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Wednesday, May 26, 2010

Have you got anything other than a lower APR from a credit card by threatening to cancel/switch?

Okay, I know you can negoiate a lower rate with most credit card companies, but I pay off my bill every month, so I don%26#039;t care about the APR.



Is there anything else that you have been successful in getting out of a card company by threatening to cancel or switch? More perks? Lower fees? Longer grace period?



Always looking to get something for nothing,



--%26gt;Adam



Have you got anything other than a lower APR from a credit card by threatening to cancel/switch?

Sure...... I got a %26quot;.9%%26quot; from discover as the best tranfer rate...that is in the %26quot;retention department%26quot; when I paid it off and told them I didn%26#039;t care.... Then, to answer you......no annual fees and yes..higher perks...Some companies suck though.



Have you got anything other than a lower APR from a credit card by threatening to cancel/switch?

I found interesting information about your answer Here:



debt consolidation loans:



http://all-debt-consolidation-loan.blogs...



credit cards:



http://all-debt-consolidation-loan.blogs...



Good Luck!

Can you contact your credit cards and ask for a better interest rate?

We%26#039;ve been paying our bills on time for the past few months and have raised our credit score a great deal. Can I call the cards that have a high interest rate and see if they can lower them? Or will they not do that? Thanks.



Can you contact your credit cards and ask for a better interest rate?

You absolutely can... they usually say no until you play hardball. Tell them if they don%26#039;t lower the rate that you have an offer from another CC company that will give you 0% for a year. Tell them there is nothing stopping you from moving your business to this other company if they don%26#039;t lower the rate. Once they hear they might lose you, they will break.



Can you contact your credit cards and ask for a better interest rate?

Yes- Just call the 1-800 # on the back of the card and ask . How can lower my rate? It%26#039;s way too high !



Can you contact your credit cards and ask for a better interest rate?

I have only ever encountered one company who would not do it for me. All you can do is call and ask, most of the time, they should be more than willing as long as you are willing to give up some of the features your cards may have.



Ie: I had a GM Visa that gave a percentage of my purchases towards a new GM car. I was paying 18.9% interest, when I asked them for a lower rate card, I got a 10% interest rate, but of course lost the ability to put any money towards a new car. Not a big loss in my books cause they only allowed you a maximum of $2500 towards the car anyway.



It is worth the phone call, just do it.



Can you contact your credit cards and ask for a better interest rate?

Yes you can contact them and ask to be put on a lower rate, they don%26#039;t have to put you on a better rate.



I suggest transferring the balance on to another card with a lower rate and no fee for transfers, this should give you another 30 days extra to pay of the amount you owe and you will be on a lower rate.



You need to shop around for a better credit card alot of on line ones give you good rates. Transferring the debt to another card can sometimes be the only way to get a lower rate of interest.



Hope that helps



Can you contact your credit cards and ask for a better interest rate?

They might say %26quot;no%26quot;, but you won%26#039;t know unless you ask! A good way to approach them is to tell them you%26#039;ve always been happy with them, but you%26#039;ve been offered a lower rate by %26quot;someone else%26quot;...



Can you contact your credit cards and ask for a better interest rate?

You%26#039;ve gotten some good advice so far, but I wanted to add that if the first person says no, ask to speak to a supervisor. Don%26#039;t just accept the first person%26#039;s negative response.



Can you contact your credit cards and ask for a better interest rate?

Sure you can. I%26#039;ve done it a few times, but be aware it always depends on the particular economic environment at the time. They may or may not be able. Just tell them, %26quot;I would like to make sure I%26#039;m getting the lowest interest rate that I%26#039;m eligible for.%26quot;

What's the lowest interest rate I could get on a $30k car loan with excellent credit?

I have excellent credit. Could I possibly get a 4% interest rate on a loan?



What%26#039;s the lowest interest rate I could get on a $30k car loan with excellent credit?

Sometimes you can get 0 depends on what kind of deal they have going on. Be sure to look at additional costs when you sighn papers sometimes the low interest doesn%26#039;t mean your paying less.



What%26#039;s the lowest interest rate I could get on a $30k car loan with excellent credit?

If this is a new vehicle then you should be able to get a 0% loan through the dealership. You may have to wait a couple of months until they come back with it, but usually around May or June most dealerships will offer The 0% again. But looking at the federal rates right now. It looks like the cheapest you will get is around 4.73%. One thing to always remember when going to a car lot, is that the % rate is just as negotable as the price of the vehicle. If the dealer really wants to sell you a vehichle, then they will use their resources to get you the financing you want .



What%26#039;s the lowest interest rate I could get on a $30k car loan with excellent credit?

It really depends on the vehicle. Some companies offer long term 0% rates with good credit, but the car company is subsidizing the deal to make that happen.



So without knowing the make and model it%26#039;s hard to say. Just remember the companies that offer amazing financing may have weak residuals, so although your payment may be lower, your car will depreciate faster.



What%26#039;s the lowest interest rate I could get on a $30k car loan with excellent credit?

Doubtful. Even prime mortgages aren%26#039;t that low.



What%26#039;s the lowest interest rate I could get on a $30k car loan with excellent credit?

Around 5% will be a good one but most of the lenders usually offers at 7-9%. You can go for online lenders also. Go for those lenders who are registered and are reputed organisation.



http://www.easycarloans.blogspot.com



What%26#039;s the lowest interest rate I could get on a $30k car loan with excellent credit?

By posing this question on Yahoo Answers, you%26#039;re inviting every scheming lowlife scammer to offer you a loan. And I guarantee they will reply soon. Don%26#039;t respond to anyone who offers a loan and has a generic contact email, i.e., yahoo.com. They are scammers. They will ask for money for proceesing stuf and you will not see a dime.



my little advice is that you go to a bank in your area to request for the loan and that is if you have a collateral, but if you want loan from those that give out unsecured loan without a collateral i know of someone that gives out unsecured loans, though he is the only one i have tried for now so i don%26#039;t really know if his interest rate is the lowest, here is their contact information if you want to contact them. (kingstonloaninc@live.com)



i am sure they can be of help to you.



What%26#039;s the lowest interest rate I could get on a $30k car loan with excellent credit?

It is entirely possible to get a rate for around 4% or lower possibly 0%.. However, this will be done through one of the automakers credit arms (GMAC, Chrysler Financial, Nissan/Infiniti Motor Acceptance Corp, etc)..



A bank is not necessarily your best bet, BUT a credit union usually will be because they are not subject to other requirements that normal banks are (and overhead)...



One thing to consider is the amount of rebate which is being offered... For instance.. If you are offered a vehicle with a 0% apr versus 6,500 rebate... Then you would need to do a calculation based off the rate you would receive if you took the rebate versus the 0% rate with no rebate.. In my example, with rates as they are today, you would do better to take the rebate because your cost of capital (or cost to borrow this money) is less than 6,500 over 5 years..



Hope that helps..



I would check out http://www.bankrate.com (and also check out credit unions in your area where you are eligible to join)...

Should I put my mtg refinance in my wife's name her credit score is 700 while my is 617 but I m

the mortgage people say to put in her name for a better rate because her credit. I have been paying the mortgage for the last two years in her name although I am on title.



Should I put my mtg refinance in my wife%26#039;s name her credit score is 700 while my is 617 but I make the income

She should be able to get a somewhat better rate than you, but does she have sufficient income on her own to qualify? I doubt it. Your protection is you are on title as you should be. If you can find a refi that is worth doing, who cares how it%26#039;s titled?



http://www.moranlaw.net/alone.htm



Should I put my mtg refinance in my wife%26#039;s name her credit score is 700 while my is 617 but I make the income

If the %26quot;mortgage people %26quot;will allow it, sure. But generally whomever has teh larger income is automatically the primary borrower.

Who has the best rate(or prices) on credit card/ debit machine?

I am a sales rep for a new, small company. We need to set up to accept credit cards and would like to know who has the best deal. Also I want to know if it is cheaper to accept debit v/s credit.



If you know a company to stay away from, please let me know!



Who has the best rate(or prices) on credit card/ debit machine?

When we got started we used pay pal cause there where no monthly fees and no product to buy. About a month latter the froze our account and we never got our money. So definitely not Pay Pal.



We now use a company that charges approximately 20.00 dollars a month and the equipment was $50.00 dollars.



As far a credit to debit. It is cheaper for the debit.



I will get you the information as soon as I can.



Who has the best rate(or prices) on credit card/ debit machine?

I would go with a company that offers free equipment like the ones on Ebay. Most of the companies will charge around 1.16% for debit and 1.71% for credit with a monthly fee around $10. Here is one company that offers free equipment and the rates I mentioned.



http://www.merchantccp.com

Mortgage 30 yr fixed rate changes if my credit goes bad?

I live in Southern California. I have a 30 year fixed mortgage at 5.4%. Currently my credit is good. If something happens and my credit goes bad, will my 30 yr fixed mortgage change as well?



Mortgage 30 yr fixed rate changes if my credit goes bad?

No, you%26#039;re thinking of the universal default rule with credit cards where your APR can go higher if you miss a payment on the aforementioned credit card or any other credit cards. But credit card payments are usually always variable.



