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What else can I help you with?
If I pay my minimum payment on a credit card can I spend up to my credit limit after?
Yes. You should try to clear as much as you can though.
Will a paid in full collection agency debt look better than a settlement payment on a credit report?
Yes, though both will damage your credit report to some extent.
How does buying out a rental agreement affect your credit?
It should not have any effect, since you honored the agreement and paid up. You might want to keep the letter or receipt for the payment for your records, though.
If the co-signer of a car files bankruptcy will this affect the credit of the primary even though my payment are always on time?
No. It only affects the lender ability to get paid if the primary borrower defaults.
Can an original creditor have a debt removed from your credit report in exchange for payment even though it is already listed as a collection account?
It can't be removed from your credit report even if you pay in full. It will say "settled" and paid in full, but the red marks will still show other creditors that you had some trouble with this debt. It will take the full 7 years to clean up. *Once again the person who made the report to the credit bureau can have it removed as an invalid or incorrect entry. It also is not always seven years.
Will they give me a mortgage if I have bad credit?
Often you can get a mortgage with bad credit. Bad credit can, though, increase your interest rate, increasing your monthly payment.
If I pay my minimum payment on a credit card can I spend up to my credit limit after?
Yes. You should try to clear as much as you can though.
Are you liable for payment of debt from divorced wife even though you have already paid your half?
no
Does working out a payment plan with your credit card company affect your credit score?
It shouldn't - because working out a payment plan shows that, even though you're in financial difficulty, you're still willing to settle your account.
Will a paid in full collection agency debt look better than a settlement payment on a credit report?
Yes, though both will damage your credit report to some extent.
When you pay off a tax lien does it reduce your credit score?
PAYING a tax lien has no effect on your credit. What would affect your credit score would be to have the lien released. This is the legal disposition to a lien. Have the release recorded at the same courthouse and send the proof of payment and the release to the credit bureaus. Tax liens have no statute of limitations for how long they can show on your credit report. Having the release recorded and shown on your credit triggers the 7 year countdown for when these public records will be shielded. According to Experian the payment of a tax lien, (which do in fact have statute of limitations of 7 years from the date of payment)payment of a tax lien and the subsequent reporting of the release WILL have a negative effect on your credit score. The logic in the world of credit scoring is this; Once a payment has been made on an old account, this constitutes "activity" on a derogatory credit entry. Recent activity on a derogatory account (even though payment should be considered "good") is considered a negative when computing scores.
Does the credit card company can sue you because of non payment of your monthly dues while you are staying in the other country?
A credit card company will add non payment onto the outstanding balance and that in turn wil incur the agreed interest charges of your credit card company. Also, if you continue to miss payments even though you are staying abroad, this will eventually affect your credit rating, making it very difficult to get future credit.
Can you be sued in court for non payment of credit cards in New York?
Yes. Even though credit cards are considered unsecured transactions, the account holder can be sued by the original creditor or a third party collector for the debt.
Are there any credit cheats for Habbo Hotel without phoning and being a HC or VIP?
There are no credit cheats for Habbo Hotel. You must legally purchase credits though a valid payment method found on Habbo.com. Also, being an HC or VIP does not give you special abilities to "credit hack, credit cheat, etc".
How does buying out a rental agreement affect your credit?
It should not have any effect, since you honored the agreement and paid up. You might want to keep the letter or receipt for the payment for your records, though.
If the co-signer of a car files bankruptcy will this affect the credit of the primary even though my payment are always on time?
No. It only affects the lender ability to get paid if the primary borrower defaults.
Can you pay another way online?
Credit Cards are the main form of payment though some sites do accept PayPal. Cash and checks are NOT accepted in 99.9% of all internet stores.
