 Hi.I ran out of money because of job loss..i don't have a good credit and am here in usa on work visa..help me |
| Iam here in usa on a work visa and i ran out of money because of job loss as the company is not doing well.I don't have good credit and also i have certain medical bills and other things to ... |
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 Can i use my U.S.A credit card in INDIA , its a visa card ?? |
| or do i need to apply for any special credit cards which i can use both in INDIA and U.S.A..................... |
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| If so, how did you find it (was it useful) and was it easy to cancel after the 30 day trial?... |
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| My father gets it and wants a car but doesnt want to lose all of his allowance to get a car -even tho its a good scheme.... |
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 Which website is the best to get a free credit report from? |
| I know there are a lot of them out there but, I don't know which one is the best.... |
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 Help im soo young with thse credit cards? |
| k well im 16 and i have about 6 credit cards in my name saying im 18 when im rly only 16. my parents pay them 4 me and sometimes have me give them some money from the atm for them because they have ... |
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 Settling credit card debt? |
| Ive heard various radio commericals pertaining to this topic. I have alot of credit card debt well over 20k i would say; however, my credit is pretty good (timely payments, no overcharges, etc...) My ... |
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 Can I get an auto financed if I have a repossession? |
| I just had my car repoed, because they don't refinance, so I couldn't keep paying the high payment, if they could have worked with me then this would not have happened, I had a financial ... |
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 How long can someone keep a check for? |
if someone has a check, and hasn't had the time to cash it yet, how long can someone keep it for, before they aren't allowed to cash it?
Additional Details
I'm the one who ... |
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 I'm seeking advice on spending addiction - SERIOUS answers only, please? |
| I don't carry credit cards, but I have a bad habit of overspending my budget to the point that checks bounce and I wind up in a financial mess. I have even been suckered into those cash advance ... |
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| If an adult has no credit history, what's the best way to establish one? |
| My neighbor is 47 and has only paid cash for everything. She would like to have some kind of credit history.... |
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 Hey, I got an email that told me I won a lot of money, but now no one has responded? |
This is what the email said:
WE ARE PLEASED TO INFORM YOU TODAY 17th OF July 2008 THAT YOU HAVE JUST WON YOURSELF THE SUM OF 0ne million euro file number 623-880-1121.serial number 553442:Q... |
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 If I make one late rent payment to my apartment, will it hurt my credit? |
| My roommate's bank account got messed up with pending deposits and so our rent payment check bounced... we have the money to pay it (and the late fees) a week late, but the leasers have already ... |
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kg22 | Which looks worse on a credit report? |
Having open credit cards with no balance, or cancelling them before they expire? |
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SparkleHoops
|
cancelling your credit cards. Keeping them open means you still have a line of credit with them. Paying them off is even better, so if you don't have a balance it means you keep them paid off. Don't close them out. The longer you stay with a credit card company (that you are paying on the regular basis) the better! |
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Barry M
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Having an open credit card with no balance looks better. |
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Swabbie
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Cancelling multiple credit cards in a short period looks bad.
Having several zero balances does not look bad. that makes a low credit to balance ratio - which is good.
if you have 10,000 in open available credit, but are only using 1,000 of it, not a bad thing - use it all - a bad thing.
Opening multiple cards in a short period - bad
having LOTS of cards - bad
paying on time - good
Paying late - bad |
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Classy Granny
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Cancelling them |
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Try A
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DO NOT cancel your credit cards!!!!!! This will affect your score drastically. It’s best to have zero balance. I would charge about $10 or so to keep the card in use and increase score by having a good utilization rate. Since I only have 300 characters I can’t get deep into this. |
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Princess Deb
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I'm going to vote for cancelling credit cards looking worse. If you have open cards with no balance, that shows that you are/have been approved for credit and aren't charging them all up to the limit. If you close them, that just looks suspicious. |
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Michael M
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neither if you pay your bills that is the important thing |
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Proud Mommy
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It depends on what your future plans are. For instance, if you are going to apply for a mortgage and have a lot of credit cards with available balances on them, it can actually work against you (depending on your income). Although you may not owe anthing on them at the time of your mortgage application, the credit is still available to you. So in the mortgage lenders eyes, they could approve your loan then you could run up all your credit cards and not be able to make your payments. I've actually had a similar experience when purchasing a car.
There is no harm to your credit if you cancel credit cards. When you cancel an account it shows up on your credit report and reads "Account Closed at Request of Consumer". I can't think of any lender that would view this as a bad thing. You may not want to cancel them all at once, but I would consider which ones you want to keep and slowly close out the other accounts.
Delinquent payments lower your credit score, canceling cards will not. |
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SPIFIMAN1
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Do not cancel your cards, use them for everyday things be careful never to exceed 30% of your credit limit and pay in full before the due date and your score will continue to go up. |
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hmark
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Having open credit cards with no balance is definitely better looking on a credit report. Cancelling them will lower your credit score. Just find a place to put them away where you're not tempted to use them, and when they expire and send you an updated one, put them away also. Having it for unforeseen emergencies make better sense than tying up your credit. |
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itsjunglepat
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I'd say neither unless there is an excessive amount of credit cards open (say over 6) or excessive credit card requests. |
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MacMooreno
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Having a credit report in general is stupid. It's a measurement of debt. You're never going to win with a credit report. Try to imagine a student without a loan. A car without a payment. A house without a mortgage. All are possible! Just follow the baby steps. |
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