How long does a closed bank account take to report to ChexSystems? March 9, 2010
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kab1234 asked:
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?
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 , add a commentcornerblitz13 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?
Closing a credit card account that is inactive? How much will it affect my credit report? March 8, 2010
Posted by Banking in : Credit , 1 comment so far
I’ve had this account for about two years, and I haven’t used it in a long time, and I’m thinking of closing it but I don’t know how it would affect my credit report. This is a secure credit card, with only a $300 limit. I have two other credit cards that I use a lot more often and I’ve been very responsible about paying bills on time.Submited by:jenahfah
What is the best credit card to apply for for the first time? March 8, 2010
Posted by Banking in : Credit , 2comments
flori0009 asked:
I have years of excellent on-time rental history, however I have no credit because I’ve never been in debt (always pay bills on time) go figure. I was wondering which credit cards I could apply for, for the first time. Wal-Mart Credit card rejected me because I have no credit, and I’m just looking for something small so I can put things on the card and pay them off quickly to establish some sort of credit. Any suggestions?
I have years of excellent on-time rental history, however I have no credit because I’ve never been in debt (always pay bills on time) go figure. I was wondering which credit cards I could apply for, for the first time. Wal-Mart Credit card rejected me because I have no credit, and I’m just looking for something small so I can put things on the card and pay them off quickly to establish some sort of credit. Any suggestions?
Is having a lot of credit cards, but only using them sparingly, bad for your credit? March 6, 2010
Posted by Banking in : Credit , 2comments
I’ve opened a few credit cards lately, but don’t plan on using them, only for emergencies. Will just having 4 or 5 credit cars available for my use somehow hurt my credit score, or credit in general for future loans I might want?Submited by:Doug G
What credit cards allow you to add an Authorized User WITHOUT requiring their social security number? March 4, 2010
Posted by Banking in : Credit , 2comments
Richard asked:
Both personal and small business credit cards would be helpful. Thanks!
I know through personal experience that American Express DOES require a SS# when adding additional cardholders (at least for personal cards), and that Advanta does NOT require a SS# when adding additional cardholders.
Both personal and small business credit cards would be helpful. Thanks!
I know through personal experience that American Express DOES require a SS# when adding additional cardholders (at least for personal cards), and that Advanta does NOT require a SS# when adding additional cardholders.
Personal experience with additional issuers would be helpful.
Please provide specific credit card issuers. Thanks!
How to write a letter to a bank to get the credit card? March 3, 2010
Posted by Banking in : Credit , 1 comment so far
I want to write a letter to a bank (as a manager) to issue the credit bank to my staff… HowSubmited by:Veeru D
Bank Credit? March 1, 2010
Posted by Banking in : Credit , 1 comment so far
dsd97008 asked:
When a person uses their debit card, it comes out of the bank right away. Say, for instance, you are overcharged and the clerk immediately does a credit, why does it take 2 or 3 days before the credit shows up in your bank account? Seems to me the credit hits the bank as fast as a debit.
When a person uses their debit card, it comes out of the bank right away. Say, for instance, you are overcharged and the clerk immediately does a credit, why does it take 2 or 3 days before the credit shows up in your bank account? Seems to me the credit hits the bank as fast as a debit.
Are there any loan programs for up-starts with a med.-high risk? February 27, 2010
Posted by Banking in : Credit , 4comments
SYNERGYED asked:
I opened a Marketing & Consulting firm about 2 months ago & my current credit is no too good due to an auto accident I had a couple of years ago & my claim is still pending.Are there any programs that specialize in high risk loans for new companies?
I opened a Marketing & Consulting firm about 2 months ago & my current credit is no too good due to an auto accident I had a couple of years ago & my claim is still pending.Are there any programs that specialize in high risk loans for new companies?
My credit card balance is over 50%. How long will it take my credit score to go back up? February 26, 2010
Posted by Banking in : Credit , 3comments
Casey asked:
Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I’m over 50% of the balance, and I just learned that’s bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks.
Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I’m over 50% of the balance, and I just learned that’s bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks.