 How can I build credit if no one will give me a credit card? |
| I am 24 years old and have lived on my own and within my means since I was 18. I work in Commercial Real Estate and do fairly well. I pay my rent and all my bills on time (or within 2 days of on ... |
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 If I get a credit card, and pay it off every month before interest is added is it just like using a debit card |
| I mean, if I get the card, then pay off my bills by the due date..I won't have to pay any interest correct? I want a credit card to build up my credit but want to be extremely careful doing ... |
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 Closing a store credit card account? |
| I have a credit account to Best Buy, the electronic store, if i close this account while still having a balance, will it be worse than if i just waited to pay it off than close it?... |
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 Why is child support showing up on my Equifax credit report as a 'collection account'?!? |
This has to be killing my score.....and whats worse is the fact that I am timely on all payments.
It even has a notation that Im past due $1032, when I just called the office Friday and ... |
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 Does anyone know how long a credit card or collection company can come after you before they stop? |
| I've heard that after so many years, depending on the state you live in, you can get rid of your debt with out paying anything. Basically i'm trying to find away to get my debt cleared. It&#... |
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 What number = "bad" credit score? |
| OK, so what is the real deal on what number your FICO score has to be to be considered "bad credit" or "good credit"?... |
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 Please how can i check my balance inquiry from my credit cards both visa and master.? |
| i mean how much i have left in my credit card?just describe it for me step by step.i use visa and master ... |
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 Could i go to jail if i dont pay my debt? |
| I currently owe about 8 - 10 k in debt and i am currently unemployed for the last 4 months. If i cant pay it until i find a job can they sew me or put me in jail? Any answere willl be great. Thank ... |
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 Advise on collections, whether or not to pay a bill.? |
| I have a bill which I have not paid on in years. So far, the only thing that the collections people have been able to do is call me and send me mail. Big deal, I say to that. So, my question is, &#... |
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 Is it bad.....? |
| that i want to have the lowest points possible?... |
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 Horriable Credit ... Help!? |
I have the worst credit in the world( this is seriously bad) My score is some where below 520. At the current moment I owe about 35,000 and have 2 repossed cars.
Someone Help me.
A... |
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 PAYPAL PROBLEM HELP EVERy1!! EBAYERS HELP ME!!?!?!?!? |
| well heres my problem, i have sold a few things on ebay and ive withdrawed the money into my account.For the first day it said pending and in the second day it said complete, although they say this ... |
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 I have bad credit history anyone no were i can get a hd tv on finance? |
| i want to get a tv on finance but i have realy bad credit history does anyone no were to get one from who does no credit checks ?????... |
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 How do I get off a carloan as the cosigner? |
| I co-signed for my (now) ex-boyfriends car about a year and a half ago. I only did it because I was told that it would only be for a year, and then it could be transferred into his name. Well that ... |
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 I was contacted about a bill that the company said I never paid. However the bill was paid by check. They want |
| They want proof of payment. I would have to order the canceled check, which would cost me money or I would have to send a copy of my bank statement which Idefinitely would not be comfortable doing. B... |
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HollyGolightly | What is the best way to pay off these two credit cards? |
I have 29K in credit card debt, with 29.9% interest on both. If I get 15k cash given to me, would it be better to pay off one card or pay each one down half way? Please let me know, I'm desperately trying to get our of credit card debt. I'm always on time with my payments and I have a good credit score, but the interest is so hight that each time I make a payment that's all I really paying-interest!!!!!!!!!!!!!! |
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Sactomanwhore
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Most expert usually recommend you concentrating paying on card off while paying only the minimum on the second card. Then once you pay off the first card apply both payments mentioned above to pay off the second card much much faster.
Please remember, the 15K doesn't do you any good if you fool yourself by charging again while you have a balance that you cannot pay off. You will be just digging youself more debt.
Good luck and with a 15K chunck taken out of one of the cards, you will be able to see with some focus that you could get out of this consumer debt. Good luck! |
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AdamBeaz
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well first you need to find a credit card or two wich have the one year at 0% APR. and tranfer as much as you can into one of those. Then use the cash to pay off the rest. Definently pay them off one at a time and pay the one with the higher % rate first. |
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ucla bruin fan!
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Try to get a balance transfer at 0.0%.
