Closing a credit card account that is inactive? How much will it affect my credit report? March 8, 2010
Posted by Banking in : Credit , 5comments
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 , 6comments
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 , 4comments
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 , 3comments
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.
How can I get my credit card company to report account information? February 24, 2010
Posted by Banking in : Credit , 4comments
I got my credit report today and it shows that my total credit amount is $300 and I have $296 available. After further inspection I noticed that only one credit card had reported a credit limit/max balance and that all of my credit cards hadn’t been reported since April. Is there an effective way to contact the credit card companies and get them to report accurate and up to date information to the credit bureaus? I feel that this issue is affecting my credit score, so I would like to fix this.
Thanks in advance.Submited by:awill110
Help with fixing credit so I can buy a home? February 24, 2010
Posted by Banking in : Credit , 6commentstxspeed5 asked:
I recently spoke with Texas Lending.com to find out if my husband and i qualify for a home based on our credit and if not what do we need to do to be ready within 6-9 mos. She stated our credit score was less than 500 and she could not help us. My question is by paying off doctor bills on credit report raise our credit score? Does anyone know any mortgage companies that handle high risk credit? Any advice on getting your credit score raised would be very appreciated!