 Can 17 yr. old's own a debit card? |
| I want a debit card or at least a credit card but I can not find any business that would give a person my age a card. Is there any, if so what bank?... |
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 Why i was rejected for credit card? |
| i turned 18 in december so i should have credit right? but they've told me im rejected because of a bad credit score i havnt got anything that could effect it except internet but thats always ... |
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 What is the best way to get out of debt? |
| My mum is in a lot of debt, I've been making the payments for the last year but I can't do it any more. She can't work due to a disability she's had for 20 years, so is on ... |
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 I am 15, and i want to learn about credit cards,can someone teach me? |
i just want to know do you have to have one when you get older?
are they bad to have?
and how do they work?... |
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 Should I take out payment protection on my unsecured personal loan? |
| I am taking out a personal loan over 3 years, and have been offered payment protection which will cost almst ÂŁ50 per month. I am in a very secure job (virtually no risk of redundancy) with good ... |
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 I just got a credit card? |
| I just got a platinum credit card, with a 10,000 dollar spending limit. If i spend all the money in one day will i have to pay back 10,000 in one payment or will i have to pay payments like 500 a ... |
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 Have i been accepted for a credit card??? |
| i applyed for a capitalone credit card about a week ago and i got a letter today to say " congratulations you've been accepted" i just ave to sign the the agreement papers and send ... |
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 Will anyone love me if I'm poor? |
| I am 22 years old, almost 23, never kissed, never dated, and now I'm facing being sued for money and having my wages garnished. Will anyone ever want to be with me, knowing that I have all this ... |
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 Is it true if you quit paying your credit cards in 7 years the debt will be erased? |
| I just heard that if you cant pay on your credit cards anymore that after 7 years it will disappear from your credit report, kind of like a bankruptcy.... |
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 Have you ever been charged for going over your overdraft limit at your bank? |
| The Sunday Times this morning has an article about how the banks are repaying their illegal charges imposed on customers who have gone over their agreed overdraft limit.... for up to the last 6 years.... |
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 My credit score is 500 and i need 10000.00 to pay a debt ,any suggestions other than parents or equity loan? |
| i was unemployed for 15 months and a friend loaned me 10000.00 to keep me going . I am back at work but i need to pay back this debt and now my credit sucks because both my wife and i were unemployed.... |
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 If you pay the min. pmt on your credit card but not the entire amt due, does that affect your credit score? |
| Let's say, for instance, I have $100 due at month's end, and a $15 minimum payment. If I decided to pay off the $15 and defer the rest until next month (with interest I suppose, though I ... |
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 How can I stop collection agencies to stop calling me? |
| I had a financial crisis a couple years ago when I lost my job, but am working now. I had a couple debts go into collections and they are calling me 10 times a day.... |
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 Do u think this is a scam? |
| this guy says he will loan u 50,000 dollars in 24hrs it will be transferd to ur account if u western union him 269.00 to cover the insurance fees? no credit check nothing like that just wants ur ... |
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 10 points for best answer please help!!!!? |
| I got my paycheck its not big because i dont work many hours because i go to school. My paycheck was 325 deposit i had an overdraft of 110 which i believe is wrong because when i went to pull out $ ... |
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 I DON'T believe it! Barclaycard has reduced my limit! Why? |
| Because I pay it off in full every month. Because I have quite a lot of money in my savings account [Yes, I know I'm lucky] and pay all my bills on time, in cash, don't have a cheque book ... |
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iceberg | Who is to say my credit is not good enough? |
All my life I have paid for anything i need in cash. Now that I want to build my credit no one will give me a chance because my score is not high enough. Who's to say that I am not a decient enough human to pay my bills, when I have gone this far in life without accumilating such. How do I build credit if no one is willing to give me a chance. |
 |
 
thepenismightier
 |
Start by buying something on credit from a department store or local furniture store. Or with a gas station chain. After 6 months the pre-approved MasterCard and Visa applications will come flooding in. |
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write2kimberlymueller
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Credit worthiness is based upon factors that prove you not only can afford to pay monthly for what you purchase on credit but that you actually will write a check.
Paying cash has nothing to do with proving you are a good person or decient. It means you live within your means - responsible, yes - a credit risk - not necessarily since you have not demonstrated a history to prove you will continue to pay for things you now have in your possession - ie credit...
TV Example...
People who want a tv and save money to buy it save until they purchase it and decide whether or not they want to go to pizza this weekend or get the tv.
People with good credit, get the tv and dont spend other money unless they have made their payment on the tv
People with bad credit, get the tv and do not pay the payments on time.
People with no credit (you) could either pay or not pay. It is a big risk. You could get the tv and pay like clockwork or you could get the tv and not pay.
Noone knows with no credit history to base their guess on. Since the goal to get the tv is achieved, is the willingness to pay for it still there? That is the question.
Get a bank secured card (find a bank who offers them with no fee). Tie it to your checking account with an automatic payment set up to make sure it could never have a late payment. Buy the tv and pay for it. Instant credit history with your bank. It will take 3-4 months to get on the credit bureau. |
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vijay v
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it can be say by any loan department from where u want to take loan
it is based on your previous record
so make strong ur previous records
http://instacash.cjb.net/ |
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Trisha O
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You can start with a secured credit card, thats one thats a little like a debit card but its your money up front make a charge pay it and in as little as 6 months your score will rise. Visit Truecredit.com and see if there is anything negative on your report, dispute it if there is, and try an appliance store to see if you can get credit through them. |
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STEVEN F
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No one is claiming you won't pay your bills. They are pointing out they have no way of knowing you will. You could try asking utility companies to report your payment history. I don't know if they will, but you lose nothing by asking. If you own a car or other significant asset, you could get a loan secured by it to establish a credit history. A secured credit card is also an option. As long as you pay it of every month, use it for everything you can. |
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Studly
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I know what you are going through.
