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What else can I help you with?
If the cosighner stops making payments on car loan but has the car and wont return it?
both owner cosigners credit will be affected both owner cosigners credit will be affected
If you cosign for a student loan does it show up on your credit report before or after the student starts making payments?
It shows on your credit report even before they start making payments.
Is it illegal to take a car out of state when you are still making payments on it?
Not as long as you continue to make payments on it.
If an account is closed by a credit grantor why would the card holder continue to make payments after bankruptcy findings are closed?
The card holder is under no legal obligation for the card holder to continue making payments after filing for bankruptcy, unless the case is dismissed without a discharge. There are some who believe that they can improve their credit rating by pay off debts that were discharged in a bankruptcy, but I believe there are better methods to reestablish credit after bankruptcy.
What do you do if you can not afford to continue making the car payments on the totaled car while making payments on the new car loan?
Sell the newer car and buy something cheaper. It's a bad idea to default on a loan and screw up your credit. Sounds like you overextended yourself financially!
How can you be in credit on a credit card?
You can be in credit on a credit card by making payments that exceed the amount you have spent, resulting in a positive balance on your card.
How do you get into credit card debt?
By using them & only making the minimum payments.
How does making extra payments help improve my credit score?
Making extra payments on your debts can help improve your credit score by reducing your overall debt and lowering your credit utilization ratio. This shows lenders that you are responsible with your finances and can help boost your credit score over time.
How can personal responsibility affect your credit report?
Creditors will often take into account how responsible a person is in making payments on their loans and credit cards.Making payments on time, keeping your credit utilization low and establishing a solid payment history are some actions that can have a positive impact on your score.
How do you esablish credit?
Start off first by getting a Sears, Target, Circuit City or similar in-store credit card. After making purchases and payments on that for six months, you should become eligible for small limit credit cards. Keep making purchases and payments on all credit and shortly you will have established a ground credit. DO NOT GO OVER LIMITS, MISS PAYMENTS, OR INQUIRE INTO TOO MANY CREDIT ACCOUNTS.
Can a person be jailed for not making credit card payments?
No. They can't put you in jail.
What should I do with an 800 credit score?
With an 800 credit score, you have excellent credit. You can qualify for the best interest rates on loans and credit cards. To maintain your score, continue making on-time payments, keep your credit utilization low, and monitor your credit report regularly for any errors. Consider using your good credit to apply for rewards credit cards or loans with favorable terms.
