i just got off the phone with a debt collector from columbia house music club. an account from 2003 that i did not authorize was the topic of conversation, aside from me disputing the claim, should ...
i was talking to a realtor to check a few interested properties, she recommended me to talk to a lender to pre approve it before we actually started searching. But i was wondering if it will lower my ...
I have a lot of creditors suddenly calling my house and sending certified letters (which I refused) looking for a dentist with exact name as mine. As I keep telling me them it is not me, they react ...
have you ever tried a green card debit card you can pay stuff over the internet with that car and you can put as much money as you want into those things so you don't have to worry about your credit score and you do not need a bank account for one
When you apply for a cc your score drops by 2-5 points because of the credit inquiry. Since Feb 22 people 21 yo and younger will not be able to get a cc by themselves unless they can show proof of income or have an adult cosign.
As for the best card for you, it's hard to tell without knowing more about your circumstances but there are a few online tools that can help you figure it out. A good one is at Bankrate.com http://www.bankrate.com/cnn/rate/brm_ccsearch_advanced.asp?menu1=Select+a+card+type&SubmitCC.x=28&SubmitCC.y=8, and another one is at www.creditcards.com. Read ALL the fine print.
If you get a credit card, read the terms - don't get one that will be charging an annual fee. If you have bank accounts in good standing, check your bank for their credit card options.
Credit cards are a tool, neither good or bad. It's how you use the card and manage your finances that makes the difference. People get into trouble by running up balances and only paying the minimum. It's called living beyond your means.
Applying for any line of credit will cause a credit inquiry that will ding your score a few points. Your score will quickly rebound. If you use the card and pay the balance in full every month, it will actually improve your score. You need a mix of installment and revolving credit to get the best FICO scores. Paying the card in full every month avoids interest.
A Visa or Mastercard is probably the best as they are the most widely accepted. Check with your bank to find out what kind of terms are available. Something with a reward program is always good.
This site has some good basic info on credit cards: http://www.ftc.gov/bcp/edu/microsites/moneymatters/credit-cards.shtml