With a mortgage, regardless of your credit score, your interest rate will remain fixed for 30 years if you%26#039;re in a 30yr fixed mortgage. The only downside is if you need to refinance down the line, or if you buy a new home.



By the way, you%26#039;ve got a great rate.



Learn more at http://www.thetruthaboutmortgage.com



Mortgage 30 yr fixed rate changes if my credit goes bad?

No. Not unless you have something strange in your loan papers that allows this, but I%26#039;ve never heard of such a thing. You rate is fixed for the life of the loan.



Mortgage 30 yr fixed rate changes if my credit goes bad?

If your loan is truly afixed loan, the interest on it can not change. If you decide to refinance however, your interest rate will be reshaped against your credit at that time. In southern California, a 30 yr at 5.4 is a good situation. I wouldn%26#039;t change that unless you absolutely have to.



Mortgage 30 yr fixed rate changes if my credit goes bad?

A 30 year fixed mortgage will maintain the same interest rate you started at for the life of the loan (the full 30 years) no matter how your credit score changes.



By the way, in case you didn%26#039;t know, you have a great interest rate for a 30 year fixed in California. Currently the interest rate for a 30 year fixed, no points is 6.250%.



Mortgage 30 yr fixed rate changes if my credit goes bad?

Bad credit is one of the worst problems to have... however there exists a solution.



I will hereby talk from my personal experience.



I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,



if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,



a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :



http://umgarticles.atspace.com/debt-cons...



if it helps kindly remember me in your voting!.. cheers!



Mortgage 30 yr fixed rate changes if my credit goes bad?

no. you got a good rate there. if you look after you expences and not get carried away on it then you should be ok.



Mortgage 30 yr fixed rate changes if my credit goes bad?

No your interest rate will not change as long as you keep the current mortgage you have now. Once you try and refinance your mortgage that when you will see an hike in your mortgage rate. If you need extra cash try and get a home equity line or a 2nd mortgage on your home! What ever you do not refinance your mortgage with the interest rate you have now.



www.anycreditmortgage.biz

Line of credit or mortgage?

I have a mortgage that is up for renewal soon. As the rates are coming down, I am planning to go with open variable mortgage. Also, I will move to new house during summer. Most banks in Canada charge a fee (in addition to legal fees, discharge fee, etc) for early renewals and one bank offered me Line of Credit for the same rate which is same as Open variable rate. Also, I was told that for LOC, admin fee is around $80 and I don%26#039;t have pay any other fee if I go for another mortgage during summer.



I want to know whether I am going to pay more interest (i.e. 6 months) with LOC when compared with Open variable mortgage. Also, with LOC, will my principal go down as with a mortgage?



Line of credit or mortgage?

Based upon others judgement will not get the wise decision.However,other%26#039;s suggestion might be helpful.Here is a good resource for the question.http://mortgage.onlineidea.info/eloan-mo...

What are good interest rates for a credit card?

Give me examples of low, average, and high rates.



What are good interest rates for a credit card?

A good rate would be anywhere from 9.99 to 11.99%. An average rate would be 11.99 to 14.99%. But some cards can be 7.99% or lower. You can find a complete list of low interest offers here:



http://www.asapcreditcard.com/low-intere...



Of course, don%26#039;t expect to get an APR of 7.99% if you don%26#039;t have perfect credit. The interest rate you recieve is highly dependent on your credit score...



Hope this helps. GOOD LUCK!



What are good interest rates for a credit card?

anything UNDER 7% {Id go for 3.9% thats good}



watch out for credit cards, with some, all you have to do is THINK about renting a car and they soar up to 32%..I know loan sharks here in Vegas that charge less interest, seriously.!



What are good interest rates for a credit card?

The lowest rates for credit cards are around the prime interest rate (8.25%). Anything between that and 10% would be considered low. Average rates are 10-13%. High rates are up to 24.99%



I actually have one credit card with a 3.99% rate. It is not a teaser, (meaning it will go up in 6 months). This company sent me %26#039;checks%26#039; that carried this rate. I had previously carried a balance on this account at 8.99% (not a big one , but a balance. The hook for the credit card company was that my monthly payment would go to the lower interest rate balance first, extending the time I would be carrying my balance on the higher rate. When I got the checks, I paid of my previous balance fdrom my home equity line of credit, waited until it showed a zero balance, then wrote a check for the previous balance back to my home equity line. I was able to effectively change my rate from 9% to 4%.



Im sure they werent happy about the loophole I found.



What are good interest rates for a credit card?

Promotional rates would be the lowest and these can be anywhere from 0% to about 3 or 4%. However, they are usually only a temporary rate to get you to apply for the card.



Standard Rates



Low would probably be Under 9%



Average would be 9%-15%



High would be anything above 15%



There is also something called the %26quot;default%26quot; or %26quot;penalty%26quot; rate, which will be put in if you are late on a payment or go over your limit. This can be anywhere from 30% and up.



However, you can avoid ALL interest rates by paying the bill in full every month.



What are good interest rates for a credit card?

0% with no annual fee (normally 0% is for limited time) 7.99%to 9.99% is also good, goes all the way up to about 30%

Why is our car insurance rate based on our credit score?

It doesn%26#039;t seem fair to pay higher insurance because our credit is bad! What do you think?



Why is our car insurance rate based on our credit score?

Actuarial studies show that how a person manages his or her financial affairs, which is what an insurance score indicates, is a good predictor of insurance claims. Insurance scores are used to help insurers differentiate between lower and higher insurance risks and thus charge a premium equal to the risk they are assuming. Statistically, people who have a poor insurance score are more likely to file a claim.



The goal of every insurance company is to correlate rates for insurance policies as closely as possible with the actual cost of claims.



Why is our car insurance rate based on our credit score?

it is because they have evidence that the poorer your credit score the more likely you will get into an accident.



Why is our car insurance rate based on our credit score?

bad credit = irresponsibility.



Why is our car insurance rate based on our credit score?

If you credit is bad its a sign of irresponsibility.......a clear indicator of risk..........



Why is our car insurance rate based on our credit score?

I know insurance companies do it.. but to put it mildly, thats all bs. It%26#039;s like back in the mid 80%26#039;s, insurance companies wouldn%26#039;t write florists for disability insurance.. because THEY felt alot of florists were gay, and all would get AIDS or HIV. Personally, I don%26#039;t think your credit score is an indicator of irresponsibility at all. Wonder how the actuaries will figure in the sub-prime mess?



Why is our car insurance rate based on our credit score?

Because the data shows that lower credit score is an accurate predictor that there will be more claims, and those claims will also be more severe.



Why do 16 year olds have more claims? Why do people with lower credit scores have more claims? No one has done a study, so no one knows why. The insurance industry doesn%26#039;t CARE. The point is, the relationship exists, so it%26#039;s fair.



It%26#039;s a gripe of mine, that people LIKE discrimination when it works in their favor (like, you don%26#039;t have to pay the same life insurance rates as a guy who%26#039;s 80, and you don%26#039;t have to pay the same car insurance as a kid who%26#039;s 16), and only complain about it when it works against them.



Discrimination is FAIR, because it lumps like risks together. Otherwise, there would only be one rate, ya know? And I DON%26#039;T think you want to pay the same rate as that guy with five DUI%26#039;s.

Whats the best rates(or prices) on credit card/ debit machine?

does anyone use credit card machines for there business? if so whats the best deals, PLEASE DO NOT REPLY UNLESS YOU HAVE ONE!



Whats the best rates(or prices) on credit card/ debit machine?

Go with a Credit Union.



Compare the CU to the bank. You%26#039;ll be happy.



Whats the best rates(or prices) on credit card/ debit machine?

I know something like 1.9% is not bad

Wedding credit card?

My fiance and I are going to start planning our wedding and want a credit card with a low interest rate. The Knot has a credit card, but the rate is 14%! Doesn%26#039;t sound like a good deal to me. Anyone know of any cards similiar to this with a lower interest rate?



Wedding credit card?

Instead of a credit card, why not save up and pay for it cash? I had a friend who got SEVERAL cards for their overpriced wedding and ended up paying for the wedding 5 years into the marriage. In fact, it got so sticky financially for the newlyweds that they almost got divorced! EEK!



If you plan out a budget now...depending on when you%26#039;re date is set for, you should be able to plug away and pay for it and be wedding debt free!



Good luck!



Wedding credit card?

Why not find one that offers airmiles then you can save money on your honeymoon too! Virgin Money offers good deals that you can then use to book a Virgin Holiday with for your romantic break.



Wedding credit card?

Capital One has a fixed 6.99% interest rate forever. It%26#039;s pretty good for me as long as you don%26#039;t miss any payments. :)



Wedding credit card?

Check with your local banks and credit unions. I have a 0% card if paid on time every month, from my local bank. You don%26#039;t have to pay off the balance, just make sure the payments get there on time.



A good way to pay your bills is online anyways, they send you a reminder in your email and you can click on it and pay it out of your checking account, no charge. Have fun and happy wedding!



Wedding credit card?

