 First substantive answer is best answer? |
| does moving lower your credit score?... |
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 Credit card companies? |
| I am always wondering about credit card companies. For example, let me say, someone has a card which has a value of $10,000 or more. What if s/he buy what ever s/he wents with all this money and ... |
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 Overdraft Bank Charges and failed Direct Debts? |
| Recently my bank account has been in a bad state because I brought a new car. In this time I have been charged overdraw charges and some direct debits have failed so I have been charged direct debit ... |
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 A bank has sent me 2 credit cards when I do not need any. How do I get rid of these ? |
A bank has sent me 2 credit cards when I do not need any. I have heard that the credit cards are ‘not activated’ when they arrive through mail.
They get activated only upon usage. Is it true ... |
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| 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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 How do i improve my credit? |
| i have a very low credit score of 525. but i have payed all of my debts a year and a half ago. i recently spoke with a financial advisor for the credit union that i bank at, and she told me that i ... |
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| Has anyone one heard of Foresthill lending services? |
| I have been offered a loan from them and want to know if they are a scam. www.foresthilllending.com. I was contacted from them and say they work with many lenders to find you a loan to meet yours ... |
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 How do i get a $200,000. loan with good credit ?!? |
| i have 2 jobs i will make about $40,000. a year at one. and about another $40,000. at the other that i started 6 month ago.... |
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 How can I straighten out my credit? |
| I'm 22 and I recently completed a rental application for an apartment, but was turned down due to my credit. The only things on my credit are my student loan from college and a hopital bill. I ... |
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 Paypal sent me an email "ABOUT SOMEBODY'S ACCOUNT"? |
Dear PayPal Member,
Your account has been suspended in our system as a part of our routine security measures.
This is a must to ensure that only you have access and use of your Paypal ... |
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 I have no credit, not bad credit, just no credit. How can i begin to establish credit? |
| I'm just starting out with establishing my credit. I tried to get store credit cards etc but every time they decline because I haven't a sufficient credit history, or references. How can ... |
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 Ex husband filed bancruptcy and bank wanting me to pay off loan he was responsible for? |
| this is a second mortgage. i was released from the original loan. divorce papers say he was to assume loan and have it taken out of my name, which he never did. need to know my options for dealing ... |
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 Can I get car credit in mothers name as I am discharged bankrupt? |
| I was discharged from bankruptcy in April 2006. Before I was made Bankrupt and never had any money I could have car credit but now I can easily afford repayments I can't get credit. Would I be ... |
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 When do creditors stop chasing the debt? |
Additional Details
an x girlfriend of a friend had a supp card with his credit card, shes now dumped him and refuses to pay the 7k which now becomes his debt and yes he has learnt his ... |
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Maria E | Which credit card is best for me? |
I'm a college student and I have never had a credit card. I want to apply to one but Im not sure which one would sute me best. I have known that some credit cards will charge just for having their credit card. I wouldnt want one of those. Do you know of any credit card that gives students a good deal? |
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bella_4624_19
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citi offers some of the best cards. with no credit you might have a hard time getting a regular credit card. you might have to start off with a store card and build some credit from there. |
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unaforce65
 |
It's not challenging at all to get a credit card. It seems like companies are throwing credit at everyone except for people w/absolutely horrible credit. I used to get pre-approved offers almost everyday until I called some hotline to say I didn't want them. Even then, you have to wait a month until they stop coming. One card is enough for me right now.
Of course, the challenging part is finding the right card and making sure you can pay it off on time. Credit cards don't translate into lifelong debt as long as you don't charge for things u can't afford. So to everyone who's telling this person not to get a card, don't do it unless you know her financial situation and spending habits.
I have a Citi College Card that gives you rebates. I'm not sure about the exact details because they lowered the gas, grocery and drugstore rebates to 2%. Besides interest rates, you should also research thank-you rewards. They might give you freebies, rebates and gift cards after you spend a certain amount. Which one do you have the most use for? Of course, these rewards won't do you a lot of good if you can't pay off your debt.
Don't just look at college cards either. I read in Newsweek that the AT&T Cash Rewards Card charges more interest for thier college version than the regular. |
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INACTIVE
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Having credit cards is great ... using them is not. Check the website below that will help you decide what card is best for you as a student. There is a tab for credit cards. |
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penpallermel
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I would suggest getting one through your bank. They offer pretty good rates and are not reward cards/American Express, where you pay an annual fee. Compare credit card offers with the percentage interest on them - that's how much you'll pay if you can't pay it in full and/or you're late with payment. |
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Baseball inquisitive
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If you absolutely need a credit card go to Chase.com and they offer multiple options.
