How and why is my credit card affected when I open and close a credit card? March 18, 2010
Posted by Banking in : Credit , add a comment
Is it better to close down this new card or keep it open with a zero balance? How does opening and closing account affect my credit score?
By: Double Negative
About the Author:
Homeowner insurance companies that will insure people with bad credit? March 17, 2010
Posted by Banking in : Insurance , add a comment
My husband and I live in Central NY and have bad credit due to running up credit cards while unemployed. My husband inherited a house and we are trying to obtain insurance on it- however, 4 companies have turned us down due to our credit situation. Do any insurance companies have a heart anymore? Does anyone know of any companies that won’t turn us down?
Furthermore, how does a bad financial situation equal an irresponsible homeowner?
What is a bank account called that is used for an organization? March 17, 2010
Posted by Banking in : Other - Business & Finance , add a commentmobwars29 asked:
I’m wondering what a bank account is called that is run by several people. That has a sort of check and balances effect so that one person doesn’t have all the power. Can anyone help me?
CDs with Navy Federal Credit union a good idea right now? March 14, 2010
Posted by Banking in : Personal Finance , 1 comment so far
By: Tibbs
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What is the best credit card to get for a college student? March 12, 2010
Posted by Banking in : Credit , 4commentsRose asked:
I would like to know which credit card is best since I am a college student. Some people tell me it’s “Capital One” other say that’s the worst since they get unknown charges, others say that the credit card from your bank is better. So which credit card has been best for you guys??? This is my first time getting a credit card (in which I hate them’ cause u get addicted to it) so I have no idea of which 1 to get.
What business credit cards are not attached to my personal credit? March 12, 2010
Posted by Banking in : Small Business , 3comments
Hello, I am trying to find out how to build my business credit without being attached to my personal credit score. I would like to know if anybody has information regarding what credit cards are available to do this. I would love any free information or links to sites that can tell me how to build my business credit. Thanks!!Submited by:Erick R
What is the difference between a bank and a credit union? March 11, 2010
Posted by Banking in : Investing , 3comments
I thought a credit union was a type of bank to serve a particular subset of people. What is the difference?Submited by:83 Ate Three
How long does a closed bank account take to report to ChexSystems? March 9, 2010
Posted by Banking in : Credit , 3comments
Due to a job loss I got in a desperate situation and took advantage of my bank’s courtesy overdraft protection..it overdrew the account big-time and I was not able to pay all of it back in time. The bank closed and charged off my account. This bank uses ChexSystems, so how long does it take the bank to report the account?
What is a good credit score and how to improve it? March 9, 2010
Posted by Banking in : Credit , 6commentscornerblitz13 asked:
Sorry, multiple part question: What is the highest credit score possible and what is the lowest possible? What can you do to improve it? And the myth that using your ATM Debit card as credit can actually improve your credit score, is it true?
What banks will let you use a credit card for the opening deposit when you open a savings account? March 9, 2010
Posted by Banking in : Personal Finance , 5comments
I want to open a savings account for about $700 and charge the opening deposit to a credit card. The credit card gets points, which would be good for a gift card if I had about 700 more. I want to close the credit card account, but only after I get enough points, to not waste the points I already have. I’m going to open a savings account anyway, so I figure I might as well get those 700 points from it. In any case, the savings account should pay high interest and should allow transactions between banks online.
For example, Bank of America will let you open a checking account online, and use a credit card to fund it. The credit card transaction will be a purchase, not a cash advance. But I want to know what other banks will do that, and which of them will do it for savings accounts.Submited by:Dilbert