Archive for September, 2009

What is the cheapest way my new business can accept credit cards?

Tuesday, September 29th, 2009

Arenkay asked: I am starting a new parts business and I want to be able to accept credit cards (we already accept PayPal), but it seems so expensive for a business just starting out! How can I do this?Raphael Ostler

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How do I build credit of I keep getting turned down by credit cards?

Saturday, September 26th, 2009

Deco asked: I’ve applied to so many college student credit cards and keep getting turned down. Its bull!
I’ve applied to so many college student credit cards and keep getting turned down. Its bull!
And i can’t used things such as creditreport.com because they ask for my credit card number, which btw if you cant tell [...]

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What is the difference between personal credit cards and business credit cards?

Saturday, September 19th, 2009

cindasl asked: I have a few personal credit cards and I want to consolidate them. I am also self-employed, but I dont’ have a business credit card; although I get LOTS of ads for them in the mail. I’ve always wondered, what is the difference? Are there different rules or fees? Can you only use [...]

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Credit card company canceled my cards because they were not used, will that ruin my credit score?

Saturday, September 12th, 2009

milleniumgirl asked: I did not choose to close them. The bank companies decided to send letters stating that they were closing them, and I am guessing it’s because the economy is so bad. But I hope my credit is not ruined because of their decision to close my credit cards. Has anyone else [...]

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secured credit cards good for getting a mortgage?

Friday, September 11th, 2009

Gina asked: I want to try to get a mortgage loan in about 6 months. I have no credit cards. Would it be good for me to get 2 secured credit cards at this point?Juan Diem

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Can I pay off credit cards and ask for some interest to be knocked off?

Wednesday, September 9th, 2009

bootlegteen47 asked: I am going to pay off 4 credit cards. I want to pay these off and close the accounts and will cut up the cards. When I call to do this, I want to ask if they can knock off some of the interest since I am paying them off. [...]

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If I lower the limits on my credit cards will that hurt my credit score?

Saturday, September 5th, 2009

Mom2EandL asked: I have several credit cards all with a zero balance. Several have high limits and I was just denied a loan because I had to much credit. If I were to lower the limits on all the cards will that affect my credit score??? I have no outstanding debits an [...]

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