 Can a collection agency ask for more than the original debt? |
| I am trying to clear up some 'charge off' credit cards on my credit report. Some have $0 under balance due. If I get a notice from a collection agency, how do I know if this is the ... |
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 Is it bad to go into your over draft? |
| my partner wont go into the over draft because apparently it gives you bad credit, is this true??... |
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 Does anyone know of reputable consolidation company for credit card debt? |
| I have looked online and found some names but don't know who is legit and who is going to rip me off. Anyone who has used a particular company that has been honest and helpful and has a good ... |
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 Where can i get an unsecured loan with bad credit? |
| i have a ccj which is to come off next year. i use a family members bank account. im struggling to find a company who will give me a ... |
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 WHAT'S ALL THE FUSS ABOUT THE CREDIT CRUNCH? ? |
I've sacked half my workforce and told the remainder to work twice as hard.
So far I haven't noticed any reduction of income.
Additional Details
Thank you Net Advisor, I ... |
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 I have been offered a 'payoff' amount on an old debt-accept? |
| I just received a letter in the mail from a debt collector, stating that the creditor has agreed to accept 60% of the balance due, as a lump sum settlement. I have a funny feeling that taking this ... |
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 When are they suppose to start mailing the stimulus check? |
| My last numbers are 00 and I had direct deposit. But I use h&r and now I am getting a mailed check . Are they Starting to mail them out on May 9th or should I receive it by then. Everywhere I ... |
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 What is the process of adding someone as an authorized user on an acct to improve their credit? |
| If you were to add a person to another's credit card that is in good standings to improve their credit rating, how would that process work? Do they have to go thru the same approval process (... |
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 If i used someones credit card on my phone or pc can the cops or bank trace it back to me? |
| if i used someones credit card on my phone or pc can the cops or bank trace it back to me?... |
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 I have bad credit and need a prepaid credit card? |
| I would like to get a credit card but have bad credit. Does anyone know of any cards that I can get even if it is secured and it gives some sort of rewards, like cash back or anything like that? If ... |
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 Bad credit..can i change my name and open a new bank account to obtain good credit? |
| Ive heard of stories where people have changed there name...updated driving license and opened a new bank account....in order to obtain a new credit file? stories ive heard of where saying youve ... |
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 My friend has, unbeknowingly to me, acquired a huge amount of credit card debt. He also has an expensive? |
| car on finance, plus other unknown debts. I know of at least forty thousand pounds of debt. His partner is debt free and also expecting a baby in two weeks, she had no knowledge of the debt until ... |
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 What is the best option for credit card debt?? |
| What do you think is the best way to clear up Credit Card dept??? Paying each debt individually with minimum payment every month?? Which is all I can afford. Filing bankruptcy??? Settling out??? S... |
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 I just turned 19, and my credit score is 711. is that good? |
i have a debit card with chase, and a credit card. And i also have an installment plan with Ballys.
Additional Details
i also work @ nordstrom, so that qualifys me for an american ... |
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 Hello, how long does a debt remain collectable? |
| Is it true that a debt ceases to become collectable after a certain number of years if it is never acknowledged(in the UK)? And if so, how many years? The debt concerned was credit card/overdraft ... |
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Reba C. | What is the BEST credit card 2 get 4 someone that never had one? |
I'm 18 & I'm a mother .So I'm in need of a lil help wit stuff.
I HAVE NEVER HAD A CREDIT CARD B4.