Congrats on becoming engaged! A lot of cards will offer you 0% interest for the first 12 months (or some other length) and then the rate will go up. I%26#039;ve searched recently and found cards anywhere from 10.99% on up. My suggestion would be to check out the following website and compare cards:



http://creditcards.com/



See what card has the best offers (along with a low APR) and then go from there. I agree also about getting a card that offers some sort of air travel rewards or cash back rewards. Especially since you%26#039;ll be using this for your wedding you%26#039;ll be bound to rack up miles quickly! Good luck planning the wedding, have fun!

How do you gain credit ratings with experian?

Over the years I have cut my credit cards from 5 down to 2, I have one mortgage and will get another next week when I complete. I pay all my bills on time . A new credit card company has come up with a holiday offer, which I want to take advantage of, and then close the account, latest feb 2008.



If I apply for this credit card what will my rating be like? does it go up and down everytime you apply for credit cards? mortgages??



How do you gain credit ratings with experian?

The rules have changed. You can apply for a credit card without a negative effect on your rating.



One thing that you are doing that is a negative is closing the accounts after you settle them up. It looks better to have all these company%26#039;s waiting in line to give you money. If you have open lines of credit that what a bank see.



Always keep your mortgage up to date.

Investing off a credit card?

My credit card offers a rate of 1.99% annual interest on cash advances plus a flat rate service charge of 1% of the cash advance amount in order to borrow money from the credit card company.



(E.g. $5000 loan is subject to $50 charge + 1.99% interest)



Therefore I was thinking of taking out a cash advance from the card and throwing it into a high-yield savings account (4-5% annually) for a period of one year.



I know people say you shouldn%26#039;t invest with other people%26#039;s money, but this is a secure investment that is guaranteed to grow - not stocks. I also would not borrow more from the credit card than I am able to pay back at any time.



It seems I would in all owe the credit card people roughly 2.99% of the principal in interest, whereas I would be earning interest at a 4-5% clip.



The earnings certainly wouldn%26#039;t be vast, but considering the simplicity of the transaction I%26#039;m starting to wonder why not?



So - why not?



P.S. - no additional fees involved in opening the savings accoun



Investing off a credit card?

I don%26#039;t know why people are giving you so much grief. I%26#039;ve had (and have) cards like that that are guaranteed for life at certain rates.



For one year while the rate is that low, yes, the way you lay it out, it makes sense. Just be sure your gain (approx 1-2%) over that time is worth the effort.



Hope that helps!



Investing off a credit card?

You can visit http://www.debteraserzone.com and find very useful tips and several articles on credit card related matters. Report It



Investing off a credit card?

I think you should read the fine print. Most of the time those are low introductory rates to get you hooked on the card and then after a certain period of time the rates will go up. Make sure you read everything included on the offer of credit it may suprise you.



Investing off a credit card?

Yes if you like 4% per year minus costs and tax.



If you are really scared of losing money why don%26#039;t you learn more about how to make it.



I%26#039;m not trying to be rude..my last trading course cost me $3500. I%26#039;m not scared to prepare myself for some big wins in the near future.



Education will never go to waste and can make you easily 36% per year..and I learned how to do it!



Investing off a credit card?

NO-ONE loans money for 2% a year! Either that%26#039;s a short-term %26quot;introductory offer%26quot;, a monthly rate, a charge IN ADDITION to the card%26#039;s purchase rate, or you just read it wrong!



Or it%26#039;s a scam!

Sick Of Not Being Able To Get Credit?

At 18 I got a contract mobile phone, It got stolen one night, I had no insurance, Got a large bill which I could not pay so I ended up getting a default, but now at 27 I still can%26#039;t get credit, I can%26#039;t get a mortgage, I can%26#039;t even get a current account.



I got a copy of my credit report and there is nothing on there,I.E credit searches in last 12 months 0, credit score 503, 1 star rating, = You will find if extremely hard to obtain credit, well isn%26#039;t that true, I went to a computer shop tonight to buy a new PC on finance I got turned down and was really embarassed, Am I going to be tortured with this for the rest of my life???



I%26#039;m baffled as to why I am declined? I only apply for something once a year, I%26#039;m registed to vote, I%26#039;m just really fed up as I own nothing, When I had my contract mobile my bill was always paid on time so I pay credit back yet no one will give me a chance over something that wasn%26#039;t my fault.



Is there anything I can do?



Sick Of Not Being Able To Get Credit?

Number one ; you should have had the phone insured so you would not have been in that position in the first place.



Number two: try to get a contract phone with another company - low risk to them and it gets put on your credit file., and get a sub prime credit card like Capital One...they will start you off on a 鎷?00 or so limit. Pay all on time and wallah everyone else will throw money at you.



That is the answer to your question...but... do not let it take over your life and ruin it. Money is just a way of people who control you getting more and more from you...think of the drug pusher...gives you the first taste...well believe me, banks and credit card companies are Worse.!!!!!!!



Sick Of Not Being Able To Get Credit?

Go buy something that you will have to pay %26quot;on time%26quot; ( i.e. Sears, etc) not rent a center because I don%26#039;t think that will boost your ratings. Take a small bank loan and make payments on the loan. The object is to establish credit.



Sick Of Not Being Able To Get Credit?

To be honest I had same problem and the thing is you need credit to get credit mad I know .I had the same problem and have a step account with natwest been with them 6 years andstill unable to upgrade then I got a Capital 1 credit card high intrest I know but since this I have been able to get credit everywhere...Try debtbusters web site to see if you can get a credit card as have loads of options..



Good luck



Sick Of Not Being Able To Get Credit?

Hum..you never mentioned %26quot;income%26quot; or how you handle your bills (if you have any, I would assum you do pay rents and stuffs like that...) when you described your situation. The very fundamental for you to be able to have credit is to have the ability to pay back the money you owe. If you have a STEADY income and maintain a good standing with your checking account, that means you have good relationship with your bank. You have to be with the bank for at least a year or two...then try to apply for the bank%26#039;s credit card. So have your fundations of income, good standing checking account with good relationship with your bank, then try to apply for the credit card then start to built up your credit by paying on time.



Sick Of Not Being Able To Get Credit?

Make a step back and get all 3 credit reports: Equifax, Experian and Callcredit (UK); you will never get a clear picture from 1. You can get the 3 of them at www.checkmyfile.com.



You might found that you have that default mentioned in one of the reports, or something like that, but you will know what to do then.



Sick Of Not Being Able To Get Credit?

You can write to the mobile phone company and ask them to put a notice of correction on your credit file to remove the default. A default will remain on your file for 6 years after it has been satisfied - i.e paid off. If it%26#039;s still not been paid off it will be showing as an outstanding default and you will not get any credit.



You need to call the mobile provider to get this cleared up asap.



To start re-building your credit file the first step would be a current account but you need to get sorted out with a correction first.



Sick Of Not Being Able To Get Credit?

yes, don%26#039;t worry at all, it%26#039;s not as bad as you think. just don%26#039;t miss any future payments as this will up your score. try, www.haven-finance.co.uk a friendly and proffessional service who cater for people with low credit ratings and offer very good deals.

What Credit score do I need to get the best rate without a co-signer?

I have around $30K in private student loans that I had my brother co-sign with me on. I am paying Prime + 0% which is really nice, but I wanted to consolidate and use the LIBOR rate(which is lower then prime, I would save over 2K in 10 yrs by dropping just 1% point). I have what I think is a very good credit score (~760) and wanted to get the best rate and try to avoid asking my brother to co-sign again. Is my score high enough to go in alone without and co-signer and get the best rate? Thanks in advance.



What Credit score do I need to get the best rate without a co-signer?

Your score is fine. It depends on what your score is made up of.



Credit score is based on the following;



1. Pay history 35%



2. Time in bureau 15%



3. New credit 10%



4. Type of credit used 10%



5. Debt to income ratio 30%



As you can see 1,2%26amp;5 are the most important as far as score is concerned.



The problem that people run into is that they have nothing to qualify them for what they are attempting to borrow money for. Lenders look for whats called %26quot;like credit%26quot; when they look at a application.



I see people every week with 700+ scores that are made up of nothing but 1 credit card with a $500.00 limit paid 15-times and a couple of student loans and I can%26#039;t get them approved to buy a car because they have no %26quot;like credit%26quot;.



Score is not everything no matter what anyone says.



What Credit score do I need to get the best rate without a co-signer?

Your score will be fine to get a loan wihthout a co-signer.



That%26#039;s assuming ofcourse that youv%26#039;e been paying your other accounts on time. Good luck.



What Credit score do I need to get the best rate without a co-signer?

You should be fine.... 800 is the best credit score!!



What Credit score do I need to get the best rate without a co-signer?

Generally the best loan rates are reserved for people with credit scores of over 720. So with a score of 760, you definitely have %26quot;A%26quot; credit and would qualify for the best rates. A few articles on msn.com and bankrate.com explain that once your score is over 720, it%26#039;s not worth the hassle to keep raising it...once it hits 720, you pretty much have complete clout in the credit world. However, I am assuming that you have stable income...because if you have a high credit score but no income, then you might not get the best rates, since a lot of private loans factor income and debt-to-income ratios into the equation when approving you for loan products.

How can credit card company do this to me?

I have a VISA credit card with $2000 credit line. When i signed up for it, the APR was very low. However, in the past month i went over the credit line accidentally and didn%26#039;t know about it.