In 1973 (I was 18) I had a very good job. Bought everything in case, including a new car. A few years later I had saved enough to buy a home. Planned on putting down $10k (about 15%) and still had money for furniture and set up costs.
I got turned down or my mortgage.
Reason: No credit history. I had to talk to the head mortgage officer and plead my case to him before they were convinced. That may be what you need to do.
Lesson Learned: Start building your credit as early as possible (even at age 15). Borrow often and pay your bills on time. |
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marklemoore
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It isn't about your ability to pay your bills in itself, it's about you being able to pay them on credit. If you pay by cash all of the time and pay off your bills without acquiring debt, then that doesn't show how you handle paying your bills when you have acquired debt.
Think of it as you saying that you are a good driver because you've never been in an accident. Well, if you've only ever driven on paved roads in dry weather, then your driving record gives no indication of how well you might drive if the roads weren't paved, or if they were wet or icy or whatnot. |
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It's been a while...........
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Unfortunately you need to get credit in order to build a credit history. Here are a few options in building credit:
1) Try www.orchardbank.com or www.capitalone.com and apply for their credit cards. They are pretty good at helping establish credit with a low limit credit card.
2) Open a secured Visa or MasterCard or line of credit with your bank or credit union. This will allow you to establish credit based on the money you already have.
3) Ask someone to help you by co-signing on a small loan or credit card. |
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Sativa
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Apply for a credit card, or a small bank loan. Most department stores will give a card to just about anyone. Use it, pay your bills and your score will increase over time. I doubt you have horrible credit, so try to stay away from any card that requires you to pay them up front or put down a deposit. Only use those as a last resort.
I agree it's a total racket. If you aren't in debt enough, your credit is bad and if you have too much debt, then you also have bad credit. Having savings accounts, etc, also affect your score to a minor degree, so also consider opening one if you haven't already. |
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pixles
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That happened to me too. I never wanted to have a credit card because I didn't want to owe money. I finally got one after so many years and I was happy at first...and had them all paid up for ten years...
Then I had a predicament with homeowners insurance and had to pay for the bulk of my bill when I had a couple of leaks within a year....
I slowly started getting in debt....... and then I had health problems..and employment problems, now I'm in a mess.
They were always tempting me with credit cards and I finally gave in...and...
The thing is.....there great if you already have a lot of money..and just need one cause you don't want to carry around cash, or write out checks all the time.....but that is it...
When we bought our house in the eighties they actually wanted us to purchase a credit card to get the house...so I got a store credit card...that way I would get good credit.
The world is so hypocritical nowadays...one side is telling you to do something this way...and then someone else tells you to do it that way.....
You could start with a credit card in a store you go to frequently...try to pay it up each time the bill comes...do this for a while and you will earn your good credit...Just pray nothing horrible happens.. |
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RousseSantini
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Why don't you just get a credit card, and buy simple things not over 300 or less. Pay back within the first 6 months and this will help you raise you credit score. |
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kurticus1024
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the credit thing is complex
mostly if need to borrow money you can't get any
if you don't need it, then you can borrow as much as you want
they want to see you pay interest
maybe best to pay cash for everything and keep doing that |
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margarita
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Get a credit card and go from there. That is what I did when I first started to establish credit. |
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dukalink6000
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You start small by getting a credit card and using it, paying it off in a timely manner (Let me recommend Capitol 1).
then, as you get a track record established, the rest will follow |
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mikah_smiles
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Yeah, that sucks. Do what I do. Apply for a credit card, buy one item a month and pay it off right away. Usually I buy groceries or something I knew I would be buying anyway. |
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Josh H
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that sucks |
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Kevin K
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It is very easy to get started, you just have to know where to look! In order to build good credit, you need to start building a good history. You need to partner with companies that will report to all three (3) credit bureaus, but won’t pull your credit. Crown Jewelers is a great company that will give you a small credit line and report to all three (3) credit bureaus. Easy approval.
http://www.crownjewelers.com/
Second, open a secured credit card. New Millenium Bank is an excellent choice. They won’t check your credit and report to all three (3) credit bureaus. You can even pay your bill online.
http://www.nmbonline.com/
Revolving trade-lines are highly weighted in credit scoring, so keep your balance –to- credit limit ratio low. Never miss a payment. Before you know it you will be on your way to better credit. |
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jonas torregrec
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get a credit application from a collee
those ones always give you credit |
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Malefacent
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you are the one who says your credit is not good by getting credit somewhere or a credit card then purchases made and paid of in a timley manner raise or lower your score . The best place to start is having a bank account and after having it for 3 months get a cash advance of like $50.00 or $100.00 . When yo upay that off then get around 2 or 3 more . The first place to go after that is either Drive Time for a car or Conn's for a big screen |
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Renee W
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If the credit company says you're credit is not good enough, then to THEM it is not good enough. Try http://www.creditcards.com and see if you can find the card that fits your needs. Or go to http://www.chase.com and http://www.discovercard.com and see if they fit your needs. I have cards with Chase and Discover and they are great companies. I would never go with any other companies. Good Luck! |
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Random Precision
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The credit rating system is a racket, and it is one of the few areas where maybe the government ought to be more involved. |
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goldlust74
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its a crazy world. |
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