Credit and Debit Cards

If you are denied credit, the Equal Credit Opportunity Act requires that the creditor give you a notice that tells you the specific reason your application was rejected or the fact that you have the right to learn the reason if you ask within 60 days. If your credit application was due to information obtained from your credit report, the Fair Cedit Reporting Act requires the creditor to give you the name, address and phone number of the credit reporting agency that supplied the information. The credit reporting agency can tell you what is in your report but only the creditor can tell you why your applicaton was denied.

Ten years from the date of discharge.

Seven years is a common period of time. You should not try to pay up on old accounts, but for those within the last couple of years, see if you can call the company and settle the account so that it will be marked as paid rather than written off. Check to see if any negative information, such as from apartments or utilities, is inaccurate. If so, contact them and get a signed, letterhead, letter saying the account is paid. Then, send that to all of the credit bureaus. Definitely keep the letter in your file for years to come - zombie collectors are always out there. Finally, pay everything on time going forward. Sometimes it is helpful to signup for automatic billpay to keep things timely.

2 years

added to the balance

bankruptcy

change the percent to a decimal

$284.39

17.41

credit score

Equal Credit Opportunity Act

it is the sum of the daily balance divided by the number of days in the billing cycle

fixed

Imprisonment

some place a fee on the average yearly balance . ( A+ )

asking for your social security number

Yes, there are some websites for payday loans for Christians, some examples are: Christian Faith Financial-Christian Payday Loans, Payday Loans Apply and ChristianNet.

A measure of the cost of credit expressed as a yearly interest rate.

credit limit fee

If Nancy pays her bank 465.23 a month for 48 months, the amount paid on every installment would be 116.3075/n where n is the amount.

Refuse to pay credit card payment.

Which of the following statements is false?

14.4 %. A+

1.75%. A+

583.53