So i got fined $40 for going over the line and then my APR skyrocketed to 35%. It more than tripled only because i accidentally went over $2000 in the last month. I do not have health insurance so i used my card for medical treatment of bone fracture when some car hit me and didn%26#039;t stop even though i was standing on curb.



I now see that the minimum payment became like $200 all of a sudden. Before it used to be that minimum payment was never more than $15 to $20.



Based on this kind of increase, i will never be able to pay anything more than minimum payment.



Why was i not told that if i go over credit line then APR rate will explode?



Also if accidentally for first time i went over, due to medical emergency shouldn%26#039;t the visa credit card company be considerate enough to forgive?



How can credit card company do this to me?

Read This!!



Okay good news, call them up tomorrow and tell them your calling to cancel your card when they ask you what they can do tell them your transferring balances due to interest rates. Works every time. Be very nice to who ever you talk to. and they will offer you give you another chance.



How can credit card company do this to me?

You should have read the fine print. The credit card company does not care what the reason was You can try to call them and explain what the reason was and try to work something out; but my guess is all that was in the very fine %26quot;you need a magnifying glass%26quot; to read it print. Good luck.



How can credit card company do this to me?

Credit card companies, like banks don%26#039;t care. They want you in debt. If you look at your credit card application, you will probably find this information in the fine print. No one ever reads the fine print, and that is what they are counting on. Go and see your bank manager asap and ask how this, if it can, be changed.



I gave up credit cards 10 years ago, and I would never ever have another.. I have a rule..if I can%26#039;t pay cash for it, I can%26#039;t afford it. I don%26#039;t owe a single cent and I sleep well.



How can credit card company do this to me?

Credit card companies should just be avoided. They will do anything they can to keep you in debt. The minimum payment will aways keep you in debt, an be reduced as you pay it of. Credit card companies in their agreement state that the agreement could change at any time and at their discresion - so yes they can get away with and it also states the charges for overspending. Theres not alot you can do. If you think your going to find it hard to pay of, take out a loan which will be at about 15% apr, use it to pay of the credit card, cut the credit card up, put it in an evelope with the letter stating the APR increase take a big black marker an write F**K OFF across it send it back a pay of the loan in easy cheaper installments.



How can credit card company do this to me?

Oh, it%26#039;s all in the fine print. I%26#039;m sure if you read the tinny tinny print on the info that came with the application that this whole 35% thing is spelled out there. :-(



Here%26#039;s the dumb thing - if they are going to have a limit like that, they should decline purchases. Did you go over because your interest pushed you over? Minimum payments, in some cases, may not even cover the interest (i.e. you can be paying but still have your debt grow).



Call your credit card company. Typically they will work with you in some way.



Your state may have a maxium APR that is allowed by law. Many states this is like 21%. So the 35% may not be enforcable in your state. Find out what your state%26#039;s law says.



Minimum payments are a bad deal. If you were making the minimum of $20 every month, that takes like years to pay off. Credit cards, in and of themselves, are lousy instruments of credit. You probably would have gotten a better APR from the hospital. They typically would allow you to pay on a payment plan, and may not have even charged you interest. If they did charge you interest, it would have been way lower than 35%.



Well, what is done is done. You need to talk to the credit card company about this problem and see what they can do to work with you. Then you need to pay this off as fast as humanly possible. Then, you need to stop using the credit card.



Dave Ramsey has an execellent class called %26quot;Financial Peace University%26quot;. Take it if you ever get the chance - it will be extermely helpful, especially for someone like you who is about to enter the workforce. He has a radio show too, maybe you can find a station in your area that carries it and listen to it. Probably pick up a lot of good tips there.



How can credit card company do this to me?

First, the bad news, you were told of all the bad things that can and often do happen when you %26quot;default%26quot;. This was all in writing, in fact you agreed to these usurious rates and fees! It is all of that fine print in the cardholders%26#039; agreement, that you accepted the first time you used your card.



If your account has been in good standing, a call to the card issuer may get you some relief, but do not count on it. APR rates on this card may also be adversely effected by how you perform on other obligations that are part of your credit report. In essence best advice for future is, use your credit very cautiously. Now, call the company and see how you can best work this out. Good luck!



How can credit card company do this to me?

When you signed up, you received %26quot;promotional%26quot; terms and you agreed that if you broke certain rules, the promotion would be discontinued and the account wold convert to standard terms. You did read the rules before you signed up, didn%26#039;t you?



How can credit card company do this to me?

They can do it and you were told in the %26quot;fine print%26quot; (either hard copy or electronic) when you accepted the card. Is it fair? Perhaps not. But it is legal - when you busted your limit, you trigger the %26quot;default rate%26quot; interest adjustment.



How can credit card company do this to me?

The little disclosure notice that comes with every credit card has all the details in it. Most people like you don%26#039;t read it. What they did was in the agreement you signed when you got the card.

Does a Credit Union have the right to change your interest rate from what is in your contract?

I was an Assistant Branch Manager at a small town credit union while my husband was working in the town. We refinanced our vehicles through them at a low interest rate and maybe a year later, we found out that we were being relocated. Approx 3 months later we got a letter in the mail saying that since I was no longer an employee and since we had moved out of state, they were raising our interest rate by 8%!!! Is that legal? I%26#039;ve never heard of that before, and I just got a new statement from them...the rates are horrible and we are planning to refinance here locally, but still wonder if the rate change was justified? Can someone please shed some light?



Does a Credit Union have the right to change your interest rate from what is in your contract?

It is possible. There are 2 parts to your interest rate hike, first is you being an employee and second not being in-state.



The first part is very likely, you were probably given special employee discount on the interest rate. So when you left the CU after such a short time, you lost that discount.



Secondly, when you moved out of state, I%26#039;m guessing, you changed banks? Credit Unions charge higher interest rates to those who are not members.



As an Asst Branch Mgr, I am suprised that you would not know these things.



Does a Credit Union have the right to change your interest rate from what is in your contract?

Only if there is a clause in the contract giving them this right.



Does a Credit Union have the right to change your interest rate from what is in your contract?

You were an assistant branch manager and you didn%26#039;t know the Credit Union Bylaws? Read your contract, like you should have when you took out the loan. If it%26#039;s not stated on the loan contract or on your employment contract or office handbook, then no, they have no right.



Does a Credit Union have the right to change your interest rate from what is in your contract?

this is not possible because a contact has being signed by both parties, and therefore nothing can be added or removed or less with the agreement of both parties, in this case a new contract will be written. it is very illegal and un proffessional to say the least, for them to have increased the interest without a notice and agreement.



i think you should stick to the first contact or sue if neccessary.



good luck



Does a Credit Union have the right to change your interest rate from what is in your contract?

Read the contract. If there is a provision in the contract for raising the rate, then they%26#039;re justified, if not then you have a case against them. Having worked in banking for several years, I%26#039;m very confident that the Credit Union has such a clause in the contract. Read the contract... Carefully!

I am refinancing my car and was wondering if paying off my credit card will get me a better interest

Will paying off my $900 balance on my credit card get me a better interest interest rate when I am about to refinance my car? should I close any open accounts that I never use before applying to refinance? My current interest rate is about 22%!! Do you have to prove employment when refinancing? my credit score is about 655. Thank you!! :)



I am refinancing my car and was wondering if paying off my credit card will get me a better interest rate ?

DON%26#039;T close open accounts that are in good standing, unless you can wait several months to refinance your car. Closing accounts in good standing actually LOWERS your credit rating because it alters the amount of credit available to you. And really old accounts in good standing HELP your credit rating. So if you still have your first credit card, and it is in good standing, then leave it open.



Second, what is the available credit limit on the card you owe $900 on? Having a balance less than 35% of the limit is considered good. A balance higher is bad, so pay some down if it above that percentage.



You do need to prove employment when refinancing.

What is a decent interest rate on a HELOC (home equity line of credit). ? we have very good credit a

household income is around 130k. we have a mortgage loan of 280,000. our HELOC interest rates is the PRIME RATE plus 3/8ths.



we got this home equity line of credit with Countrywide Financial. Our mortgage is with JP Morgan Chase. I%26#039;m wondering if I could have done better on the HELOC by going straight to JP Morgan Chase for the HELOC and possibly might have avoided the $500 closing fee? Is this a bad deal I have with Countrywide? Do others know if Countrywide is competitive. I should have compared more before I got the loan. Does Countrywide loan to risky customers and therefore expect a higher interest rate from all its customers?



What is a decent interest rate on a HELOC (home equity line of credit). ? we have very good credit and our?

you definitely should have done research before going into any loan with any bank. Most banks are prime- 0.50% and you probably should have looked around for one that didn%26#039;t charge closing fees.....the good news is, do your research now, wait a few months and pay off this one with a more competitive offer.



What is a decent interest rate on a HELOC (home equity line of credit). ? we have very good credit and our?

this site help you to get home loans.it%26#039;s help ful to you hope



http://www.freewebs.com/***********



What is a decent interest rate on a HELOC (home equity line of credit). ? we have very good credit and our?

You should have gone to your bank first. My bank gave me Prime - 1%. I got an additional .25% reduction in the rate for linking payments to the checking account.

