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Is there a way to close a credit card while theres still a balance on it while avoide late and overlimit fees?
Wiki User
∙ 16y ago
Be careful when you close a credit card account. It could drop your credit score considerably. The way to avoid late payments and over limit is to stop using the card and make payments on time. If you want to learn more about credit scores and how to improve yours: Take a look at Phil Turner's Credit Bible. You should find valuable information on credit cards and improving your credit.
Wiki User
∙ 16y ago
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If you get a 0 percent apr credit card put a balance on it then transfer to another card and close the previous one how does it affect your credit?
Credit scores reflect the number of paid credit accounts you have. So, when you transfer from the first account to another, that first account becomes PAID. You don't need to close the account, since over time it will be beneficial to your score. Myanswer I heard the more credit cards you have reduces your credit rating as theres still a risk of using up your credit limit and risk of fraud. Also, a credit card in reality is a loan but reflected as a credit limit. Having a few (4-5)credit cards, or positive trades, on your credit report is good. If you are using less than half of the available credit for EACH card, it shows that you know how to manage money. You can also freeze your credit account to avoid constant checks by prospective lenders. Reply so basically having 4-5 credit cards on £0 balance with £3000 credit limits is good for your credit rating if those cards are frozen? I had an MBNA card and applied for another card under the same umbrella orginisation and I told them I wasnt happy with my credit limit because I had another card different brand by MBNA that's why. How do you freeze accounts?
If your vehicle was repoed 3 years ago and you have been paying the deficiency balance how long will you have a low credit rating?
Hang in there. Dont give up. You are probably a one in 100000 case. You are doing it the right but hard way.Avoid the B/K if theres any way possible. You've made 3 yrs, dont waste all that hard work.It will get better. Someone (lender) will see that you are paying on the balance and RESPECT that enough to cut you some slack. Your credit rating (or score) depends on All the information contained in your credit report. A repossession, which shows as a charge off or collection account, is considered a significant derogatory listing and would have a big impact on your credit score. Any derogatory item that has been updated, for any reason (including recent payment) would have impact your score the most. 35% of the your credit score is based on your payment history. In general, derogatory information remains on your credit report for 7 years from the date of last activity.
If you have bad credit and added as authorized user on credit card does the main card holder inheirit your bad credit even tho theres is excellent?
No, because they are not resposible for the debt on the card, their card is simply for the sake of convenience usually so the AU does not feel the need to use your own card. The only way a person's credit rating can be affected is if they are responsible for any kind of debt.
Can a ATM card hack a ATM?
no. the atms motherboard is too smart to configure it. itll just spit it back out. (unless its a valid credit card) but theres other ways of hacking atms just do research on it.
Is it better to settle an account in collections or pay it in full via monthly payments?
Personally speaking, it is better to settle with a collection agency rather than making monthly payments. Theres only one ceveat....you must pay the collection agency in full. Example, lets say you owe $1000 to a credit card company. A collection agency will say, pay $600 NOW and this will settle the balance. So, if you dont have $600, its a 'catch-22'. You are better off making the monthly payments until the $1000 is paid.
If theres insane people how can there be sane people?
To balance out nature there is always an opposite.
How do you get child support off your credit report?
as long as the child support agency is reporting it to credit bureau theres no way but to pay it that i know of
How do you be a vip in barbiegirls without using credit card?
you need a barbiegirls mp3 and theres a code under it and then type the code
If you get a 0 percent apr credit card put a balance on it then transfer to another card and close the previous one how does it affect your credit?
Credit scores reflect the number of paid credit accounts you have. So, when you transfer from the first account to another, that first account becomes PAID. You don't need to close the account, since over time it will be beneficial to your score. Myanswer I heard the more credit cards you have reduces your credit rating as theres still a risk of using up your credit limit and risk of fraud. Also, a credit card in reality is a loan but reflected as a credit limit. Having a few (4-5)credit cards, or positive trades, on your credit report is good. If you are using less than half of the available credit for EACH card, it shows that you know how to manage money. You can also freeze your credit account to avoid constant checks by prospective lenders. Reply so basically having 4-5 credit cards on £0 balance with £3000 credit limits is good for your credit rating if those cards are frozen? I had an MBNA card and applied for another card under the same umbrella orginisation and I told them I wasnt happy with my credit limit because I had another card different brand by MBNA that's why. How do you freeze accounts?
What are the advantages of getting a Lowes credit card?
Even though it has high interest rates Lowes always seems to have promotions and special sales for those who have the Lowes credit card plus theres no annual fee.
Can you transfer credit on your mobile from your vodaphone sim card to an o2 sim card once you have unlocked your phone?
Nope. theres no way atall.
What do you do to add funds on the PS store?
I just put my credit card in there. i dont think theres anyway to get free money unless you hack :)
If your vehicle was repoed 3 years ago and you have been paying the deficiency balance how long will you have a low credit rating?
Hang in there. Dont give up. You are probably a one in 100000 case. You are doing it the right but hard way.Avoid the B/K if theres any way possible. You've made 3 yrs, dont waste all that hard work.It will get better. Someone (lender) will see that you are paying on the balance and RESPECT that enough to cut you some slack. Your credit rating (or score) depends on All the information contained in your credit report. A repossession, which shows as a charge off or collection account, is considered a significant derogatory listing and would have a big impact on your credit score. Any derogatory item that has been updated, for any reason (including recent payment) would have impact your score the most. 35% of the your credit score is based on your payment history. In general, derogatory information remains on your credit report for 7 years from the date of last activity.
Can you get a code for unlimited vizdolers on vizwoz?
Theres no code . ALl it does is tke money of your credit card yearly monthly whatever opition you chose i am getting it today .
Can a third party collector make a credit inquiry to see your credit report without consent?
In most cases yes. When you get a credit card theres about 3 pages of fine print, With most CC companies there is a disclaimer that if the account becomes delinquent your credit account may be sold to a 3rd party collector. You agree to the terms and conditions therefore have already given consent.
If you have bad credit and added as authorized user on credit card does the main card holder inheirit your bad credit even tho theres is excellent?
No, because they are not resposible for the debt on the card, their card is simply for the sake of convenience usually so the AU does not feel the need to use your own card. The only way a person's credit rating can be affected is if they are responsible for any kind of debt.
how can I find out more about boat donation ?
Theres an excellent website that can guide you donating a boat at www.boatswithcauses.org. Be sure to visit www.irs.gov to see how to use your donation as a tax credit as well.
