 Credit Cards? How do I get my own credit card? |
| Today I found out that my credit score is 770. The reasons why my credit score is high is because my parents co signed ro me to get a car loan. I also have a credit card but my parents also have the ... |
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 How can I get rid of $30,000 in debt easiest? |
| I owe 30k and absolutely do not want to file bankruptcy. I can afford to pay $900 per month but the balance just will not go down. They will not lower my interest rate either. I am skrued?... |
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 Medical bill - What happens if i just don't pay? |
| My wife went to the emergency room. We have insurance with a high co-pay. We own a home and don't plan on buying another one any time soon. We have enough cash to pay the bill, some in my ... |
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 How do I get my name off a co-signed car loan? |
| I co-signed on a car loan right before I separated from my husband and later divorced. He has a Ford Explorer of which he hasn't made the payment on for the last 4 1/2 months. No one will allow ... |
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 Will my bad credit affect my hubby's good credit when he tries to refinance his mortage? |
| I have bad credit, My hubby has great credit. He is looking to refinance a home he purchased before he got married to me and wants us to apply for a refinance loan together, I'm scared that this ... |
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 Debt - What should I do??? |
| I am a 21 year old college student with about 9000 in credit card debt. I lost my job for a while and fell way behind on all my bills - now I have collection agencies calling me all the time and ... |
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 My daughter-in-law took out credit cards in our names but refuses to confess, what do I do? |
| I have reported to the credit card companies but it's been seven months and nothing has happened yet. I told them it was her and we have reported it to the police but I still don't know ... |
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 Why the heck?! (Credit Report question)? |
| I have had a capital one card for years now, it only has a $500 limit w/ a high intrest rate and I have NEVER been late on it. After significantly improving my credit (years of work) I applied for ... |
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 Who should I go to refinance my house if my credit score is 535.? |
| my credit is 535 my first loan is 148000 and second for 42000 and I need to pay some credit cards for 12000 my house is worth 253000 and I make about 3000 a month. Do you know of any companies or ... |
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 How to apply for a credit card? |
ok... so i have a few questions about credit card....
1. what is the difference between a visa and a master card?
2. can i apply a credit/master card if i have no job?
... |
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 What happens if I stop paying my credit card entirely? |
No BS here
We're severly in debt after my wife quit work to have our children be a stay at home mom 5 years ago. I work 2 jobs but its not enought. She has few job skils at any rate
T... |
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 If you pay of a credit card, and then get a refund, what happens? |
| So I have a credit card with a fairly high APR with a $200 balance on it. If I pay it off completely, and then end up getting that money refunded to me, what happens to my account? does it make my ... |
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 Is it illegal to charge a consumer more more if he or she would prefer to use a visa/mastercard over cash? |
I work for a company who has independent contractors that are always trying to get our customers to pay with cash vs. credit. I am wondering if this practice is illegal.
Our company ... |
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 Could my wife be affected if i file bankruptcy? |
| We don't share any credit card and checking accounts, and the propety doesn't has my name on it.... |
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 Do I need a credit card? |
| I just graduated from a graduate program. I have never had an actual credit card, just a bank account with a credit/debit card. My BF told me I needed to get a credit card to establish my credit to ... |
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 Obama now wants to go after "predatory credit card" companies? |
| because they are the ones responsible for putting Americans into debt. In my opinion, Americans' lack of personal responsibility is what is getting them into debt. Keeping up with the Jones... |
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 Credit check for a job? |
| i have been offered a job pending a credit report on myself so i cant get excited about the job offer because i might not get it. Can anyone tell me what type of debt they look for? i have been late ... |
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opticalnoise | Why do Americans have so much credit card debt? |
I ask this because a few months ago I had about $1,500 in credit card debt at about 9% interest. I thought this was a lot. Then I read that the average American has credit card debt in the amounts of 2x-10x what I have here, and at double the interest rate.
Why are Americans willing to borrow so much? Does this correlate to the national savings average being a negative percent? And lastly, once everyone is totally broke and so far in debt that they can never pay it off, who is going to foot the bill in the end?
Additional Details
For the record, I am an American, living in America. I have no idea how anybody got the impression that I wasn't from America. |
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Chicken Boyâ„¢
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Because they like spendin mony they don't have. |
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jackpack
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porn industry |
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Hillbillies are...
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Americans are programmed from birth by the media/marketing/entertainment machine to believe that possessions are the source of happiness. Most Americans keep buying hoping to find happiness, but instead, like an addict, they find that when their last hit wears off it just makes them hungrier for the next.
And all the while, happiness is sitting right in front of them waiting for them to choose to have it. |
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echo
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And your country's economy is???? To only have 9% interest on credit cards. (I do admit that some people do have fairly low rates of interest on their cards here, but it's not the norm)
You seem to be basically in the same financial shape, in your country, as the Americans you are talking about.
You said it yourself - that you have a $1,500 credit card debt at 9% interest, then go on to say that Americans have 2x the debt at 2x the interest rate.
Sooooo, it sounds like if you were an American (or if your country had the same economy as America), you would have a debt of $3000 at an interest rate of 18%.
Or, if America had the same economic rate that your country seems to have, Americans would have a $1500 debt at 9% interest. |
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Virtuous
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because most people live beyond their means. |
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carol d
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don't know how to use restraint |
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imaspaceychic
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Impulse buying !!!!!!!!!!!!!!!!!!!!!!!! Spoiling their kids - living outside their means trying to " Keep up with the Jones" ETC............................ |
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elmjunburke
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Not Americans- - - - - SOME Americans. My balance is zero. |
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lily
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It doesn't help that the government urges us to go out and shop to "strengthen the American economy", or else we can consider ourselves un-American. C'mon, give me a break!
Not that I do this... |
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DollyLama
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Credit Card companies send mass mailings for offers constantly. It is so easy to obtain, that the poor Joe Shmuck, will apply to get instant cash, and be indebted forever.
The other credit card holders end up footing the bill in the end, reason why interest rates are no where near 9% on the average card, try 18 to 24%. |
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YahooizMine
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consumerism... TV... addiction to materialism |
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oldbuckhorn
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because people want everything NOW instead of waiting; they're leaving themselves open to a miserable retirement and old age |
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rav
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Because they do not know cash management how to take care of money they dont spend it wisely , and it is better not to have a crdit card because you pay atleast 5 % of what you spend in a daily transaction as if you carry cash you will not be charged interest. |
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