Will i need to have good credit if i want to switch from and adjustable rate mortgage to a fixed rat

i am not looking to refinance or anything. it%26#039;s just that my mortgage company sold my loan to another company. the new mortgage company lowered my monthly mortgage payment by 400.00 because they said i have an adjustable rate mortgage. my original loan papers states that my rate wasn%26#039;t suppose to change until 2012, but the new mortgage company changed it this year. they also told me that the new mortgage rate will change in september of this year. do i have to have good credit in order to switch from an arm to a fixed rate?



Will i need to have good credit if i want to switch from and adjustable rate mortgage to a fixed rate mortgage

Yeah !! switch over to a fixed rate when the interest rate hits rock bottom.



Will i need to have good credit if i want to switch from and adjustable rate mortgage to a fixed rate mortgage

you have to have good credit to do anything if life that requires financing.



Will i need to have good credit if i want to switch from and adjustable rate mortgage to a fixed rate mortgage

Go back to whoever wrote your original loan and ask them to go over the papers you signed and explain everything to you. If they are not available, you should go to a mortgage professional at a local bank with all your papers and sit down with them and ask them.



Do this NOW before any payments go up. In order to qualify for a new mortgage (you cannot just %26quot;switch%26quot; - you will need to refinance and that means a new mortgage), yes your credit needs to be good.



Rates are quite low right now so check into this now. One warning: quite often, these ARMs had prepayment penalties. Make sure you look into that before you do any refinancing. The amount it costs you in prepayment penalties now might effect whether or not you should refinance now.



With the difference between the mortgage payments (which sounds strange to me), I would definitely have someone knowledgeable look at everything you have (including any communication you have from the new company) and let you know what your options are.



Will i need to have good credit if i want to switch from and adjustable rate mortgage to a fixed rate mortgage

One of my friend asked me a similiar question before,we found helpful luck here.http://mortgage.specialistideas.info/mor...



Will i need to have good credit if i want to switch from and adjustable rate mortgage to a fixed rate mortgage

Hi,



I used %26quot;Credit Solution%26quot; to settle my loans.They managed to reduce my loans up to 58%.It%26#039;s legitimate.I came across this company on NBC News Special Edition.Check it out here:



http://tinyurl.com/2mbuq6

How easy is it to get a credit card if I haven't established any credit?

I%26#039;ve never had credit, and the three credit reporting companies have no information about me (I%26#039;ve checked). How easy is it to open up a credit card, and what rates and limits can I expect on it?



Do they treat me like I have a credit score of 300 or something more average like 600?



I%26#039;m 18 years old if that matters, but my parents want me to go it alone, so I can%26#039;t co-sign.



How easy is it to get a credit card if I haven%26#039;t established any credit?

I work in the credit card industry making decisions on whether to approve or deny credit applications and credit line increases, so I know firsthand about your situation.



The easiest credit card, hands down is a secured credit card. How a secured card works is that a deposit is placed upfront which is used as collateral to establish a matching credit line. For example if you deposit $300, then your credit limit is $300, deposit $3000, your limit is $3000, and so on. The deposit is only used for nonpayment on the account if it%26#039;s sent to collections, but it%26#039;s given back usually after a year or so, once consecutive on-time payments are made, and the card upgrades to a regular card. Major banks like Wells Fargo, Bank of America, USBank, Citi offer these.



A tip on how to build credit not just with these types of cards but with any cards is to make SMALL purchases($20/max) or purchases that you can afford to pay off in full, on time, every month. This way, you don%26#039;t rack up a lot of debt, but you%26#039;re still building credit at the same time.



Also, in addition to building credit with a credit card, I would also suggest you enroll with PRBC, which is a new credit bureau that reports rent, cell phone, utilities, and other accounts that don%26#039;t report on the 3 main agencies, as alternative credit. I posted links that explain this more in detail also.



Good luck!



How easy is it to get a credit card if I haven%26#039;t established any credit?

I had the same problem when I was your age. I applied with a few different companies and eventually got a visa card through the bank where I have a checking and savings account. For example; if you have a Wells Fargo checking and savings account, apply for a Wells Fargo Visa/MasterCard.



I had a pretty low limit ($500 I think), but after making the first few payments in full and on time it quickly went up.



I%26#039;m not sure why, but I think having a savings account in addition to a checking will work in your favor. And of course being employed.



How easy is it to get a credit card if I haven%26#039;t established any credit?

Credit card companies are quick to respond to the growing trend of Internet users by offering online credit card application. As you might have noticed, many credit card companies whether online or offline for that matter, announce they offer the best credit card online, even with instant approval if you apply for it on their website. This method allows the applicant to get approval within a few minutes after submitting the online application form at the company website. Although this isn閳ユ獩 truly instant credit card application, it definitely saves some time when compared to the traditional offline process. The approval process takes only a few minutes, but the credit card company will still need to manually mail you the physical card. This may take up to 10 days before you receive it.



It could take up to a month or two before you receive your credit card if you apply for one via the more tradition ways. You would have to visit the office of the card company personally or call up the customer service hotline to request for an application form to be mail to you. Then, once you have submitted your supporting documents you will need to wait for a reply as the company runs a check on your credit history.



The good thing about applying online for a credit card is that you know if you are approved for it or not within a fairly short time. Another advantage of filling in the application online is that it also allows you the opportunity to compare the cost of credit offered from a lot of different card companies.



There are certain limitations on who is eligible for an instant online credit card application approval. Most instant credit card application offers are targeted to people with good credit records. The competition on the credit market is so high today, that some companies are willing to include people with less than fantastic credit scores in order to get customers. The bottom line is that even if your credit history is not so good, you have the ability obtain an instantly approved credit card. So regardless to what your credit rating is, there is no reason not to use an instant credit card application.



Your credit card application will usually get approved instantly if you maintain a healthy and excellent credit history. However that does not mean that your application will be rejected if you credit history is less than perfect. With so much competition going around in the credit card industry, many companies are willing to take the risk and accept applicants with average credit history. Some of them even provide a card for those people with bad credit.



Before submitting your application online, take the time to do some research. Make sure you visit a legitimate credit card directory to compare card information first. Compare cards and consider the benefits that you want to receive as you do your research. You will also want to read the terms and conditions, yes I know they are enough to put you to sleep, at least once. The important items to take note of are annual fees, interest rate during the introductory period, interest rate after the introductory period, length of grace period and minimum payment amount. Pay particular attention to late payment fees and other unusual penalties. Call up the respective credit card customer service department if you have doubts or any queries with the terms and conditions. Take to time to get the card you want that will serve you the best.



Remember, once you get the credit card, that you should always use your credit card in a responsible way. By paying your outstanding balance before the due date and, if possible, pay the entire balance each month to save on interest fees you will ensure that you do not get into debt problems. Your credit score is directly affected by paying your bills on time.



http://loan--house.blogspot.com/2008/03/...

Politcal candidates and credit cards?

Do you feel that it is significant that not a single candiate has addressed credit card %26quot;malpractice%26quot; in this economy where people have been forced to use credit cards. My friend got into financial stress and made only the minimum payment on a credit card; The interest rate was 8.8% Her rate went to 28% for only making the minimum payment...no other reason. Because Chase owned the card, she had 3 other cards that went to 28% because Chase owned them all. They have many other tricks as well.



Politcal candidates and credit cards?

the whole american poltical system is designed so that candidates won%26#039;t ever answer those questions.



they get the cash to run their campaigns from people like Chase, so obviously they wont start criticising them.



i find it ironic that america%26#039;s self stated mission is to bring democracy to places like Iraq when your country is so glaringly plutocratic.



i feel relly sorry for your friend, i hate the way banks exploit people like that it%26#039;s so immoral.



Politcal candidates and credit cards?

mnnmnm go on http://rayworld.forumcommunity.net/



Politcal candidates and credit cards?

Ahhhhh what a shame!



Politcal candidates and credit cards?

Considering that many members of Congress carry high credit card balances, they are aware of the traps. However, they are also aware of the high dollar amounts of campaign contributions made by the major credit card companies. Their lobbyists are among the best funded.



They frequently consider changes, but rarely do any acts result.



Politcal candidates and credit cards?

%26#039;malpractice%26#039; ?



sorry ur friend was/is a consenting adult?



therefore it is her Responsibility to Understand what she signs for NOT THE GOVERNMENTS



Responsibility is what is lacking and Governments are not who give responsibility.



ur Friend need to get budget .



2 more pt/tm jobs and pay the bills then never ever do it again .



understand life has many snakes in it .



when u play with snakes YOU get bite.

18 years old, NO CREDIT, need to build credit.... where to begin?

I just recently turned 18 years old. I%26#039;m looking to start building my credit.. I had decided to get one credit card with decent rates and keep it paid for a while, and eventually build it up like that. I must eventually get an auto loan, however that%26#039;s not an issue at the moment.



My problem is, I cannot be approved for ANY cards I am applying for, even from Capital One of all places (which was my last resort). I have NOTHING on my credit history whatsoever at this point.



I am employed, and have been for a little over 6 months.



I was going to start off with a department store credit card, however they all appear to require a driver%26#039;s license, which I don%26#039;t have.



Any suggestions, other than %26quot;don%26#039;t get one%26quot;?



