 What are Charge-Off's? |
I keep reading people mentioning charge-off's? Some sort of bankruptcy?
Just learning something new everyday ;0
Thanks.... |
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 Im 18 and i want a credit card, how do i get one? |
| and which one is the best? also do i need a JOB?... |
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 What does the k mean after numbers? |
| I know this probably sounds REALLY dumb but what does like 20k and stuff mean?... |
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 Can Creditors Take My Benefits and Assets? |
I'm aware that creditors can place lawsuits for not paying them, they can also garnish paychecks in an attempt to recover the debt.
But can the creditors seize homes or cars that have been ... |
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 How can I get a collection agency to agree to take a item off my credit report? |
| I am trying to get my credit in better shape so that I can buy a house. I made deals with a couple of collection agencies. I told them I would pay in full if they would agree to take the items off of ... |
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 I need help with my debt consolidation.? |
| I recently got married, so now we have his credit card with a large balance, my credit cards (2) have all the wedding expenses on them, and we other misc. cards for smaller amounts. The total amount ... |
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| I replied to a pop up: 06/05/07..You have won a free vacation good for 1 year from Summer Bay Resorts. at 888-782-9847 FL . Since our group of Landsailers sail 2x per year at Ivanpah Lake, Primm in N... |
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 How can you get a loan for a business with poor credit? Is there any help? |
I am interested in opening my own child care center but my credit is not so good. I don't need much.
Additional Details
I have been in child care for 13 years. I have managed a ... |
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 How should I use my credit card? |
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 Credit card debt/ credit score? |
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| Dept management plans? |
| Has anyone been on a dept management plan ? How do they work ? And how does it affect your credit? ... |
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 How to handle credit card debt the best way possible??? |
| Okay, here's my situation: I have 7k I put on a 0apr till 08-08 but my husband's is out of control. He has three cards totalling 22k alone. One is at 4% that has the highest balance the ... |
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 No Credit history and looking for a credit card to build credit history!! |
| I have been searching for a credit card for a long time now that would let me build my credit. But the problem is that I have no credit history(unestablished). My husband and I have decided that a ... |
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 Just opened a macys card and got a question? |
| Hi, I turned 18 on September 16th and opened a student credit card issued by citi, and then the other day I went shopping, and saw with a macys card u get good discounts...was that a good idea on my ... |
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| I am 18 and employed with a bank account and debit card. I want to have a credit future so I can have some credit history! Please help me..... |
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 Why won't my auto loan get refinanced? |
| I have a loan through Chase bank. We have paid the loan payments and added a bit to each payment to pay down the principal. I have had the loan for 10 mos. at 18%. My credit was terrible when we were ... |
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Susan S | Will removing my ex-husband's credit card from my credit report make my score go down? |
My credit report still erroneously show me as married and shows a new credit card (which I've never had access to or knowledge of) belonging to my ex-husband where he's carrying a balance at about 50% of the card's limit. I have one credit card which pulls directly from my bank account so I never carry a balance. I'd heard that credit scores are actually lower on people like me who have no debts. I'm trying to get a mortgage soon and I want to know if my credit score will go up or down by removing my ex-husband's credit card from my report.
Additional Details
The report shows my status as married. My ex-husband lives in another state and two of the three reporting agencys list his last three addresses as mine, as well as correctly listing my current address. |
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Michael R
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It could make your score go up a bit. It looks better to use less than 50% of your total credit lines. Since you have more credit lines without a balance it probably wont increase your score if you remove it.
However, when applying for a mortgage they will take that monthly minimum in account when determining your ability to repay. Which would allow you to take a smaller loan.
If you didnt know about the credit line call the credit card company. Explain your situation. They will either take you off (if you were an autherized user) or you would have to take further legal action if it is in case opened frauduelently.
Good luck. |
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Beverly S
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Your husbands credit card would not be on your credit unless you are either on the card jointly with him, or as an authorized user. The credit bureau is not going to remove it just because you are divorced. Whether it raises or lowers your score depends on if you have other credit, how much etc. If you only have 1 card & no balance you are not going to have a credit score at all. You will have problems getting a mortgage with no score. I would suggest calling the credit card in question & finding out the status (whether he listed you as joint card holder or authorized user). Keep an eye on it regardless - you can also ask the card holder to remove you but you are responsible for any debt up till they do it. |
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bdancer222
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If you are an authorized user on that account, it isn't impacting your score at all. If you are joint on that account, you definitely want to be removed as you are held liable for that account. Carrying balances of more than 30% of the available limit hurts your score.
Contact that credit card company by certified, return receipt letter. Indicate that you want your name removed from the account as your ex put you on the account without your knowledge or consent. |
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Janice T
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Dont care about your score just need to get his information seperated from yours. |
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Leah
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Does that one card you have, have a high credit limit? If not then you would be considered "new credit" and it would make it difficult for you to get a mortgage any way. Financial institutions need to see that you can handle large debt(such as car loans, student loans) in a good manner. I have 4 cards which I pay on time, students loans, and car loan and am still considered "new credit".
As an authorized user theoretically his debt should not effect your score however it has happened to me. I was placed as an authorized user on my boyfriends card a several years ago just because he had a tendency to forget his wallet at times. Well he defaulted on his payments on this card about 2 years after getting it and MY credit score went down and also this was marked as delinquent on my credit report. I had to talk to the bank and the credit bureaus before they would remove it from my credit history. Its a safer bet to have it removed from your credit report in my opinion from what I hear anything more than 30% doesn't help your score. |
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Steveo
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Of course. Send all the credit bureau's a copy of your divorce, and the decree which will show that all his debt's are his and not being shared. In addition, contact the credit card company and demand that your name be removed from his credit card account, and then have them contact the credit bureaus as well. This should clean up the mess, but it may take a least a month for this to go through, as it will take time for the letter to be processed.
See if they have a fax that you can send the letter to, as this will speed up the delivery time. |
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Hey U, Yeah U..Get over here
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no...AND it sounds like he may have opened the card using your name w/o your permission which would be fraud. so you could report him to the IRS |
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