What credit cards are good to start credit with for first timers?
Tuesday, January 13th, 2009 at
12:02 pm
Comments (2)
How to pay off credit cards enrolled in a debt management program?
Monday, January 12th, 2009 at
2:43 am
Rachel asked:
I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off faster with a lower payment each month. Should I pay the cards directly or go through the credit counseling service? Which is better for my credit score?
http://creditcardsandchecks.com
I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off faster with a lower payment each month. Should I pay the cards directly or go through the credit counseling service? Which is better for my credit score?
http://creditcardsandchecks.com
does it hurt your credit to close out long standing credit cards in good standing? If so why?
Saturday, January 10th, 2009 at
7:04 am
Ms. Kitty asked:
I was going to consolidate two credit card onto a new lower interest card and cancel the old cards. However, I was informed that closing the old cards would not look favorably on my credit report. I thought this was strange as good credit reflects on your credit report for 10 years and keepin the old card open whould make your debt ratio higher. Can someone explain this to me?
http://creditcardsandchecks.com
I was going to consolidate two credit card onto a new lower interest card and cancel the old cards. However, I was informed that closing the old cards would not look favorably on my credit report. I thought this was strange as good credit reflects on your credit report for 10 years and keepin the old card open whould make your debt ratio higher. Can someone explain this to me?
http://creditcardsandchecks.com
What will happen to my credit cards if my home is foreclosed?
Friday, January 9th, 2009 at
4:16 pm
triguyinla asked:
I have over $100,000 in credit on my 7 or 8 credit cards, all with a 0 balance. I am facing foreclosure in a few months. Will the banks cancel my credit cards once I get a foreclosure on my credit? Should I just max out all my credit cards with no intention to pay them?
http://creditcardsandchecks.com
I have over $100,000 in credit on my 7 or 8 credit cards, all with a 0 balance. I am facing foreclosure in a few months. Will the banks cancel my credit cards once I get a foreclosure on my credit? Should I just max out all my credit cards with no intention to pay them?
http://creditcardsandchecks.com
How do I switch credit cards and not affect my credit score?
Friday, January 9th, 2009 at
11:17 am
msc44 asked:
I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?
http://creditcardsandchecks.com
I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?
http://creditcardsandchecks.com
What are some names of credit cards that have high credit limits?
Friday, January 9th, 2009 at
6:36 am
sb0983 asked:
What are some name of credit cards that have high credit limits? Are there any credit cards that have a $100000.00 credit limit?
http://creditcardsandchecks.com
What are some name of credit cards that have high credit limits? Are there any credit cards that have a $100000.00 credit limit?
http://creditcardsandchecks.com
What is the difference between personal credit cards and business credit cards?
Tuesday, January 6th, 2009 at
11:34 pm
cindasl asked:
I have a few personal credit cards and I want to consolidate them. I am also self-employed, but I dont’ have a business credit card; although I get LOTS of ads for them in the mail. I’ve always wondered, what is the difference? Are there different rules or fees? Can you only use them for business purchases? Do you have to spend a certain amount to keep them?
I have a few personal credit cards and I want to consolidate them. I am also self-employed, but I dont’ have a business credit card; although I get LOTS of ads for them in the mail. I’ve always wondered, what is the difference? Are there different rules or fees? Can you only use them for business purchases? Do you have to spend a certain amount to keep them?
Any advice appreciated…
http://creditcardsandchecks.com
What is the purpose of student credit cards?
Tuesday, January 6th, 2009 at
10:01 pm
starfishblues asked:
I mean, I understand the concept of building credit and everything, but what is the point of student credit cards? What is the purpose? I’m sorry if this is a silly question, but I don’t really get it.
I mean, I understand the concept of building credit and everything, but what is the point of student credit cards? What is the purpose? I’m sorry if this is a silly question, but I don’t really get it.
And can you trade them in after you’re no longer a student for a “real” credit card? Do people just keep them forever? I always thought closing accounts lowered your credit score?
http://creditcardsandchecks.com
How many credit cards is too much to affect your credit score?
Tuesday, January 6th, 2009 at
10:48 am
ronnin72 asked:
I am going to ask another question regarding which CC should I add to my credit card profile to add to my rewards. I have excellent credit, pay my balance in full each month, and I use my CC to pay for everything I can to rack up points/miles etc.
I am going to ask another question regarding which CC should I add to my credit card profile to add to my rewards. I have excellent credit, pay my balance in full each month, and I use my CC to pay for everything I can to rack up points/miles etc.
I am at a point where I want to increase my points and miles so there are some options. The question is, what is too much. I basically share a VISA with my wife, and have an older VISA that i keep. I realize that you should keep older credit cards for history. I want to add at least one AM/EX either the Starwood points, or the Delta Miles. I also might switch our Cap1 card to the signature to get 2 points for every $1 spent, instead of 1.25 for $1. That is a new card, not a switch. And recently, I have received letters for UNITED miles (20,000 bonus) and AA Miles (21,000 Bonus). I would love to use those just to add to my miles on those flights. Could I add 3-4 cards without hurting my excellent credit? I will not rack up debt.
http://creditcardsandchecks.com
How many credit cards should I have open for a good credit score?
Sunday, January 4th, 2009 at
9:12 pm
tgent2k1 asked:
I have 4 credit cards (limits are 1000, 3300, and two 500s) and was considering getting rid of one 500 credit card. Should I pay the whole thing off and KEEP it or GET RID of it??
http://creditcardsandchecks.com
I have 4 credit cards (limits are 1000, 3300, and two 500s) and was considering getting rid of one 500 credit card. Should I pay the whole thing off and KEEP it or GET RID of it??
http://creditcardsandchecks.com