 How can I get a credit card if I have a bad credit history? |
| I have just moved home and don't owe anything from this address.Are there any companies out there that are easy to get them from or are there any tricks you could share with me?... |
|
 Which is the better credit card? |
I'm in dilemma between these 2 credit cards that I just received.
1st Card:
-8% APR (fixed)
-3500 points ($1 = 1 point) is equal to 25 dollars cash back. (less than 1% ... |
|
 I need a auto loan from a credit union but don't have an account!? |
| I am told that getting an auto loan from a credit union is the best way to go and some even offer you 100% auto financing but how would that work would I have to become a member, do I need perfect ... |
|
 Where can I get a loan for $2500 with fair credit? |
| I have already been scammed by Sterling Finche online and now find myself in dire need of funds. What to do? I am not a loser, I work (teacher) just had a rough summer. I sold everything I can sell! I... |
|
 I am being sued for a $6,000 credit card in New Jersey from a collection agency. What do I do? |
| The card was with Providian and I had it way back in 1998. I was making monthly payments until around 2001. I ended up losing my job and shortly after moved to New Jersey. I have been living and ... |
|
 Who gives loans to people with bad credit? |
| After a loan to pay off my debts but have 3 defaults from 4 years ago. Any ideas?... |
|
 How do I reduce our credit card interest rate? |
| My husband and I between the two of us have on credit card from Capital One. Our Balance is 5000 with a limit of 6500, we do use the credit card atleast once a week and send out a payment of about 50... |
|
 How long is a debt held for before it is written off if they cant locate you? |
| I recently received a letter stating that i owe £29k after 18 yrs on a property that a previous x let go into repossession. what can i ... |
|
 I need a $5000 loan, credit score of 590?? |
does anyone know of any lenders who will do this? i need names.
Additional Details
the thing is, im no longer in any debt. all of my debts and collections have been paid off. Im trying ... |
|
 BANK OF AMERICA SCREWED ME OVER!!! I need help!!? |
| Alright, here is my situation, I have a checking and credit card with them. I set up my credit card payment to come out on the 10th every month, for some reason it came out on the second, and they ... |
|
 Did anybody get a personal loan with bad credit? |
| My husband and I want a loan for $50,000 for investing purposes but have bad credit. Is there anybody that ever got a loan with bad credit for a large amount of income. No Scams. Please. Only legit ... |
|
 Is it better to pay off your balance or to get a payment history established? |
| Soon I will be making more money and will easily be able to pay off my creditors but I have poor credit right now. Is it better for the credit report if I pay them off in full or if I just ride the ... |
|
 How long before you can start applying for other credit cards if you barley got one a month ago? |
| I want to get another credit card from like best buy are some where and I barley got mine like a month ago, I paid it off and i want to know how long i have to wait before i get to "build my ... |
|
|  |
Confused | Should I co-sign a loan for my boyfriend?? |
My boyfriend is having some finacial problems and we are working on buying a place of our own in the near future, but he has some out standing bills. Which need to be paid off. So he is able to get a loan to pay every thing off, but he needs a co signer. He asked me too. I have been dating him for two years, we are pretty serious, but I am not sure if it is a smart idea to co-sign a loan...Please someone give me some advise.. |
 |
 
Kevin K
|
In almost all cases, the co-signer is the one who usually ends up paying for the debt. Don't do it. First of all, he should be smart enough to handle his debts on his own, that's number one. If he needs a co-signer, that means he hasn't taken care of his credit so that he can get a loan on his own. Second, anyone who has any respect for you would not put you in a position where you might (and probably will) be liable for their debt down the road. |
|
topdawgco97
 |
NO NO NO NO NO NO, NO matter who the person is, Friend family, or whatever they can't get their own credit because they have proved that they don't pay their bills, if you co-sign and he defaults it messes up YOUR credit as a co-signer. Under NO circumstances ever co-sign. |
|
john s
|
Sorry if this isn't the answer you want to hear.....No. You absolutely should not co-sign this loan. It will only lead to trouble. If something ever happens between the two of you, your credit can suffer severely as you will be equally responsible for this money. If you were married, you should co-sign, but it's a different story if you're just dating.
It may be tough for you not to do it, but in the end, it will be best. |
|
Kim Y
 |
Your hesitancy at moving forward with this sends me a red flag. I believe that you sort of answered your own question. It does not look like a good idea at this time. Maybe once you are engaged to the guy, but just dating someone, and he decides that you are not "it" for him, so he skips out, leaving you with his debt?
