is better:
To have a personal loan for £4000 over 2 years at a rate of approx 7.9%
T... |
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 Double up on your car payments or double up on your rent? |
| Which one is the wiser choice? If you could be ahead of the game as far as payments and you needed the security of paying ahead of time.... |
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 Hi,i aplied online for a bad credit loan they sent me a letter the other day which goes something like this? |
| we are pleased to inform you that your aplication has accepted,please send a cheque for £49 for brookers fees and prossessing your loan and we shall proccess your loan immedatly,does this mean i ... |
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 What's your idea of credit cards? |
| Some people have credit cards and get in dept, but overs get better credit.... |
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 What should I do to keep creditors from calling? |
| I am in a position that I won't be able to pay on two lines of credit. We're having a baby, we've cut down expenses to help with that, but w/ the credit card payments, we won't ... |
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 I have $20,000 in debt? |
| I have 20,000 in debt and I was wanting to do debt negotiation. I was wondering if that is all they say it is. I also wanted to know the best way to pay off this debt. I have switched all my cards to ... |
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 What is the best solution for credit card debt? |
What is the best solution for credit card debt?
I am way in over my head, I have 6 credit cards and I'm over $40,000 in debt. I have tried to take out a loan at the bank to consolidate but ... |
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 $125,000 Credit Card Debt? |
| We are a married couple, both are 32 year old, we lost jobs 2 years ago & came up with $125k unsecured debt. Now both are working & our monthly income is around $6k before tax, which is $4500 ... |
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 When's the best time to pay off your credit card debts? |
| I want to focus on buying a house soon, and raising my credit is my main priority. I just got a credit card, and want to know if I should pay my debts off little by little, or at the end of the ... |
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 Bad credit.. possible loan? |
| I have really bad credit and I would like to try to take out a loan to buy a used car.. with my credit, who can i go through and what can i do to get a loan? how much would i need to put down for a $5... |
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nobleone6969 | Should I cancel credit card? |
As of now I have 4 Credit cards. 1 secured card(where I had to put a down payemt of 200 dollars down to help build my credit. 1 capital one 1 hsbc. They are all mastercards. The 2 other cards have limits of 300 dollars each. I applied for an american express recieved that and I now have a 1000 dollar limit with them. I know older accounts are good on my account but will this look bad on my credit report? I wanna cancel 2 only if it does not hurt my credit score. The secured card I had for about a year and the hsbc for a month. The capital one for about 4 to 5 months. |
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obamab08?
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No is better, yet It's good to have only 3 max because the 4th on is unecessary. nonetheless, it's not good either to have a closing account shows up on your credit, so what to do is try to pay 3 off and keep one and PAY IT AS AGREED, and don't ever go over limit. |
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Mike
 |
Listen if you cancel your card you will have a credit score deduction
Dont!!!!!!!!!!!!!!!!!!!1 |
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heybulldog
 |
Dont obsess with you credit score. Banks spend millions brainwashing people into think they have to have a high credit score to make it in todays world. Thats a total load of crap. Its no different than yesterday. Save your money and pay cash. If you pay cash you dont have any payments and you dont pay thousands of dollars in interest. |
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Angeleyes78
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SInce the secured card is the oldest one, it would only hurt you to cancel it. DO NOT CANCEL ANY! But for two cards, I would pay them down to 0 and leave them like that. Occasionally charging $20 here and there and then paying them off immediately. As long as they are active and at a zero balance it will help your score. |
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caleb b
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Avoid too applying for too many credit cards all at once. When ever you check your credit score it leaves a mark. If you have too many marks too fast lenders thing you've hit a financial wall and are headed for trouble. One case that comes to mind is about a first time home buyer. They were approved for the home loan but it hadn't been finalized. The buyer thinking he was getting a home applied for a credit card to buy furniture. Because the loan had not closed the new credit card application caused the loan to be rejected at the last minute. This one application caused his credit score to drop to an unacceptable level and he lost the house. The moral: be careful with the timing of your credit card applications. Read more from: http://www.credit-card-gallery.com/article/136,Seven_Must_Know_Credit_Tips |
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SJ
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I'm no expert, but now that you have 'regular' cards there's not much advantage in keeping the secured card; and I think it could be a slight negative.
In general it is best to keep cards long term and not get a lot of new ones. Over time they will raise your credit limits. You want to use less than 50% of your credit limits and never pay late. It seems to me it is also a good idea to use each card at least once or twice a year or it might be dropped off your records & no longer help your credit score. |
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Shawna Marie
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Canceling a credit card CAN hurt your credit rating (I've pulled thousands of credit reports, as well as taken MANY MANY classes on how a credit score is equated).
If you want to learn more about credit, go to:
http://www.myfico.com/CreditEducation/
It will have an answer to just about any question you should have about a credit score, and how they come up with it. |
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Big Jay
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You should really stick to just one credit card. If you get too many credit cards, then your gonna screw yourself over. Cancel all but one, even if it hurts you, it'll help in the long run. |
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Banting B
 |
I would. |
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colbydog43
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cedit cards suck if you cant save up for what you need then you dont need it |
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Tom
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do cancel them if you can, you don't want to have cards to tempt you with.. Cash or debit is what you want!! |
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letsget_dangerous
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Cancelling cards is not going to hurt your credit rating. Haveing to many can however. You probably know this but in case you don't credit cards are not a healthy way to build credit. Many people use them as financing which often turns to bad debt. |
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Artur
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You should cancel all of them and get visa credit card they have lower interest and free protection |
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