So I have been thinking about getting a credit card. I'm not all that sure how credit card r with "Intro APR" "APR as low W/E" & "Rewards" I'm not sure whats best. So I need a lil help from someone that does. All I want is like $500-1000 on tha card .And a low monthly payment thats all. Thankz
Additional Details
Was jus read all tha answer ...& Just wanted 2 add that. know all tha bad about them.But I always pay my bills on time.So no worry about that.Cause I'm going to get one no matter,But anyways thanks 2 all who answered .. |
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jeffrey1001
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The problem with having a balance on a credit card is the high interst that you pay. You should never get a credit card with the intent of having a revolving balance. If you can't buy it then you don't need it. |
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blue_agave0311
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Credit cards are bad. Don't use them. The only thing that should ever be purchased on a loan is a home. I really recommend that you check out Dave Ramsey at http://www.daveramsey.com/ and possibly enroll in Financial Peace University. If you can, listen to his afternoon radio broadcast. |
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Arizona Chick
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American Express is a good card to get. I use pre-paids cause I only spend what I put on it and I can put up to a grand on it. They even sent me a card with my name on it as well so that I can show ID and prove that I am the owner of the card. I am a newlysingle mother ad its a great way to help with my buget. I can pay all my bills with the card and I dont have cash on me all the time either. |
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mister ed
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everyone has given you very good advise -- i will now throw in my two cents == i would get a discover card -- i would not worry about the limit or the interest rate -- because i want you use it as a debit card and pay off you balance every month ahead of schedule == you will get money back on their rewards program -- but like everyone said with a credit card comes the responsibility that you use it wisely on within a few months you could easily be up to you ears in debt!!! |
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hmark
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If you've never had a credit card, or never borrowed before, then you have no credit history. Very few companies will give a credit card to someone who have no credit history. Your best way to start a credit history is to get a secured credit card whereby you place $200 or $500 in an account and use it as one.
The lowest APRs go to people who have excellent credit histories. You can try and get department store cards and make some purchases, just be sure to pay on time each month and don't get into debt. That would make for a bad credit history.
Don't try for a bank loan until you have some kind of credit going for a few months or longer. It takes time to build credit. If you apply for a card now, and get rejected, it too, will be on your credit history. Your credit history is very important and will stay with you for the rest of your life, so take good care of it.
Take a look on the 2nd website as it will help you with developing & improving your credit history. |
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FoxyMama
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They're right - credit cards will get you into trouble very quickly if you mess up. But if you're responsible about it, and pay over the minimum payment due every month (like if it says your minimum payment due is $25 pay $50. If it says minimum payment due is $75 pay $120) and pay it on time, it will help you build your credit and in the long run, help you establish yourself.
In my opinion, HSBC Orchard Bank credit cards are the best cards for people just starting out.
Here's the link: www.orchardbank.com
Hope I helped! |
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Queen*~Of~*Naughty
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If you dont have a credit card and never have had one then your probably going to be better off not getting a credit card. Because no matter what gimick they use to get the card to you the interest rates change after a certain period. Some credit cards require you to pay the full amount each month. And its very easy to get out of control with them. i know its not fun but its really your best bet to wait on the credit cards because when your older you will need your credit for being able to finance a house or a car. Good luck! |
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David A
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you might want to go here to compare them, pick one that is right for u
http://www.bestcreditrates.net |
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dolly blaine
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a prepaid card scores over credit cards especially if the owner has a not so perfect credit history.
The rejection is non existent in case of prepaid credit cards, there are no credit checks, no employment verification, and approval is guaranteed.
With a bit of dilligent shopping and comparision of various prepaid credit card offers, it is not difficult to find a prepaid card with no annual fees, no late payment fees, no repayments, and no penalties whatsoever. So, the ownership costs of a prepaid card can be negligible.
With prepaid cards it is very easy to promote financial discipline. Since you can only spend what you have, there is no overspending, and hence no debts.
Some prepaid cards do report their use to major credit bureaus and hence are a good instrument to rebuild credit history.
Prepaid cards have wide acceptablility, and in some cases they are even more readily accepted than credit cards. Apply online for a best prepaid credit card at: http://www.credit-card-gallery.com/PrePaid_Card.html |
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open4one
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STOP!
Credit cards are either a trap or a tool, depending on how you use them.
If you intend to run up $1,000 on it, it's a trap. If the interest is 18%, you'll be paying $25 per month for five years, for a total of over $1,500. That may look okay right now, but if you do that at 18, imagine putting a zero behind all of those numbers when you're 22.
Don't charge more on a credit card than you can pay when the bill comes due.
That being said, credit cards build up credit, assuming you pay on time and all that.
The easiest ones to get are from service stations. Shell, Texaco, Exxon, big names. Once you've had one for a year and paid the balance each month, you'll find it easier to get a regular credit card, and it won't be as dangerous to have it.
I recommend you take it slow and carefully on credit. It's not as simple as they make it look on television. |
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ohio44903
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NONE, just get a debit card and live with in your budget |
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geessewereabove
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Consumer Reports is doing a report on Credit cards this month. Read it.
You may prefer not to use credit and just use what you have. So you don't end up with lots of bills, continually, in the future. |
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