18 years old, NO CREDIT, need to build credit.... where to begin?

Several ways to start building credit. have an open bank account, cell phone in your name, or utilities. Also if you do have a bank you can ask them if they offer a secured credit card. Thats where you open an account and deposit a certain amount of money, and your credit line will be determined on the amount you deposit.They will hold this amount in the account untill you have proven a payment history.



18 years old, NO CREDIT, need to build credit.... where to begin?

get a driver%26#039;s license



it is a credit tracking tool to make sure you pay



then get the department store card - and ONLY



charge what you can pay off by the due date



-then get ZERO interest



like my Citibank card - 21% - and they have yet to get a dime of interest



have a great 2008



18 years old, NO CREDIT, need to build credit.... where to begin?

If you%26#039;ve not already done so, open a checking or savings account too.



18 years old, NO CREDIT, need to build credit.... where to begin?

you can try get a secured credit card from a bank. i know wells fargo offers one. i think you need to pay some deposit to get one. but when your credit is good enough, they%26#039;ll return you the deposit.



18 years old, NO CREDIT, need to build credit.... where to begin?

It is important to build credit in American society starting at a very young age. The reason that it is increasingly important to build credit is because of the standard developmental stages American adolescents and young adults go through. After leaving home, a majority of American children go on to college. In order to be able to afford the expensive items (like textbooks) and the fun activities (like Spring break trips), it is sometimes%26lt;!--necessary to rely on credit. You want to build credit which reflects your credibility as a borrower. In order to build credit of this kind, you will want to follow a few simple rules. The first is to make sure that you pay off the balance of each credit card in full at the end of each month.



http://best-loans.awardspace.com/repairc...



If you build credit early, it will be there to access during your starving college years, when you may need it most. After college almost always comes a car, a family and a house, all of which bring their own financial obligations and each of which requires that you increasingly build credit which reflects your stages of growth.Other keys to build--%26gt; credit are to always make payment early or on time, to make sure to always stay within your given credit limit, and to avoid applying for numerous credit cards. Regular monitoring of your credit report is also important because, once you build credit, you don閳ユ獩 want it destroyed by computer errors or, worse yet, identity theft.



18 years old, NO CREDIT, need to build credit.... where to begin?

when getting a credit card to build credit your first card will have high interest and annual fees plus you will not get approved by the bigger credit card companies because they are not willing to take the risk. but there are other companies that will help you get started my suggestion is get one of this credit cards and once you have stablish credit for about 6-9 months apply for a better credit card and drop the first one you got, check out www.fastcreditcardapprovals.com and go under poor or no credit they will give you different choices, good luck

Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

I assume most democrats on here will emphatically say %26#039;Yes%26#039; . That%26#039;s fine . Cause it%26#039;s true . It got republican votes too , but undoubtedly Congress is controlled by Democrats . Dems deserve the %26#039;credit%26#039; .



So don%26#039;t you think they should also take %26#039;credit%26#039; for their 3% approval rating on the handling of the Iraq war ? Yes it%26#039;s 3% .



The president%26#039;s approval rating on the war is at 24% , not good but one must recognize that it%26#039;s 8 TIMES HIGHER than Congress .



But let%26#039;s hit an even bigger discrepancy . Iraqi Parliament . The Iraqis have passed over 60 new %26#039;bills%26#039; this year . Yet our Democratically controlled congress and senate have the audacity to demand much more from the Iraqis in this short period of time , and our own damn Congress hasn%26#039;t done as much as the Iraqis .



Hypocrisy ?



Denial ?



Or. . . . . Nothing to see here people , everyone look the other way. .. . afterall , we%26#039;re on our much deserved vacation even though we chastised the Iraqis for taking vacation when they DID MORE



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

Of course they should take credit for their agenda to increase union wages, thereby driving more manufacturing jobs overseas and cause more small, struggling companies to go out of business because they can%26#039;t afford to pay that high of a minimum wage!



The absolutely only *real* rationale for an increase in the minimum wage is to provide a higher floor for union wages increases and I%26#039;m sure their primary reason for increasing the minimum was to get more political donations from the union bosses!



Over 75% of minimum wage jobs go to high school and college students for summer and part time jobs students and for entry level laborers. If anyone ever does a study on minimum wage jobs and makes the results public to the general populous, as Rush Limbaugh has done for his listeners, one could easily find that factory workers generally stay at the minimum wage level for six months or less! By then the non-student workers are either fired or given raises and don%26#039;t usually have families to support until a few years later, when they are earning a lot more money!



BTW: President Bush%26#039;s approval rating has climbed to 33% in the latest polls; but I don%26#039;t know what Congress%26#039; current approval rating is! Maybe minus figures?



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

You mean the %26quot;credit%26quot; or the %26quot;blame?%26quot;



Interesting question....



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

The democrats voted against a minimum wage increase 2 times before. Why? Because the republicans wanted cuts in other taxes.



http://www.cbpp.org/7-28-06tax2.htm



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

I think it is funny how much some folks wish to blame everyone else...



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

It would be more like taking the blame, no?



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

Democrats are not for the small business man/ or woman so I say yes give them the credit.



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

I think congress should work for minimum wage and take credit only for being the most useless non productive group of employees Ive ever seen, we need to make Donald Trump the speaker for a day and the pres pro tem just long enough to say %26quot;your fired%26quot;



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

yes



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

The 3% approval rating reflects American%26#039;s attitudes towards this horrific and wasteful war.



No hypocrisy. No denial.



No winners either.



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

Does the 3% approval rating suck? No doubt.



Is the congress 100% democrat? No. It%26#039;s about evenly split between both parties so there is plenty of dissatisfaction to go around for both parties.



As for the Iraqi parliament, what were the new bills they passed? How many of them were procedural? For the non procedural bills, what exactly were they for and how many of them are the type of bills you would expect from a government essentially starting from scratch?



No denial or hypocrisy. Just more thought than went into the original question.



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

I do believe they should take the blame, er credit. The minimum wage is nothing more than a sham. After all, if people truly feel that government should mandate some kind of minimum (liveable) wage, why not suggest $100,000 per year?



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

Feel Good Legislation at best



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

The 3% approval rating is not surprising. Most democrats don%26#039;t think they are doing enough and most republicans don%26#039;t like them trying to do anything at all.



The Iraqis need to get their butts in gear. They have to build a government more or less from scratch. we don%26#039;t. But if you want the dems in our congress to do more, take away Bush%26#039;s veto stamp. I suspect that you don%26#039;t REALLY want a bunch of dem legislation going through though.



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

Please spell out exactly what you are trying to blame on the democrats. You have so many disconnected thoughts here, I really don%26#039;t know which one to answer and will not waste the time to answer them all.



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

of course...if it were left up to the Reps, there would be NO minimum wage.



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

The Democratically controlled Congress is trying to do things in order to get our troops home, with as many still alive as possible. And as pulling out the troops has been voted down, their next option was to set benchmarks in order to prove or disprove to the average American citizen that progress was being made in Iraq.



I%26#039;m not too happy with Congress either these days, but that%26#039;s more to do with bills for change being killed on the table or vetoed. Which would put the blame on the Republicans in Congress... and Bush.



How about we make the Presidency and Congress (both parties, of course) into positions with middle-class salaries, no benefits, no perks, and then see how much they actually get done for the American people?



Do You Think Congressional Democrats Should Take Credit For The Minimum Wage Increase ?

Yes, they can take the credit/blame.



In my state most of the people working for minimum wage are teenagers.



The kids all thank congress for the kickin new wordrobe and spending cash.

Does interest rates going up impact the total number of credit card applications in this country? Go

Doing some research on the credit card industry. Trying to see how economic factors and not just card/transfer rates impact how many people apply for cards, based on inflation, defaulting on loans and mortgages, etc. Overall economic impact.



Does interest rates going up impact the total number of credit card applications in this country? Good sites?

I think it would have some impact, but not to any extreme. It is like with gas prices being what they are now ($3.35 for regular unleaded where I live) they might force a few more people to take a bus or car pool, but the majority will still be driving each day. So to answer the question It would seem to me that their would be less applicants overall due to higher interest rates. Most credit card rates are above the prime rate and with the prime rate still being fairly high I would have to say less people are applying for credit cards.

Pay off credit card debt with ROTH IRA monies?

I have some credit card debt hanging over my head...most of it is from when i was unemployed a few years back. needed to use it for basics like groceries and rent (had no alternative).



i%26#039;ve negotiated my interest rates as low as the companies are willing to go and have good credit. however, the interest rates are still pretty high, so i%26#039;m getting reamed in the long run with finance charges. i want to pay at least one of the two cards off and close the account.



this debt is causing me stress, I can only afford to pay the min. payment each month and want to have more disposable income and money for my 401k deduction and savings account.



Any thoughts on using my ROTH IRA to pay off the debt? It will take nearly all of my IRA to cover the debt, so that%26#039;s the big concern. However, i%26#039;m confident i%26#039;ll be able to replenish it from other sources over the next few years.



FYI, I%26#039;m 34 in case that%26#039;s a question in terms of retirement timing.



Anyone do this and have any regrets? Thx!



Pay off credit card debt with ROTH IRA monies?

