Archive for category Credit Cards
Are the creditors going to come after me for credit debt?
Posted by admin in Credit Cards on January 14th, 2010
I studied abroad for a year in England, and had a credit card issued from a British bank. I had 1 pound in balance on my card (that’s like $2.00 USD). I’ve been back in the States for a year, and the interest is slowly building up, like a few cents each month, and it’s like $2.50 now. I haven’t paid it yet. Will the bank hand their file to a credit card debt agency and will they come after something as low as $2.50???
Should I combine my credit debt into one card?
Posted by admin in Credit Cards on January 12th, 2010
I have 3 credit cards. Altogether I owe about $1,500. I’ve been thinking, would it make more sense to combine all three debts into one card. This one card would be an additional fourth card with a higher credit limit and 0% APR till April 09. I’m paying extra finance charges for late fees on my other cards so I’m thinking it would be good to put them all into one card and have a clean start. What do you guys think?
I have credit debt that is over five years and written off. Should I pay it?
Posted by admin in Credit Cards on January 11th, 2010
I am trying to improve my credit. Most of the debt that I have occurred betwwen 2002-2004. Most of it has been written off. I get settlement letters sometimes. I do not plan on making any big purchases within the next two years. Should I pay off the debt and if I do will it raise my score? Or should I let the debt fall off by 2010?
Why do news agencies never report on Americans who pay credit cards in full?
Posted by admin in Credit Cards on January 9th, 2010
Seriously, every time a news show does a story about credit cards they always talk about those in the worst situation and make the CC companies look evil. Why do news agencies ever talk about CC users who pay in full each month and reap the rewards such as cashback, miles, etc. with no interest or fees? If you are going to bad-mouth and industry at least present both sides.
Why do news agencies never report on Americans who pay credit cards in full?
what is the best company to use for credit/debt consolidation?
Posted by admin in Credit Cards on January 7th, 2010
I need to build credit and elimidate debt
If you borrow $19,000 from someone to pay off some credit debt, can you be liable for taxes on this?
Posted by admin in Credit Cards on January 5th, 2010
My mom is giving my sister $19,000 to pay off her credit debt. She will repay her for the next few years on a monthly basis. Can she be liable for some sort of income or gift tax for this?
What was the exposure of FHA (Fanny/ Freddy) as a % of the overall credit defaults (vs. the credit debt swaps?
Posted by admin in Credit Cards on January 3rd, 2010
FHA originated many loans, however, so did other institutions. And other MBS were issued. What was the dollar value of the FHA morgages vs the credit debt swaps and other MBS that defaulted?
How can you raise your bad credit score even when you pay credit cards on time?
Posted by admin in Credit Cards on January 2nd, 2010
How can you raise your bad credit score even when you pay credit cards on time and have collection accounts on your credit
can paypal take money directly out of your bank account if you dont have a credit/debt card?
Posted by admin in Credit Cards on December 31st, 2009
i have a bank account but no credit/debt card. i want to buy a virgin mobile cell phone because im 16 and its no contract, and you have to pay with paypal or credit/debt card. i was wondering if you can pay a bill with paypal and if it can just take money directly out of your bank account to pay a bill.
fiance joining army and I need to reduce me debt immedietly?
Posted by admin in Credit Cards on December 31st, 2009
Will debt consolidation do this? I believe you can only have around 3200$ in debt total, he has none but I have around 5 to $6000 in debt right now, maybe a little more and I have about a month to reduce this amount significantly or at least get it down to $3200
Sorry I forgot to note we will be getting married before he leaves to basic in jan.
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