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What else can I help you with?
Is paying off your credit card bad?
Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.
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.
Where can one get a loan to repay credit card debt if they have very bad credit?
To get loan for repaying credit card debt if one has bad credit, one should contact banks or other financial businesses that are specialized in bad credit loans. There are also online resources for bad credit loans such as EzBadCreditLoans and BadCreditLoansWire.
If 700000 in credit card debt is owed what happens the balance is not paid and how bad does it affect fico scores?
Three-quarters of a million dollars in credit card debt is highly unlikely, unless you are Michael Jackson. Even if the CC debt is $1.29, your credit rating will be affected if one doesn't ever pay the bill owed.
Can a high credit card balance prevent you from getting a mortgage?
Your debt is always taken into account. If your income can handle the credit debt and the mortgage there should be no problem. High credit card balances do not mean bad credit. Late or no payments make bad credit. Your better off with a high balance on a credit card that you pay regularly than no credit at all.
Is paying off your credit card bad?
Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.
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.
In English Law What happens to credit card debt after the death of The card holder?
The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.
Where can one get a loan to repay credit card debt if they have very bad credit?
To get loan for repaying credit card debt if one has bad credit, one should contact banks or other financial businesses that are specialized in bad credit loans. There are also online resources for bad credit loans such as EzBadCreditLoans and BadCreditLoansWire.
If 700000 in credit card debt is owed what happens the balance is not paid and how bad does it affect fico scores?
Three-quarters of a million dollars in credit card debt is highly unlikely, unless you are Michael Jackson. Even if the CC debt is $1.29, your credit rating will be affected if one doesn't ever pay the bill owed.
Can a high credit card balance prevent you from getting a mortgage?
Your debt is always taken into account. If your income can handle the credit debt and the mortgage there should be no problem. High credit card balances do not mean bad credit. Late or no payments make bad credit. Your better off with a high balance on a credit card that you pay regularly than no credit at all.
Is it bad to immediately pay off credit card debt?
Paying off credit card debt immediately is generally a good idea because it can help you save money on interest and improve your credit score.
Where can one get a credit card if they have bad debt?
If one has bad debt, one can either apply for a credit card from Cerulean Discover, Horizon Gold, First PREMIER, or Continental Finance Matrix Discover at their websites; or alternatively, apply for a prepaid credit card from places such as Paypal or American Express.
Does the President Obama administration have money available for people with bad credit who are buried in credit card or automobile debt?
no
Your husband wants to put you as a second cardholder on his credit card you have a bad credit score as you were in debt a few years ago Will you be able to be the second card holder?
Yes because he is responsible for the debt, not you.
Where can one find out the rules for the bad credit debt loan?
The most reliable place that one can visit to get information on the rules and regulations of bad credit debt loans is the Federal Trade Commission website. They offer a myriad of articles on coping with debt, consolidation, federal laws consumers should know about credit card fees, collections and even bankruptcy.
How can one go about starting a credit card debt settlement?
You need to get in contact with your credit card company and make an agreement on how you are going to pay back your debts. The cost to doing a credits card debt settlement is that you end up with a very bad credit score.
