How do you prevent credit cards from being issued to someone who can’t handle them?
Tuesday, January 30th, 2007tubman asked: I have been named legal guardian over a mentally-ill sibling who has gotten into trouble in the past with spending on credit cards above and beyond her means to pay. I have closed all current accounts, but what is the best way to ensure that no more credit cards are issued to her?Warner [...]
How can someone get a credit card if they are living in a country whose banks do not issue credit cards?
Tuesday, January 30th, 2007ftroop888 asked: My friend lives in Morocco and would like to get a Visa or MasterCard credit card to make online purchases. Unfortunately, no banks in this country, to our knowledge, issue credit cards. Is there an international bank or other solution? A low-limit card will suffice. Thank youRochel Struck
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What credit cards have the best rewards programs?
Monday, January 29th, 2007Sgt. Pepper asked: I’ve got all my bills paid off (school and credit cards) and i was looking to cancel all the credit accounts and just open one account with a card that has good benefits for using it. Then i’m going to pay my insurance, phone, car and other expenditures with that card [...]
Is having a lot of credit cards, but only using them sparingly, bad for your credit?
Monday, January 29th, 2007Doug G asked: I’ve opened a few credit cards lately, but don’t plan on using them, only for emergencies. Will just having 4 or 5 credit cars available for my use somehow hurt my credit score, or credit in general for future loans I might want?Rebecca
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Is it better to have credit cards with no balance or close them in order to have good credit or help build it?
Wednesday, January 10th, 2007tgrlvr333 asked: I have a few credit cards and only one with a balance, should I close the empty ones or keep them. I am trying to up my credit score and am not sure which is better.Amelia Lopze
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How many bank accounts and credit cards should I have?
Wednesday, January 3rd, 2007Pepper asked: I am currently a college student with 2 checking accounts (Wamu- 3 years & BOA- 1 year) and 1 credit card (Citi- 1 year). I have always met the requirements for my checking accounts and paid all my credit card bills on time. As for loans, I do have about $10,000 of student [...]