 Question about credit card debt? |
Like many Americans these days I am having trouble paying my credit card debt.
The balance is $8,000 and I am having trouble making the monthly payments.
What is the best course ... |
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 Credit Card Advice? |
I'm 18 years old and beginning as a freshman in college in the fall..
Is there anyone out there that could recommend a hassle free good first credit card.
I just want to start ... |
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 Does it hurt my credit score to pay on my credit card more that 1 time every month? |
| I try to keep a zero balance. So, when I make a charge I pay it online usually the next day. Is this bad? Should I wait until the end of the month? --Thank You!... |
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 Is there a website I can go to see all my outstanding debt? |
| I think I did this once but I can't really remember. Is there a (safe) website where I can input my information and see how much I owe and to who? I think I have most of it taken care of already ... |
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 What is the best way to consolidate debt without using a line of credit? |
| I have only one negitive on my credit report, 90 day late payment on a student loan from 2003. The loan has been payed in full for over a year now. But, I am unable to get a line of credit to ... |
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 My cousin has been trying to get a credit card for the past few months, only to get rejected....? |
| She has no credit history, so its not bad credit nor is it good credit. What is the best way she can obtain a credit card, where can build on her credit? I remember when I was in college, they had ... |
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 I am in debt, should I ignore those creditor and collection calls; file bankruptcy; or try to repay the debt? |
| I am a 24 year old in California that is currently unemployed. I am a full-time student and have less than $1,000 coming in every month. I have around $15-$20k in unsecured credit card debts that I ... |
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 What is the best company/solution to consolidate my credit card debt with? |
| If I do not have a perfect credit score and I am past due in some credit cards what is the best company to consolidate debt with so I can make one payment?... |
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 How good does your credit score have to be...? |
| to get a $30,000 unsecured credit cosolidation loan with a decent interest rate? I dont want to start applying for loans if I dont have a chance.... |
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 What other things might stop me from obtaining a credit card? |
I'm both upset and confused.
My credit score isn't bad.
I've not lost a days work in 8 years.
I'm pensioned from the military.
I own my own home.
I can... |
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 My friend just turned 18 and wants to know how to get her own credit. how can she get her own credit? |
she wants to know how to get her own credit so she can get a new/used car and credit cards and such.
Additional Details
besides just getting a job ... |
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 Can Creditor remove derogatory information from credit report if you make a deal with them to pay the balance? |
| I have an old balance not payed on an acount listed on my credit report. I'm willing to pay it only if the creditor will totally remove the derogatory information from my report. Is this even ... |
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 How can i build up credit? can i get a credit card? |
| i started my credit with my cellphone but i've only had it for 6 months now and me and my husband are looking forward to buy a house but no one won't even rent us an apartment i was ... |
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 I have no credit and want a credit card but don't want to have to prepay for one. Know of one who'll accept me |
| I've tried capital one and they didn't approve me. I tried orchard bank and they wanted me to prepay for one. I don't want to do that. Know of one that will approve me and is actually ... |
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 How do I stop my mom from giving me bad credit? |
| She's been using my ssn to open accounts, and I don't think she's been paying any of the bills! I just got a letter from Sprint(in my name) and I remember we had Sprint a while back, ... |
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 Should i get my daughter a a visa card? |
| my daughter receives an allowance of ten dollars every 15 days and she either cant keep track of it or spends it as soon as she gets it. this happened with my other daughter so i got her a visa card ... |
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 What decision do I do with a money decision? |
| I am getting a good deal of money soon and I want to put it on a credit card bill and get rid of that bill and it would illiminate a 50 charge of interest a month. My fiancee' wants me to pay ... |
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mikewrock | With respect to credit card debt, whats wrong with transferring balances to a 0% card that has no xsfer fees? |
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jon
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There's absolutely nothing wrong with it.
Just pay yours off transferring the balance to it, then while you are paying no interests, pay off as much as you can.
more info and resources here
http://credit---card.org/
take care |
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mck_23_l
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nothing it's smart, your borrowing for free as long as you pay the balance before the offer expires. |
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J M
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Nothing is wrong with it as long as its paid off before the 0% becomes a variable rate. Usually 0% is only for 1 year from transfer. If you don't pay off entire balance before temp rate is up you will have to deal with very high rates. Sometimes as high as 26 - 45% and thoes rates will bury you in debt. |
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smile
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worked wekk for me once with 2k transferred and paid it down before the year grace period. so long as you don't run up both cards you're straight. |
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dolly blaine
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Nothing wrong! Credit card balance transfer is one of the preferred ways to get rid of credit card debt and is used by many people to get immediate relief. Credit card balance transfer essentially means that we transfer our outstanding balances from a high APR credit card to a credit card which offers low APR's. A 0% Intro APR credit card is the preferred credit card to transfer balances, but because of the widespread misuse of such credit card offers, credit card companies have withdrawn all such offers.
Indeed balance transfer saves a lot of money and can save things from going worse, but many people simply don't know the right way to do balance transfer. This article takes a look at the correct process to initiate and complete the balance transfer. Read more from: http://www.credit-card-gallery.com/article/414,The_right_way_to_credit_card_balance_transfers |
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john5916
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I think that it can be safe to say that it is a great method of getting a free loan, but be careful of what happens when that 0% rate ends. Credit Card companies rarely offer you something for free without having a catch at the end. Make sure that if you don't pay off the entire amount that there aren't any fee's, hugh interest rates, or other types of catches that could put you in a worse situation. |
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srmainman
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Nothing. It can be used to the consumers advantage, if it is done wisely. Just remember, most cards offer a time period when offering 0% or no transfer fee. Compare interest rates AFTER the expiration, if you are not going to be able to pay off the balance within that time period. If the interest rate is lower afterwards, it is STILL a good deal. All this also depends on which (if either) charges an annual fee. |
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Andrea B
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There is nothing wrong with that. It is a great way for you to get that debt reduced while you aren't paying any interest. |
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Top Cat
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you should check with the credit card company to see if you can even do that (are allowed by their rules) |
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