Mrbestvideostoday asked:

Skip to realestatenewscoverage.com for more information on How to Get a Credit Card After Bankruptcy

Aleksandra

sudymay asked:


My debt is too large to negotiate with the credit card companies. My only income is disability. I qualify for chapter 7. I have consulted with an attorney and he wants me to file. I still think it would be better to just live with the bad credit rather than have a bankruptcy on my record. I was told bad credit could keep me from helping my daughter(age 12) with a student loan for university; however, they would give the loan if a bankruptcy had been filed. Doesn’t make sense to me. I really would rather just not pay the credit cards instead of doing bankruptcy. Pros vs. cons.?

Either way it stink and I just want to make a good choice for the future. I feel like I can take-on the battle against the black-marks on my credit (after the 6-7 year statute of limitations for collections) better than having a bankruptcy show-up everywhere. It is like the first question on every document that a person fills out. It doesn’t seem like everyone asks if you have bad credit.

Adolfo Pilarz

mr_pycckui asked:


Yes, the idea was to force consumers to pay more to be able to get out of debt. And that is a good idea! Unfortunately the same rule applied to existing credit card accounts as well. So if somebody was on the brink of not being able to make more than the minimum 1%, then that would push them over their ability to make the payments, and they would have to declare bankruptcy soon there after. I know of several such cases! If you know of any similar cases please respond as well!

My suggestion is to go back to the 1% minimum credit card balance payment on existing credit card accounts, and have the 2% minimum on new credit card accounts only! What do you think?

Brooke

bestro211 asked:


I don’t really want to buy a lock box since someone can just take the whole thing. How do i keep my credit cards, wallet, money safe? Should i hide it? Like in my dirty laundry? I need some tips, what do you guys do to keep your money safe?

Cara

motorhomeheaven asked:


Three credit cards were issued for a single transaction which is a little suspicious; the cc numbers are very close to eachother as well. The grammar and writing style indicate a foreigner but that isn’t necessarily an indicator of any wrongness – just thought it worthy of noting.

Jim

hey asked:


As I understand, your credit score is partly calculated by how much you owe and your available credit. If an individual had no late payments on any cards, total available credit of 20K and 6K in debt, if that 6k is paid off right away, how long would it take for the score to go up?

Mike

Darren asked:


I am working on a paper for my college class and would like to get some feedback about the use of credit cards by American consumers. My assignment is to argue that Americans should not use credit cards. I have found several sites full of statistics but I would like to expand my sources of information for my paper. I appreciate and and all constructive feedback on the issue. Relevant links would also be helpful. Thank you for your help!

Abbie Wynkoop

xsaraxamx asked:


I’ve heard too many credit cards/open accounts can decrease credit. So far I have a secured Capitol One mastercard, Shell gas card and AE store card. In a couple months I’m going to try applying for an airline credit card. Would this be too many credit cards? If not, how many credit cards would someone have to have for their credit score to go down?
Um, I have plenty of money to pay them off. And I’m concerned with building credit, not just to “buy stuff now”.

Hunter

tinajr83 asked:


I have 4 cards with balances on them and will be paying them off next month. How soon will that reflect on my credit score? These cards have been open for a year.

Danielle

SuperJackerson asked:

bestcreditcardforcollegestudent.com Finding the best credit cards after bankruptcy discharge can be quite challenging and frustrating. Bankruptcy will destroy your credit ratings, which makes getting a decent credit card difficult. After declaring bankruptcy, everything you will apply for that requires stringent credit checks will be completely denied. Fortunately, cards that were specifically designed for borrowers with poor credit history will always have something in store for you. If you know exactly what to do, you can still find a credit card with a low-interest rate despite your not-so-promising credit scores.

Stewart