 Quickest way to build good credit from no credit? |
| I'm a 20 year old college student with no credit history and I just got my first credit card, a WaMu Secured Credit Card with a $29 annual fee and required deposit. My question is, what is the ... |
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 Is it best to pay a credit card bill early or on time? |
| to establish a decent credit..my next bill isnt due till sept 12th, what is better? to pay earlier then that date or on time. ... |
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 Can I be sued for a ten year old debt? |
| I have an unpaid debt of originally 700 dlls with a phone company formerly knonw as Pacific Bell in California. That company eventually became SBC and now ATT. I just got a call from a collection ... |
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 Credit cards and credit score? |
in order to improve my credit score should i pay the cards off every month of leave a balance? and why
Additional Details
if leaving a balance is recommended explain why and how much ... |
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 My sister used and signed my name to purchase a car. What should I do? |
| The credit bureau is showing that it is my debt, but the company which she got the credit from does not have me in their database.... |
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 How can i earn money online by just typing??? |
| Almost all sites about making money online is A BIG SCAM!!! most of them send virus to your computer!!! Does anyone know an online job as a typist??? Most sites have these bold texts about how to ... |
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 Credit card vs. loan? |
| I have a debt of 28,000, and a loan for it for 12.99% for 96 months (611.00 payment). I have been thinking about transferring the debt to credit cards: 16000 at 1.9% for 8 months then 16.99% after, ... |
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 If I co-sign for my brothers auto loan, will it appear on my credit report? |
| I would like to know because I'm trying to buy a house very soon and would like to help my little brother out. I just don't want to mess up my chances at getting a ... |
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 I am looking for a web site that has good info on how to repair bad credit..any suggestions? |
| i considered "eliminate bad credit for good on line sites" to my understanding they're scams...bankrupcy sounds like the last option and i'm not that bad in debt..less than 5000...... |
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 What are some specific ways I can increase my credit score? |
| Here's the situation: my credit rating is poor. I have a few charged off credit cards from my early college years. HOWEVER, I do have one credit card that I have never even been late. Also, I ... |
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 I just got my first checking/savings account...help? |
| Could someone explain to me whether or not I can buy things online with it? I got my account from Wamu...and I think I get the gist of it all, but I'm just concerned what exactly I can/can'... |
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 Can an 11 year old use their mothers credit card? |
| Hello, my 11 year old wants a credit card, and keeps asking if she can use my credit card, she's very responsible, so she won't screw up my credit, but still, can she use it?... |
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 Wage Garnishment help? |
Doesn't anyone know on how to stop wage garnishment..since my mother die I have been facing hard time... is there a law that protect me...or is to late what can I don't I feel so sad.
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| I have less than perfect credit? |
| i made mistakes when i was younger getting a credit card at 18 with no job, now that i'm older have a good job and good income nobody trusts me with credit.......is there anywhere i can go or ... |
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 Cant afford payments of loan and credit card? |
| Ive got debt with a bank on my credit card and loan. But cant afford the repayments and my debt is less than ÂŁ2000,is there any way that this debt could be written off by the bank?... |
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 I need an apt. I was denied 4 yrs ago with a 585 credit score in CA. Now it's 640. Will I have problems? ? |
| As I said above, I want an apt. I'm a teacher w/ ten years in the field. What are my chances of being approved in a decent area. I take home 3500/mo. and want something in the 1000+-200 range?... |
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da1sy | What's a credit union? |
I've been reading the answers on this page and credit union keeps popping up as a source of help, could anyone explain what they do and where they are please. |
 |
 
aleish
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A credit union is an institution owned by the “members” or customers. Contrast this with banks where the customers are just customers. Banks answer to profitability – usually shareholders own a bank and expect financial performance from bank management.
Credit unions are nonprofit organizations that strive for service over profitability. Note that I said that credit unions are nonprofits, however they are not charities. Credit unions must make sound financial decisions.
Credit union deposits are insured very much like your bank deposits. The organization that insures the two types of institutions is different. However, the quality of insurance is the same in my mind.
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drdocaj
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I think one of the differences is that they don't have business accounts. We were going to join one, but my husband needs a business account and they said they don't offer them. That is one of the reasons how they keep their rates lower. I think... |
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Jonathan T
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A credit union is like a bank in every respect I know of or can think of except:
While a bank is typically owned by shareholders who seek to profit against those who have accounts with the bank...
A credit union is owned jointly by those whose accounts it holds. The depositors in a credit union ARE the shareholders.
I think credit unions have some restrictions as to what investment vehicles they are allowed to offer. That has probably resulted from some kind of powerful banking lobby in Washington D.C. that has very little to do with how you and I actually want to manage our finances. |
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Easy
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try this site it should help explain
http://www.abcul.coop/page/index.cfm |
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minion
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A credit union is just another name for a bank. |
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lusty_for_knowledge
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not sure where you are from, but here in australia they are like banks! |
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Litmus180
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It is a financial co-operative owned and run by its members in accordance with strict laws and regulated by the Financial Services Authority (FSA).
The members of the Credit Union save together in low risk funds set by law and lend each other money for useful purposes.
Your money is placed in secure investments of low risk. Interest is earned on it for the Credit Union.
The main purpose of the Credit Union is to encourage regular savings and make loans to its members at low rates of interest. These loans are repaid by regular instalments that include interest.
The Credit Union insures the lives of its savers and, depending on age, this insurance can be up to twice the value of shares you hold. Children’s savings are held in a separate account.
All money held by the Credit Union is insured against dishonest acts. |
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jynxx25
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There are two types of financial institution that use “credit union” in their title. A credit union for the most part is a bank. They try to appeal that they serve the community (city or county) rather than the national masses. A credit union may offer better rates on loans, easier terms, better interest on savings, or lower interest on credit cards. Some credit unions view their customers as members. As a member, you have the privilege to cast your vote to elect board members and committee members.
A federal credit union is everything I just mentioned. Federal credit unions carters to the community, offers better rates, offers better customer service (including monitoring for questionable transactions to your account), and encourage you to vote for those who will run the institution. However, federal credit unions have stricter member qualifications. Here are the requirements for my federal credit union, CMT: “Membership is open to everybody who lives, works, or attends school or college in Solano County.” |
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modeller_db
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A credit union is a group of people who get together to form a money lending business, but only to each other. It is almost a way of saving. Everone pays into it, and when an emergency comes along, you borrow the money from the union. It is then paid back at, normally, a very low interest rate. |
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NONAME
 |
a credit union is a non-profit lending institution established by members with something in common |
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buzzin
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it is a bank....plain and simple.........in the past you had to be a government employee , but most of them are open to anyone these days |
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