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What else can I help you with?
Many people have too much credit-card debt?
Yes a lot of people have too much credit card debt that they are only paying the minimum due each month and not enough saving
What would make your credit scores low?
1) Late payments 2) Judgements 3) Too much debt (Income to Debt Ratio) 4) Closed accounts 5) "Too much" Credit 6) No credit history
What does too much shared debt mean as a refusal for credit?
That means the applicants owe too much money to take on more debt. They are not considered a good risk.
How much debt is acceptable for a graduate student?
As long as you are paying your bills on time each month, your credit score will not be effected. However, too much debt or revolving credit can affect whether or now you can get loans.
Where can one find a credit card debt advice?
One can find credit card debt advice from a variety of different locations. You can try a debt counselling agency, blogs on cutting down on debt, debt forums and you can even ask your credit card for help too.
What are some future consequences of borrowing too much?
Debt problems, bankruptcy, poor credit ratings - loss of home/possessions, depression.
How much debt is necessary to qualify for a credit counseling agency?
A credit counseling agency is a good bet for anyone who is struggling with debt, no matter how much debt is on the books. The service they provide if only advice is good and sound.
What reasons can be used to Deny consumer Credit?
Too much creditHigh Debt to income ratioNo positive accounts etablished.To many negative accounts.
If you have too much credit card debt can you move to Canada from the US to avoid it?
As your credit report may not follow you from the US to Canada, you can probably move there and become debt free. Moving back, thou, to the US may be difficult if you are trying to obtain credit as your credit report may have to be accessed and the unpaid accounts may show up.
Why is it that people who are in enormous debt tend to get more credit card offers than the people that have no credit or low credit scores?
Lending companies have calculated that if you have no credit or low scores, that means you are a risk and probably won't be able to pay them back. So they don't offer cards as much to these people. People with large debt (but who still pay more or less on time and therefore have decent credit) are paying huge amounts of interests to the lending companies already. If you are a credit card company, you hope to load these people up with debt and more debt so they will pay lots of interest to you. Of course there is the danger that the debt will become too much, and then you've got problems.
How much credit card debt should I transfer to my spouse to improve both of our credit scores?
none. how does putting your spouse in your debt help their score?
What is the most common way to go about credit card debt management?
There are several ways to management the credit card debt. Financial Consulting is the best way to get credit card management. One can get financial information too.
