Archive for July, 2006
xcr0vvx asked:
I have 2 credit cards that are both past due pretty bad. Im in the process of selling my car and i plan on putting the money from the car into the credit card debt. My goal is to get a loan for a motorcycle.
I have 2 credit cards that are both past due pretty bad. Im in the process of selling my car and i plan on putting the money from the car into the credit card debt. My goal is to get a loan for a motorcycle.
After paying down my credit cards, how quickly will my credit score be affected? Should i wait a few months?
Fonda Magpusao
blondeqtpie13 asked:
Let’s say a customer owes $4,000 on his citibank credit card. What happens to that if Citibank goes under? Will another bank step in, buy the debts and make the customer pay them? I’m just curious because so many people owe on their credit cards. I know the debt won’t be forgotten, but who inherits the right to collect?
Let’s say a customer owes $4,000 on his citibank credit card. What happens to that if Citibank goes under? Will another bank step in, buy the debts and make the customer pay them? I’m just curious because so many people owe on their credit cards. I know the debt won’t be forgotten, but who inherits the right to collect?
Thanks!
Dudley Repass
spartyjon asked:
I thought that it was better to pay off and cancel all your credit cards before applying for a morgage. I asked a bank employee this question as I may seek a mortgage next year. She told me that it has changed somewhat. Now, it is to the buyers advantage to have many credit cards, with long history, and zero balances. I’d just like to position myself to the greatest advantage before seeking a mortgage.
Vicente Lawerence
I thought that it was better to pay off and cancel all your credit cards before applying for a morgage. I asked a bank employee this question as I may seek a mortgage next year. She told me that it has changed somewhat. Now, it is to the buyers advantage to have many credit cards, with long history, and zero balances. I’d just like to position myself to the greatest advantage before seeking a mortgage.
Vicente Lawerence
maxcat2005 asked:
I owe quite a bit on my credit cards and every month I make the minimun payments. I applied for a job where a backround check is be made which includes a credit check. Will I still get the position if I owe alot on the total of all my credit cards and only can make the minimun payment every month? Can a backround check include a detailed credit check?
Gilbert Profitt
I owe quite a bit on my credit cards and every month I make the minimun payments. I applied for a job where a backround check is be made which includes a credit check. Will I still get the position if I owe alot on the total of all my credit cards and only can make the minimun payment every month? Can a backround check include a detailed credit check?
Gilbert Profitt