 It's unavoidable - we're gonna miss a mortgage payment. How badly will that affect our credit? |
| We can't make our December motgage. We can't borrow from anywhere and all our savings are depleted because my spouse has been out of work for most of the year. He's the only person on ... |
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 We receive points =money for each qestion we say? |
| hi,my name is camelia,i am from romania.i want to ask you something.this bussines ,with yahoo answer,they really pay you because you ask or answer something?i want to know sure .i want proves.... |
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 I have been trying to find a bank that will give me a chance with a credit card even though i have bad credit? |
| I am getting married end of this year and would like to have a beautiful wedding but as we all know weddings are expensive, i dont want a fancy wedding just one i wont forget .So i guess i just want ... |
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 My credit card is being used illegally by someone using a yahoo e-mail. How can I get Yahoo to help? |
| Yahoo has no e-mail to report fraud and no phone numbers to call about problems so how can I get them to cooperate?... |
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 Should i notifiy the police that i'v beeing scamed? |
| I believe this website is a scam. http://www.premiumart.co
they sent me a check so that i my cash take a way 10% and return the reminding 90% back to them through western union. I yahooed ... |
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 Are the drug dealers suffering from the credit crunch? |
If all the high fliers from wall st and the city are finding a shortage of usage of thier flexible friends . #
does this cause a shortfall for drug dealers , is the price of good coke falling ... |
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| How will my husband's bad credit history affect mine, now that we're married and looking to buy a house? |
| My husband's had a very bad credit history before we were married, and mine was excellent. He's working on rebuilding it now, but what can and should I do not to get mine damaged? Is ... |
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 Does it affect my credit much if I don't pay off my balance in full each month? |
| This is my first credit card, and although I was paying off my balance in full each month, circumstances have led to me being able to only pay the minimum each month. My payments are always on time, ... |
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 I asked a question and it got removed? |
| I'm not sure why it was about getting a loan on the house I'm trying to get.what was the problem?... |
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 Why is Pay Pal taking over the internet? |
| A lot of sites you cant even use your credit card anymore. If you dont use paypal you dont get the service. Then they just wont get my business. Paypal locks accounts and you have to go through so ... |
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 I have bad credit!? |
| I have HORRIBLE credit, but I need a loan or a credit card. Where can I go to get approved?? Ive never had a credit card before but I only have two things that are holding my credit back. Im slowly ... |
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 Credit history question |
| I am a fresh college graduate. I had an interview with a company a few weeks ago, and I haven't heard back from them yet. What concerns me is my credit history: I made a few late payments on my ... |
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 What do you use your credit card for? |
| I was just wondering what people use their major credit cards for (major meaning visa or mastercards that are accepted everywhere and not store cards) ---- do you use them for emergencies, daily ... |
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| Getting a credit card? |
| So i've recently been contemplating getting a credit card. But i'm afraid of getting into debt. I just want to have one for emergencies, and I mean real emergencies. And even when they come ... |
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 I cosigned my brother's car; now he wants to file for bankruptcy. How will this affect my credit? Thanks. |
Additional Details
If he says he plans to keep the vehicle and keep making payments on it, will his bankruptcy still show up on my credit?... |
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rafastella | Whats the best way to get rid of credit card debts?? |
what are the differences between credit counseling, debt consolidation and does it affect your credit rating?? |
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jannie
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the only way to get rid of debt is to pay it |
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daddio
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i'm 36 divorced, remarried--when we met we had 43,000 in the red!!! we paid it off by focusing on paying it off. it took 2 years but we were at 0.00!!! you have no idea what a great feeling it was! it is all about focusing on paying it off! |
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Waine
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I love these questions, I send everyone here and you can't say there isn't a wealth of info:
try http://credit-cards.ebookorama.com
and and http://finance.ebookorama.com |
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Reidi
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cut up the cards and start paying the bills on time. |
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Copenhagen makes me feel good
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first and best way is to get rid of the card or cards cut back on your playing around money you can send in payments that are principal only payments on most cards or you can do home equity loan but use the money for what it was intended for other wise you are no better off than when you went to go get the loan. debt consolidation be careful with that can hurt your credit |
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Bad Kitty!