Advice:
Don't use credit to sustain your shopping or living need. It is a lose lose situation. Interest rates are racked up on the daily balance. They give you a minimum amount due, if you only pay the minimum, that awesome pair of boots you bought in 2006 will still be part of your debt when the new fashions come out in 2008.
Late charge:
If you don't pay your bill by the due date, you will be charged a late fee, this then gets charged interest. Then if you miss a payment, they send this to the credit agency and it will be noted on your credit report. If you have more than one credit card, they can charge up to 31% on all your credit card balances, doesn't matter if they are from different institutions.
Bottom Line:
If you can't afford it now, you can't afford it later. Live within your means. Credit cards are a scam. You will see so many promotions on college campus' because they know they are vulnerable, every time you apply it gets marked on your credit report. Don't get drawn in to the revolving credit world, you will probably never get out.
Be careful!
Good Luck |
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humanresourcesman
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The deal is whether or not YOU can pay it off each month. Don't revolve debt if you can help it, you will pay a lot of interest. Visa is well accepted almost everywhere. You can get a relatively low interest rate if you look for a card without any other perks like air miles, rebates, etc. Be careful and enjoy. |
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gormom
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You can probably get a credit card thru your bank. You might have to keep a minimum balance. Check it out. It couldn't hurt. At least a bank is more trust worthy than some of the scams out there in the world. |
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mitchell
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Im only 17 and ive already messed up my credit. take my advice and everyone else's. DONT GET A CREDIT CARD!!! only bad will come from it. |
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fla_dan
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Getting your first credit card can be challenging, especially if you have not established any kind of credit (which is like a catch twenty two). What you can do is go to your bank and ask for a pre-paid Visa or Mastercard or open a checking account with a debit card that doubles as a credit card - the only catch is that it pulls from your checking account - so no money, no credit and therefore no overspending.
What this will do is help you establish credit so when you apply for a conventional credit card, they will be able to find some credit history on your spending and payments. |
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tahj.
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if you have no credit, try going to chase.
http://www.chase.com
they specialize in great card deals, if approved, your credit line will most likely be $300, its not alot but its enough to start building credit. if you want a great department store card, go into your local Macy's, you can apply for thier card at any register, the best part, more times then not, they will approve you, especially with no credit, they start you out at $50 or $100, but hey, its helping you for the future. Good Luck.
sorry if i didnt help. |
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Steve R
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You would need a credit card if you buy airline tickets or rent a car. If it's just for buying things that you cannot afford anyway, then wait until you get a job. Normally you need income to get a card, but most companies figure that your parents will help pay your bills when you charge too much. If you like to shop, wait until you have the money to pay for it in cash. |
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David D
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Lots of info here. |
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Grannie
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I must agree with Uniforce65. The current financial set up of this country requires a background of credit to get decent finance options on any big ticket item you may want to purchase in the future. A credit card can be a great way to keep track of spending and learn to examine your budget. The BIG RULE should be, DO NOT charge more than you have in the bank to pay the bill. A card will give you, normally, 20 to 30 days after your purchase to continue earning interest on your money until you pay the bill. We obtained checking accounts for our children when they turned 15, both had scattered part time jobs and an allowance, then we guaranteed their first credit cards with our local bank when they turned 17, the only rule was the BIG ONE, no charging more than you already had accessible to pay off the charge. This not only helped to establish their credit but helped them see how much and what they were spending their money on. I personally put everything on my charge, one that has a cash back program, but I pay the balance in full each month, No interest and No late fees. If you aren't disciplined or are in a situation where it would be too tempting to charge what you don't have the cash for, wait for a bit. But if you know you can be strict with yourself and pay it in full each month, get one now. If you can't find one with a cash back or reward program now, get one with no annual fees and then check again in 6 to 9 months and see if you can qualify for one then. Most important BE HONEST with yourself and know you can and will pay it off each month before you take the wrong step and get in over your head. I'd suggest trying either citibank or chase first, unless you are already established with a local bank.Good Luck. |
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Snowth
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The only decent credit card is one that's cut in half. Don't do it!!!! It'll take you years and years to pay off. |
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The Drifter
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Don't get one. EVER! They always translate into debt in the long run, and you don't actually need credit anyway. (Believe it or not). Buying things you can't afford is a bad habit to get into. You don't need a credit card to buy things online, to rent a car, or do anything else. A debit card will do all that. You don't even need credit to get a mortgage if you find a lender that does underwriting. Anyone who says you need credit for anything just doesn't know how to live without it. It can be done. (Believe me). |
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