• Is this a good way to start out building credit?

    got a credit card for the first time and i refuse to have bad credit. is buying small things like candy, meals from fast food places, water bottles and gas a good way to start out and i will put aside paper money for each item i buy and use that paper money to pay the credit bill?
    got a credit card for the first time and i refuse to have bad credit. is buying small things like candy, meals from fast food places, water bottles and gas a good way to start out and i will put aside paper money for each item i buy and use that paper money to pay the credit bill?
    8 answers · 1 day ago
  • What do when you've been a victim of identity theft?

    I've gone to the social security office, filed a police report, I called the three credit agencies and went to the IRS. Someone was using my social to work in another state. I'm only 20 years old so I don't have much guidance since my parents are pretty far away from me. BTW I'm a college student... show more
    I've gone to the social security office, filed a police report, I called the three credit agencies and went to the IRS. Someone was using my social to work in another state. I'm only 20 years old so I don't have much guidance since my parents are pretty far away from me. BTW I'm a college student living in dorms. I'm relying on FAFSA too. How bad is this? Should I do something more? Do I change my social security number? Will this affect me later on when I build my credit score? Please help!
    8 answers · 2 days ago
  • Ace cash express?

    So a few months ago I had lost my job and couldn’t afford to pay back an installment loan from ace cash express. They are now sending letters to my employer. What do I do? I still can’t afford to pay that debt at the moment...
    So a few months ago I had lost my job and couldn’t afford to pay back an installment loan from ace cash express. They are now sending letters to my employer. What do I do? I still can’t afford to pay that debt at the moment...
    8 answers · 2 days ago
  • Is it okay to destroy a credit card without closing it?

    Best answer: The few points you lost you will get back. Use the card for small things and pay the full balance each month and that will boost your score. Having a higher credit limit helps you in the long term. It lowers your utilization rate, a big part of your score. Let's say you have a $2,000 limit before it increased... show more
    Best answer: The few points you lost you will get back. Use the card for small things and pay the full balance each month and that will boost your score. Having a higher credit limit helps you in the long term. It lowers your utilization rate, a big part of your score. Let's say you have a $2,000 limit before it increased to $5,000. You make a $1,000 purchase. Before, you would be utilizing 50% of your available credit and that is harmful to your score. Now you are utilizing only 20%. The Big Three like to see that rate under 10%, but 20% is a lot better than 50%.

    I recommend not destroying the card. Keep using it but use it wisely, and your score will improve over time.
    21 answers · 6 days ago
  • Can you take out a 5000 loan from wellsfargo with no credit history?

    Hello, I need a 5k loan to cover travel expense to my new job. I ve been a member of wellsfargo for 8 years but never used a credit card. Will it possible to take out 5k loan? I know the interest would be high but is it possible?
    Hello, I need a 5k loan to cover travel expense to my new job. I ve been a member of wellsfargo for 8 years but never used a credit card. Will it possible to take out 5k loan? I know the interest would be high but is it possible?
    4 answers · 6 hours ago
  • Bills of deceased person.?

    A follow up to another question of mine...will credit card companies write off small balances when a person dies? For example, my grandmother had a Target credit card with balance of $33. She had a Chase card with balance of $111.23. She had a Kohl’s card with a $74 balance. I understand that these bills will need... show more
    A follow up to another question of mine...will credit card companies write off small balances when a person dies? For example, my grandmother had a Target credit card with balance of $33. She had a Chase card with balance of $111.23. She had a Kohl’s card with a $74 balance. I understand that these bills will need to be paid out of the estate, but is it unheard of for these companies to just let the balances go after they are cancelled?
    13 answers · 4 days ago
  • Why do people get credits cards?

    Best answer: To build their credit score, to easily buy airline tickets, reserve rental cars and hotel rooms, make purchases online, etc. and not have to pay for it all that moment. It's free money for a month, plus benefits such as cash back or airline miles. If you use it correctly, you pay it off on time, in full each... show more
    Best answer: To build their credit score, to easily buy airline tickets, reserve rental cars and hotel rooms, make purchases online, etc. and not have to pay for it all that moment. It's free money for a month, plus benefits such as cash back or airline miles. If you use it correctly, you pay it off on time, in full each month and it's all good. Only suckers pay the minimum, miss payments or let it build up to ridiculous amounts of debt that they'll never get out from under. Using a credit card correctly is a good thing. Misuse can be a real nightmare for an undiscliplined person.
    9 answers · 3 days ago
  • Question about Credit Card residual interest...?

    I have an example Previous statement balance was $0 paid in full I make a $50 purchase Dec 1 Balance is $50 cycle Dec 2, Due Dec 23 On Dec 25 I pay $50 Statement prints Jan 2 with interest from the transaction date, Dec 1, until Jan 2 Pretend I made a purchase on Dec 31st, since I have already lost the grace... show more
    I have an example Previous statement balance was $0 paid in full I make a $50 purchase Dec 1 Balance is $50 cycle Dec 2, Due Dec 23 On Dec 25 I pay $50 Statement prints Jan 2 with interest from the transaction date, Dec 1, until Jan 2 Pretend I made a purchase on Dec 31st, since I have already lost the grace period is that transaction accruing interest?
    5 answers · 8 hours ago
  • When buying first home ..?

    What is it that the loan companies look at? I know your credit score, but what about credit cards? Does it matter if they have balances or not? What about how long I’ve had credit? I need some pointers before following through with getting my first house lol
    What is it that the loan companies look at? I know your credit score, but what about credit cards? Does it matter if they have balances or not? What about how long I’ve had credit? I need some pointers before following through with getting my first house lol
    5 answers · 1 day ago
  • My debit card was rejected and I have money in my account what is the problem?

    I went online to order some food for lunch today and they said my card was declined and that is impossible because I checked my bank balnce and had money in my account why did this happen? I cant call the bank they are closed on Saturday
    I went online to order some food for lunch today and they said my card was declined and that is impossible because I checked my bank balnce and had money in my account why did this happen? I cant call the bank they are closed on Saturday
    7 answers · 3 days ago
  • CarTitle loans - if you fall behind on payments, but you are paying something, is there any point at which the amount of debt is frozen?

    Best answer: Nope...you are going to keep getting charged interest until the loan is paid off or the car is repo'd. Title loan companies bank on you not paying the entire balance since the interest rates are high so they can keep rolling over the loan and charging interest.
    Best answer: Nope...you are going to keep getting charged interest until the loan is paid off or the car is repo'd. Title loan companies bank on you not paying the entire balance since the interest rates are high so they can keep rolling over the loan and charging interest.
    5 answers · 2 days ago
  • Payment is sitting in my bank account as credit balance?

    I recently made a transfer to international bank to pay for stuff. They havent receive my payment and after an investigation, they told me that my payment is sitting in my bank account as credit balance. What does that mean? And what should I do?
    I recently made a transfer to international bank to pay for stuff. They havent receive my payment and after an investigation, they told me that my payment is sitting in my bank account as credit balance. What does that mean? And what should I do?
    7 answers · 6 days ago
  • Car finance?

    Is it possible/ where can I get finance as a 17 year old?
    Is it possible/ where can I get finance as a 17 year old?
    9 answers · 1 week ago