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Credit counselors - NO! They are often salespeople who sell fee-based debt management plans for a commission. Some offer debt counseling but you have to be very careful. On the other hand, debt-consolidation is a good bet if all you are doing is replacing multiple loans with a single loan and a lower monthly payment, over a longer period of time. First, get rid of your credit cards.
By the time you're in enough trouble to have to consolidate your debt, your credit rating has probably taken a beating anyway. |
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pww
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There are two ways to look at this issue--
the answer about paying the ones with the high interest rates first, makes good sense and this is where you should put double monthly payments every month when you can afford it,
but to help you feel like you are getting ahead faster and to stop the shopping habits--
Start with what I call the stragglers small amount totals that you can pay off quickly do not cancel the cards but lock them up!!
Longevity in credit is very important to getting hire scores.
This will help you start the no spend trend,
and help you realize that this is $$money$$ you can be putting toward something real, solid, like a condo or a home that you really never thought you could afford--
IT REALLY WORKS!!
10 years ago we were in well over our heads and sinking fast the only way out was to learn to be thrifty and work double hard (yes we took 2nd jobs to pay our debts), this was a great deterrent from sending because it was measured in how many extra hours we needed to work to get whatever it was that I could not live without....
good luck |
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Sherry K
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Your credit rating is already in bad shape if you have a lot of debt and are behind on payments. Credit counseling will help you decide how to pay your bills in the best possible manner and will work with your debtors to perhaps forgo some of the high interest charges you're probably accumulating. Debt consolidation is a procedure that pays off your debt, and then you pay the consolidator only one monthly fee until it's all paid off. |
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Inquisitive1
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First, Please do not go to a Credit Counseling company it is viewed as a bankruptcy without the protection of the bankruptcy court. No company will touch you until you are done paying everyone back. It brings your score down and you will be worse off. If you are late the damage is done. You could wait to let them charge off and the credit card companies will offer you a deal. If you are not late and have not been late you can call them and ask what kind of programs they have for reducing your interest rate. Also dispute items you are unaware of or that are not yours. If your credit is good then try to find a zero interest credit card to transfer the balance to so the interest no longer compounds. It will bring your score down a bit but nothing like a late payment or charge-off/collection/judgment. |
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answer man
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I read about this lady that decided for one year she would only buy the "essentials" food, water, bills, toilet paper, you get the idea, and she was able to payoff all her credit card debt, like $10,000 I think it was, as for your credit rating you should be fine if you have no lates, cards are considered positve trade lines. |
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marewka
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stop shopping ..
pay off..
i have no idea..i dont have any yet |
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James H
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There is a lot of good info on this subject right here. |
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kuntry_guhl
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the most foolproof way is to pay the bills....credit counsellors dont do or tell you anything you don't already know or can't find out for yourself....debt consolodators just do what you can (calling the credit companies to make payment arrangements), the only perk of using consolodators is that you can write one check instead of 10 when paying your credit card bills...no it does not affect your credit rating...the only thing that can effect that is not paying the bills or filing for bankruptcy |
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Gem
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Manage Your Credit Card Debt, check this:
http://www.askaquery.com/Answers/qn1579.html |
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fuchi fuchi fea fea
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sit down and make of list of every credit card you have. i the list include amount owed and interest rates. start with paying off your high rate cards and moving towards the lower rate cards. this will help you pay less in interest.
also include due dates in your list to help avoid any late payments & late fees. if your late on any or have overlimit fees pay them down so you can avoid more fees and negative points on your credit report.
as you pay them off cancel out the ones you really dont need, department store-gas ards-extra credit cards. just keep one or two cards for emergencies only.
if your really in debt to the point where you can make the min payment, try debt consolidation |
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