Be very careful, approach with caution, and see if his Parents or other family member can step in. I think you are setting yourself up for a fall.
012407 3:07 |
|
BMW BFD
 |
If he doesn't pay, then you have to. This will go on your credit, so if he is late, its a late payment to you as well. I would say no...protect yourself. His credit problems indicate that he is not very resourceful with his money... |
|
mldjay
|
NOOOOOO
never, ever, ever co-sign a loan for anyone. If someone needs a cosigner it just means the bank says the statisicts of this person ever paying this loan back is ZERO! Which would mean when he defults on the loan, you are stuck with the balance.
If you were married you could have a joint application. But never, ever co-sign on a loan.
I suggest you both read The Total Money Makeover by Ramsey and if you are looking to marry, attend his Financial Peace University (FPU) class. |
|
summerbond
|
NOOOOOOOOOOOOOOOO!! I agree with what everyone is saying and wanted to add the following:
His financial status says a lot about his character. A lot of people have experienced financial problems in their life but the only way to learn from it and not repeat the pattern is to bail your self out. Good luck! |
|
C M
|
NOOOOOOO! My ex f**k me over. We had a kid and where tougher for 5 years. That didn't matter. |
|
orange1
 |
NO NO NO NO NO!!! Never co sign for another person, whether it is your child or your mother or your boyfriend. NEVER!!!!!!
The only exception is when you are married and then you fill out a joint application. If you are serious about marriage then get married first and work out your financial problems together. If you are not willing to do this for him than maybe he's not the one for you. Good luck! |
|
morningfoxnorth
|
When you co-sign the loan, YOU are promising to pay it. I think this is a very good thing. It is a great gift for your boy friend (soon to be ex-boy friend). You have too much money, anyway. |
|
John Z
|
Boyfriends/Girlfriends & Wives/Husbands may come and go throughout your life, but you credit will follow you to the grave. I would advise against it. But he would be better off getting a loan on his own. He might have to work a 2nd or 3rd job to pay off those other debts. Taking out another loan would only icrease stress for both of you and would probably increase the likelyhood that you not work out in the long run. |
|
The one who knows
 |
Here's your answer: NO!!!!!!!!!!!! what if y'all break up and he stops paying the loan back. Then what? yep, that's right you have to pay it. Either way, you are going to do what you want to, but it would be a bad idea if you did. |
|
nebula7693
 |
And just to make this unanimous- NO! |
|
Angel
|
If your have doubts then dont do it. It doesnt mean you love him less, but listen to that little voice. Believe me i have been through this. My brother-in-law ask me to cosign for an Apt. and my husband said that hes family we can trust him. Well i ended up having to pay $2,000 of my own money cause he refused to pay for the damages and things when his lease was up. he said he didnt do it he shouldnt have to pay, but i uess he thought since i didnt even live there i should have to pay! Just be careful, it seems that is those who your closest to are the first to screw you. Write up some sort of document that he has to sign promising that he will pay it off and you have no obligation to it. it wont be legal, but if anything were to happen you could take him to small claims court and they would allow the document. |
|
Debt Free!
|
please, please, please don't sign and your opening sentence is key: My boyfriend is having some finacial problems. if he's having problems, how do you expect him to pay for more debt. he won't. you will be paying for it. also you are not sure you are going to be together, if he were your husband, i might give a nod, but he could be out of the picture with no financial obligations to you or the loan. please don't do it. |
|
bryan l
|
If you are going to get married then yes! |
|
sandwicz
|
Only fathers and fools co-sign.
Don't do it!! |
|
bibun
|
!!NEVER!! |
|
faintvisions
|
My boyfriend and I have been dating for two and half years, live together, and so serious we talk about marriage. YEt Still, i would not co sign a loan with him. I work in banking and have seen this happen, where the co signor becomes responsible for their significant others when the partner ends up not making payments. This can alos affect your credit.
I would tell him that this can only be bad for the relationship, it can cause much tensions, and that this is the kind of responsibility of a married couple takes on. I'd tell him t o find someone else, like a parent, to co sign his loan.
If a parent will not cosign, you should start questioning why and take that knowledge when deciding what to do. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
19 | 20 minutes(s) ago
| | | |
9 | 52 minutes(s) ago
| | | |
19 | 3 hour(s) ago
| | | |
19 | 7 hour(s) ago
| | | |
19 | 10 hour(s) ago
| | | |
19 | 1 day(s) ago
| | | |
6 | 4 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
19 | 2 week(s) ago
| | | |
19 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