I wouldn%26#039;t do it man! That money is for a specific purpose. Unless it%26#039;s a dire emergency leave it there for that purpose. You said you are confident that you can replenish that money from other sources. Use those sources to pay off the debt instead. The time will pass and the debts will eventually go away. If you want to build real wealth you have to keep some of what you earn. You%26#039;ve built it, now keep it. You can look up a Debtors Anonymous meeting in your area. You%26#039;ll see there%26#039;s tons of people in a worse situation than yours. Don%26#039;t be stressed about it. Just pay it off. You%26#039;ll feel great! Good luck!



Pay off credit card debt with ROTH IRA monies?

You can only take out of your ROTH what you put in and not any of the gains. There is also a time limit that it needs to stay in but I can%26#039;t remember what it is. Besides, that ROTH money is growing tax free so you%26#039;ll be shooting yourself in the foot in the long-term (IMO) to take it to pay your credit card debt off.



Another alternative is to reduce, or stop - depending on company match - putting into your 401 at work and designate that money towards your credit card debt. Be faithful about using that money only for the debt and nothing else.



Have you looked into transferring the balance to another card altogether? You might be able to get a better interest rate if you combine the 2 into 1.



Pay off credit card debt with ROTH IRA monies?

Do not use the IRA to cover your debt. The penalties are way too steep. I crashed a business and used my IRA money to cover some of my debt. It was a huge mistake. Big time, do not do it.



You%26#039;re better off selling what ever you can to get the credit cards paid down. Take a second job if you need too, and get on a completely penny pinching budget...no dining out, no cable, no cell phones, etc.



Pay off credit card debt with ROTH IRA monies?

If you can only afford the minimun payments each month, then I would beg to differ with your assessment of the situation; you ARE in dire straits! It probably doesn%26#039;t look that way to you because most people live their lives that way! That doesn%26#039;t make it right...



It%26#039;s your decision, but I can promise you will live to seriously regret it if you cash out of the Roth or any retirement account. Especially since you are only 34.



If you don%26#039;t want to give up the cable (LOL), then get a second job and dedicate ALL of those earning to paying off the debt.



Cut all the cards up.



Pay off the smallest balance first (mathematically this may not make sense, but it will make you feel as though it%26#039;s not an impossible task), then the next, and so on.



Pay off credit card debt with ROTH IRA monies?

Don%26#039;t use the IRA money. What you do is pay more to the card with the higher interest rate until it%26#039;s paid off, then work on the second one. Will you be getting a refund from the IRS in April? If so, use all of it to pay down the debt.

What is a good interest rate for a limited credit frist time care buyer?

I have limited credit and I am looking to buy a car and I do not have a co-signer.



What is a good interest rate for a limited credit frist time care buyer?

As low as you can possible get! if you don%26#039;t have a co-signer, don%26#039;t expect much.



your best bet is to get prequalified before you go to a dealer

Does transferring balanced from one credit card to another with lower int rates hurt your credit sco

I did this once and was told it is not a good thing. However, transferring balances to a lower interest card seems like a smart thing, especially when even if there is a trans fee it%26#039;s less than interest on the higher card. Confused. thanks for any help you can give.



Does transferring balanced from one credit card to another with lower int rates hurt your credit score?

The only way that it will hurt your credit score is if by transferring the balance you cause that card to go over 35% of it%26#039;s available credit line.



Depending on what your actual scores are today it may be a good idea to cost yourself a couple of points in order to hang onto your valuable liquid cash.



Another remedy (again depending on your scores, you do not want to get turned down) is to have that card%26#039;s credit line increased before you transfer.



Let us know if we can further assist you!



Does transferring balanced from one credit card to another with lower int rates hurt your credit score?

no all it does is save you a bit more monies but take that monies that you are saving on the transfer and pay off the balance



Does transferring balanced from one credit card to another with lower int rates hurt your credit score?

I agree with the first person%26#039;s response. But I would add that if the account that has the lower interest rate that you plan to transfer to is a new account, then it could lower your score, because it means that new credit was recently extended and that is a negative factor.



Does transferring balanced from one credit card to another with lower int rates hurt your credit score?

It doesn%26#039;t hurt your credit score.



But it%26#039;s considered a bad thing, becuase you end up paying an extra 3% in fees up front.



$10,000 @ 20% = $508.96/mo * 24 months



$10,300 @ 16.9% = $508.76/mo * 24 months



The danger is that if you get a new card and transfer the balance, then you now have the old card with no balance, just begging you to take it with you to the store.



Does transferring balanced from one credit card to another with lower int rates hurt your credit score?

The smart thing is to pay off the cards in full every month or cut them up and get out of debt! Transferring doesn%26#039;t solve any problems...you need to change your spending habits so that you only spend what you can afford. Dave Ramsey (daveramsey.com) has a great program....and it%26#039;s free!

Shoud I keep $0 balance credit cards open or close them?

I just transferred 2 credit card balances to a better credit card - lower interest rate and cashback rewards.. Now, I have these 2 $0 balance Visa and MC credit cards, as well as a Bloomingdales and Pottery Barn credit cards that have been $0 balance for years, I think.. Is it better to keep $0 balance credit cards open, or is it better to close them, in reference to my credit score.?



Shoud I keep $0 balance credit cards open or close them?

Do your cards have an annual fee ? If they do then close them and save the money.



Store cards have very high interest rates. I would close them as well.



1 or 2 quality cards from major banks is best from a credit rating point of view. Lots of cards may hurt as the temptation is there to get into serious debt problems.



Ian M



Shoud I keep $0 balance credit cards open or close them?

Your credit score is higher when you have credit cards that have been open for a long period of time. I made the mistake of closing some I%26#039;d had a long time, and it negatively affected my rating by a few points. In my experience, you%26#039;re better to keep them open.



Shoud I keep $0 balance credit cards open or close them?

It%26#039;s better to close them. First of all, you don%26#039;t need them. Second, having more than one or two major credit cards hurts your credit score, because it means you could too easily get yourself deeply into debt. Third, it%26#039;s too much temptation. (As you know from experience, the more cards you have the harder it is to keep track of what you%26#039;re spending and the harder to pay it back, right?) You could keep the two store cards.



Shoud I keep $0 balance credit cards open or close them?

Get rid of them and invest your money instead



Shoud I keep $0 balance credit cards open or close them?

YOU SHOULD CLOSE YOUR ZERO BALANCE CARDS. IF YOU KEEP THEM OPEN %26amp; NEED TO GET A LOAN OR APPLY FOR ANY CREDIT..THE OPEN CARDS CAN RUIN YOUR CHANCES. THE CREDIT LIMIT ON THEM IS AVAILABLE TO YOU, %26amp; A THE NEW LOAN COMPANY WILL KNOW THAT THE MONEY IS AVAILABLE TO YOU.. %26amp; IF YOU USE THAT MONEY , YOU MIGHT OVER EXTEND YOURSELF %26amp; NOT BE ABLE TO PAY BACK THE MONEY YOU OWE THEM...SO THEY WILL NOT APPROVE YOU REQUEST. I KNOW FROM PERSONAL EXPERIENCE.



Shoud I keep $0 balance credit cards open or close them?

This is one of those %26quot;it depends%26quot; answers. Are you trying to break bad spending habits or trying to improve you credit score? If its habits, I would recommend removing the temptation and closing the accounts. If its credit score, then consider keeping the cards and charging occasionally on them. Credit bureaus like to see credit in use--after all they are in the credit business. Its always a good rule of thumb to never go above 50% of the approved dollar level, to pay on time (always) and to maintain a balance over a period of a 6 -12 months. You%26#039;ll always score better if you follow those rules. Sure its ok to go to zero balance, but then add a few charges. All this shows that you are a dependable consumer.



Shoud I keep $0 balance credit cards open or close them?

This depends on your balances. A number of things factor into your credit score.



Generally, old credit is better than new credit because you have a history established with that card. Leaving an old card open is usually a good idea if you have just opened new accounts. A new account is considered new for at least two years and any account over 7 years old is considered great for your score.



Too much available credit can hurt your score so take a look at your total available credit compared to your annual income.



Here%26#039;s where your balances will be the determining factor. A good part of your credit score is your used credit to available credit. If you just maxed out the new card with the balance transfers and then close your old cards, you will show 100% used credit which will hurt you.



Example:



$1000 visa (paid off)



$1000 MC (paid off)



$2000 New ($2000 balance)



this would give you $2000 used of $4000 available for a 50% used rate. Ideally, you want to keep your used to available credit ratio around 30%.



Shoud I keep $0 balance credit cards open or close them?

There are lots of opinions about closing or keeping the cards open.



A big chunk of your credit score is based on the debt to available credit limit ratio. If you close the credit cards, the total available credit limit goes down. This would make the debt a higher percentage. Also, closing an account, closes the history.



My personal opinion is that keeping credit cards open just for the sake of having a stack of credit cards is stupid. You have to monitor and secure those cards and they are all sorts of potential problems.



Close the store charge cards. Keep open the oldest major credit card without a annual fee and close the other.



Shoud I keep $0 balance credit cards open or close them?

Open. For some reason no one understands when you close accounts your credit score will go down.



Shoud I keep $0 balance credit cards open or close them?

