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What is the best way to get rid of a high interest high annual fee secured credit card without adversely impacting your FICO score?
Wiki User
∙ 17y ago
Chances are if you have good credit already, shop around for a new credit card which has 0% transer fee and 0% interest on transfers. Keep your old one open and just don't charge on it, they shouldn't charge you the annual fee if you're not using it. Credit is not that great and am trying to improve... There is no such thing as "free" when you get a credit card. They are money lenders and want to make a profit. They may give you 0 interest, but, if you miss one payment they will slap you with biggest percentage fee you've ever seen and it's downhill from there. Cut up those credit cards! If you are in debt go to your bank and see if you can take out a small Line Of Credit. The Interest rate is much lower and you can pay your credit cards off with this and make payments on your Line of Credit. Remember, if you can't afford it then you shouldn't have it! Credit cards are needed in emergencies and many places you may want to travel and stay will require a credit card, but, keep it far back in your wallet and unless you are having a real emergency (such as car trouble) or you need it to secure a hotel in another town or country DON'T USE IT!
Wiki User
∙ 17y ago
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What is the advantage of a secured line of credit?
The advantages of a secured line of credit is that one will get a lower rate of interest as the credit is secured against a property or business. It can also be beneficial to businesses as it is continually available without the need for re-applying each time an expense or opportunity occurs.
How can i get secured Loan without verifiable income?
To get a secured loan without verifiable income, someone can provide a peace of land or a car as a security for the loan. When someone defaults, the bank can simply net off the balance from the security.
What are the benefits of getting secured bank loans?
When looking to get a loan there are many dangerous options from which to choose. A secured bank loan allows you to take a loan out on money that you already have in your bank account. You will accrue some interest and some minor fees but in the end you are able to pay off the loan without having to rely on later income. One of the greatest benefits for the young borrower is for the accrued credit upon payment.
Can my bank raise my credit card interest rate without telling me?
Not without telling you. However - they can vary the interest rate at their discretion, at any time.
Is it legal to loan money without interest?
Sure.
What does sustainable population mean?
A sustainable population is one that can be maintained at that number of people indefinitely without adversely impacting the environment or the quality of life of the members of that population.
What is the advantage of a secured line of credit?
The advantages of a secured line of credit is that one will get a lower rate of interest as the credit is secured against a property or business. It can also be beneficial to businesses as it is continually available without the need for re-applying each time an expense or opportunity occurs.
Can you check your credit report or credit scores without negatively impacting your score?
Yes.
Add a suffix to the word secured?
"unsecured" : without security
What would you do if a team member wasn't contributing and it was impacting on your work?
I will try more to pass this difficulties without any contributing.
What is an escape point in Quality control?
the point at which a defect moves past our ability to correct it without impacting the end user.
How can i get secured Loan without verifiable income?
To get a secured loan without verifiable income, someone can provide a peace of land or a car as a security for the loan. When someone defaults, the bank can simply net off the balance from the security.
How do you afford a loan?
Avoid maintaining bad credit history, without fail we have to pay back our loans interest every month. Always try to apply loans with secured credit cards and try to maintain credit scores in higher levels.
What is a network that can expand quickly to support new users and applications without impacting the performance of the service being delivered to existing users?
Scalable
Can a pregnant women smoke spice while pregnant?
Pregnant women cannot smoke *anything* without it adversely affecting the fetus.
How do you cheat a plus nywhere learning system?
you can't, it is a secured site without any cheats.
How do you open secured MS Access file without password?
If you do not have the password, then you will not be able to open the file.