After that don't charge anymore with the new account. |
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EL-BRAY
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Pay it all on one . Make minium payment each month on the other one.Put as much as you can afford each month toward the card with the lower balance until it is paid off.Then start on the other one pay all you can afford until it is paid off . DONT USE EITHER CARD if you do you will defeat your purpose of getting them oaid off. I Would watch for special promotions on balance transfers.You can search the web and find them as low as 7.5 % and no interest from 6 mo to a year. |
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athena9980
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first call you credit card companys and ask them for a lower APR if you have a good payment history with them and are on time as you say they usualy will lower it. if not find out which card has the higher apr and pay that one with the money you get and then pay off the one with the lower apr, always send more then the min ammount or you will end up paying for the credit card until your 80! after that cancel the suckers, all it is, is temptentation and if you pay it off, youll be more likely to use it again. i am going through a credit assistance program to pay off my debt you may looking into something like that, thoughs companys can lower your apr and your monthly payment so you can pay it off sooner and be done with it. good luck. |
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Culture Warrior
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Go with the Dave Ramsey school of thought. Pay as much as you can on the card with the lowest balance. Continue to make as much of a payment as you can on the lower balance card and adjust your budget to keep doing it. After you have paid off the first card, you will be able to take what you were paying monthly on that card and apply it to the other card. This snowball effect ends up paying debts down as fast as you can.
The key is to NOT USE THE CARDS until they are completely paid off.
Ask yourself this question, "Would I go to a bank and ask for a loan to buy this product or service?"
Essentially, that is what you are doing each time you use your credit card. Use cash to buy things and take the credit cards out of your wallet.
People always say that they need a credit card in case of emergencies. When it is all said and done, you most likely have a cell phone and could contact someone in case there was such an emergency.
Good luck and welcome to credit card hell. We have all been there. |
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deb1975@sbcglobal.net
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Contact each of the creditors and ask them to lower your interest rate (sometimes they will do this but you MUST request to speak with a supervisor). If they refuse...contact Consumer Credit Counseling thru the Catholic Charities (you do NOT have to be Catholic to get help here). THEY will contact the creditors on your behalf and have better success in getting interest rates lowered. Once the rates are lower you can manage the debt using part of the $15K. CCC will also help you plan a budget so you don't fall into this type of credit card debt again! That is a huge ineterest for someone with good credit...you need to get in re-evaluated |
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NatureLuva
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Definately pay one off in full. Then, rather than get a 0% card as the others have suggested (people are not very good at being disciplined with credit cards) you could get a personal loan to pay out the second credit card. That way you are at a lower interest rate so your repayment will be less than what you're paying on your credit card at the moment and best of all you have an end date, so you know in 5 years, or however long you choose to take the personal loan over, that it will be gone! I read the other day that if you pay your minimum repayment on your credit card every month and nothing more, but also don't spend on it, you will pay it of in 30 YEARS!!!! Definately try to get out of them. GoodLuck |
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bambambrennie
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I would consider private guidance.
Go to a stock broker, a bank, a credit union and state your case.
You will be surprised at what types of businesses are willing to invest (as long as they are making a buck ... so keep in mind your best interests)
good luck. :) |
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GreyFox
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Pay one first, so the minimum payment is less, then use it for nessecary purchases, but KEEP it paid off each month, so there is no interest charge on it. Use whatever cash is left over each month to cover as much of the balance on the remaining card as possible. |
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????????
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If it were me, I would pay the lowest one off, if you have enough to do that. Then you can make solid monthly (above average amounts) to get the other one down and down and down. Plus, if one's paid off and you need it, it'll be there for you. Not to run up again, but in case of emergency, you know?
Plus, if you get one paid, you can probably open a new credit card, look for interest deals, and transfer the balance to a card with lower interest. Cause you are paying way more interest than I am..So start to investigate and research interest rates and credit cards.
I transfered a balance and got a MUCH better deal. good luck. |
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Twisted Maggie
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Welcome to the credit card nightmare. I cut my cards up and paid the highest one off first by paying more each month than the minimum. This way they couldn't charge me the total interest rate.
Have you thought of consolidating your bills? There are agencies that will help you to do that and can bring down your payments.
Just remember, that having a credit card is a money pit. Banks thrive on your misery of trying to pay them back.
Get rid of them, before you have to go bankrupt, just to get rid of the debt. |
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