Indeed balance transfer saves a lot of money and can save things from going worse, but many people simply don%26#039;t know the right way to do balance transfer. This article takes a look at the correct process to initiate and complete the balance transfer.



The first thing to look out, when a person wants to transfer his balances is a credit card which offers the lowest apr rates and lowest balance transfer fees. Many online credit card companies offer credit card comparisons. It is indeed a good practice to search for the credit cards using their services and decide on a credit card which offers the maximum savings. It is important to note here that balance transfer APRs depend on a person%26#039;s credit history. If the credit card in question offers the lowest rates, it is definitely for those with the best credit ratings. There are different balance transfer apr%26#039;s for people with lower credit ratings. So, it becomes imperative that one chooses the credit card which offers the lowest apr and balance transfer fees for his credit ratings.



When you decide for a balance transfer it doesn%26#039;t mean that your obligation for payments towards your outstanding balances with the existing credit card company cease to exist. You will have to pay the credit card company all the monthly payments. One way you can save money is to just send the monthly minimum payments to the existing credit card company. This way you won%26#039;t default and invite penalty.



The next step is to sign up with the credit card which you sought for transferring your balances, and fill up the balance transfer application. Read more from: http://www.credit-card-gallery.com/artic...

How is this fair about credit reporting?

Okay, no one ever said life was fair. But, I fail to understand the reasoning as to why a bad account stays on your credit file for (at least) seven years from the %26quot;date of last activity%26quot;.



For example, say you had an account that fell into collections in 2000; you would think it would fall off your credit report in 2007. But, say you took untill 2007 to pay the darned thing off. Now, the %26quot;date of last activity%26quot; on the account is 2007, so now the account will stay on your credit report as a negative for another 7 years...untill 2014. That%26#039;s a total of 14 years for one negative account!



How is this fair to the consumer? That%26#039;s 14 years to have a lower credit score, credit denials, higher interest rates, constantly having to explain the account should you apply for credit, etc.



Why don%26#039;t bad accounts just fall off after having first been reported as a negative? Why is the date of last activity so important? Where%26#039;s the incentive to actually pay the bill?



How is this fair about credit reporting?

there is no law that says the account must be deleted after any amount of time. usually it only happens as the information on the account fills up and the credit reporting agency must purge their files. if you pay off the account it will show up as a paid account. you have the right to put an explaination as to the resolution in the file so that when a creditor pulls your file they can read your side. becasue of the fair lending laws credit reporting has become more complicated and unfair to good people that have had something bad happen to them. it is fair credit reporting but only to the lender. congress has buckled under the pressure of the big banks. laws today allow the big corporations to file bankruptcy and eliminate their debt totally. as a private citizen you can only file a chapter 13, which will ruin your credit, and you still have to make payments until the debts are paid off.



How is this fair about credit reporting?

I wanted to clear up a couple very bad statements from kingdan3 for future readers



There IS laws on reporting limits - it is called the FCRA



The statement he made about purging files is SO wrong



You can have a file as thick as a NYC phone book things will NEVER be %26quot;purged for space%26quot; Report It



How is this fair about credit reporting?

Your incentive to pay off the bill is to be an honest person.



How is this fair about credit reporting?

It gives any company that wants to extend you credit a long term history of your financial background.



However, if you do have an account that went delinquent, but you paid the debt, you can write the company and ask them to have it removed from your report. You have to be persistent, but it can be done.



It took me 16 letters, and a few dozen phone calls, but it happened.



How is this fair about credit reporting?

You can contact the company that the money was owed to and have them let the collection agency know, which should remove the bad credit for that. If you are making payements still though, you may be able to get them to do the same if you are showing that you are in the process of paying them. Good luck with this!



How is this fair about credit reporting?

There is none. If you are going to be screwed for 14 years you may as well keep your money. Take a cruise. Unless you want to buy a house or a car then you are really screwed.



Dont you love it when they call and act like you owe them the money.



How is this fair about credit reporting?

I know this SUCKS !!! We are going throught this too !!



Our Bank just totally SCREWED us saying that we bounced our account 5 times - SO not true !!! We only bounced it once but they are saying 5 times %26amp; have yet to proove that really -but are holding are account in pending to report - If we dont pay it off by Dec our credit is damaged for 7 years !! And it was their mistake in the first place- the ATM%26#039;s have been giving false ammounts because vendors take out more money than you spent to make sure you have enough to cover your bill - I saw this on the news - This may be what happened to you - then the banks dont put that money back by mistake - They have been robbing us blind !!!



%26amp; now are threatening our credit from their MISTAKE !!!



I will never use another ATM card again !!!



How is this fair about credit reporting?

No, it does not work that way for an account that has been charged off and placed for collections.



If the account you are talking about has been %26quot;charged off and placed in collections%26quot; - it can only be reported for 7 years from the first time you became 30 days late and never brought the account current.



Listing any longer on your credit reports is re-aging and a violation



Go to the first link I%26#039;ve added and do some reading in:



6. Reporting Delinquencies -- Section 623(a)(5).



Dispute with the credit bureaus that the account is an obsolete account when you are within a few months of the 7 year mark.



If it is showing reporting errors, dispute those errors. If they do not correct the errors in the legal time limit they must delete.



You might also want to do some reading in the second link I%26#039;ve added. Start in the newbie forum and then in the credit forum. Learn your rights and how to use them. Learn how to deal with collectors and credit bureaus.



How is this fair about credit reporting?

Your first comment was best: %26quot;Whoever said life was fair.%26quot; GET THE IDEA OF %26quot;FAIR%26quot; O-U-T O-F Y-O-U-R M-I-ND!!!!!!!!!!!!!!!!!!!!!!!!!!! It%26#039;s not just a saying you quoted above!! IT%26#039;S A FACT, SO GET OVER IT!!!!!!!!!!!!!!!!!!!!! NOW, let me show you my example of how %26quot;fair%26quot; doesn%26#039;t play into things. I was trying to get an apartment in Colombus, Ohio about 7 years ago, and I had NEVER heard of anyone running a credit check on you AND CHARGING YOU $50.00 to do it as you applied to rent an apartment from them!! Now, I had no doubt that I had PERFECT CREDIT!! I knew I did because I always paid all my bills on time or before so, BUT, I kept hearing from all the property managers that I was denied an apartment or duplex or whatever rental property BECAUSE OF BAD CREDIT REPORT!! I couldn%26#039;t believe that, so I kept going from apartment complex to apartment complex, paying $50.00 per credit check, to have them all come back %26quot;BAD CREDIT HISTORY%26quot;. I was getting LIVID, and finally I decided to call the damn credit reporting people and ask just why and how in hell I could have a bad credit history. That just wasn%26#039;t possible!! Now, get this . . . and I hope you%26#039;re sitting down for this one . . . The woman told me that I got a bad credit history because one time, only a month or two before all this, I had failed to pay a month%26#039;s rent on some apartment I rented back in Texas. . . BUT, I OWNED MY OWN HOME AND WASN%26#039;T RENTING!!!!!!!!!!! So, she checked out the details on the %26quot;bad credit moment%26quot;(kinda like a bad Kodak moment!!), and guess what it was about! The woman who I was about to marry had a son in college, and he and his friends got in an argument over who was responsible for the last month%26#039;s rent, and somehow left the apartment without paying the rent, and it ended up on MY credit history, and he didn%26#039;t even have my last name, and never would and never has, and I wasn%26#039;t even married to his mother yet, but somehow, and you can figure how if you want to cause I never have been able to, MY LAST NAME ended up on this bad credit incident, and had, on that date in Colombus, Ohio, cost me $250.00 for 5 credit checks that said I had bad credit!!! Did I want to kill that %26quot;kid%26quot;??!!!! You damn right I did!! Have I ever liked that %26quot;kid%26quot;??!!!! You damn right I haven%26#039;t!!! But, as I explained the situation to the woman at the credit reporting place, she understood and expunged that bad credit stuff from my record. But I still had to pay the $250.00 for those %26quot;bad credit history%26quot; reports that those god-forsaken idiots in Ohio wanted as I applied to rent a place from them. You can bet I told my soon-to-be-wife about it all, and she better damn well told her son about it, and how FURIOUS I was about it. Now we%26#039;ve been married 12 and a half very good years, and I still don%26#039;t like her youngest son. And guess what he does for a living!! He%26#039;s a legalized, official DRUG PUSHER, as he works for some big pharmaceutical company making big bucks as an entry level %26quot;representative%26quot; with his own company car. Of course that%26#039;s not what he got his college degree in, but he was, and is, to damn whimpy to WORK FOR A LIVING!!!! So much for a %26quot;drug free America%26quot;!! And guess what I did for a major part of my professional life. I was a alcohol and drug counselor for 20+ years, and now I have a son-in-law who%26#039;s a %26quot;drug pusher%26quot;!! Oh, yeah. He%26#039;s legal since he makes big money as a %26quot;pharmaceutical representative%26quot;. So, is life fair?? GET REAL!!! Oh, and God Bless you. I know it%26#039;s tough, but you MUST NEVER put %26quot;fair%26quot; in any of your thoughts. It%26#039;s a self-defeating philosophy. God Bless you.