Credit Card Questions
Poll: Does anyone find this thread helpful?
Yes |
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67 | 80.7% |
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5 | 6% |
Somewhat |
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11 | 13.3% |
Total number of voters: 9 ( Wanderer, FrankN, JacksonM, JGibbs, vincymol ) See more
CentsibleSaver, Ronald Patton, rebuilder76, SAR1954
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- hjm331
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- ColoNative
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Replied by ColoNative on topic Re: Credit Card Questions
Hi, everyone, i have been gone a while, but i am back now. i have some questions for those of you who have more experience re-building. i have terrible credit, but is getting better slowly. i have been really comitted to cleaning it up for the last 8 months or so. my first premier account is hitting the year mark this month, and am being charged a $49 annual fee. is it worth keeping since it is my oldest open account? i have had no problems with them whatsoever except for the fees that suck. the one other thing is i just used the pre-qualify tool on household bank/hsbc website, and was approved for the household bank platinum mastercard, only if i mail them a $19 processing fee. is it worth paying the small fee and opening the account with them?
Is the $19 processing fee the only fee? You don't want to get another credit card with an annual fee. Do you have a Capital One card yet? If not, I would suggest them first. You do not want to go on mad app sprees for cards that just won't grow with you.
- kforbes86
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- tosha29
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- hjm331
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Replied by hjm331 on topic Re: Credit Card Questions
We're going to need some more information from you so we can help out. We need to know how much debt you currently have in your name and if you can take a portion of your income and use it to payoff your current debt. You have to try to avoid filing BK at all costs because from what I understand, BK CH7 will stay on your reports until for 7 years and it will hurt your chances of buying a car or a house in the future.
I understand being a single parent (especially a mother) can be very tough because not only do you have to take care of your children but make a living also. Is there a way that you can add an additional source of income such as child support from your ex-husband?
ETA (Edited to Add): If you're still keeping touch with your ex-husband, I would recommend asking him to remove you as an AU from his credit card accounts because he may not care about his credit and whatever shows up on his reports will show on yours even though you're not liable for his debt.
- ROTHRIM
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Replied by ROTHRIM on topic Re: Credit Card Questions
Here is my story! I am 23 years old, a single mother with horrible credit! I obtained my first credit card when I was 18 and kept applying from there. However, since then I have been married and seperated! Was an AU on all his cards, that are now in collections status. I have many bad credit, credit cards such as First Premier Bank and Continental credit cards in collections!
I would like to find a way to get started to cleaning up my credit and maybe settling my most recent cards (newest to oldest cards, cleaning them up).
Could anyone guide me on starting this process? I would like to have a nice 800 score by the time im 30....
Thank You!
Roth
p.S.! I am also considering filing BK Chap 7 ??
- hjm331
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- Joeyman
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- hjm331
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- ColoNative
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Replied by ColoNative on topic Re: Barclaycard!
What is the Barclaycard? Specifically, Apple is now offering one on their website. They used to offer the juniper card. Hmm... I did a little research and found it's for companies or banks to subcontract their account out? Maybe similar to Elan? If anyone has good info on them, post it here.
Not sure if this is a real question but here goes my answer. Barclaycard is the credit card division for Barclays Bank PLC. As I understand it, Barclaycard is a name usually used in the UK. Here, Barclays Bank Delaware bought what used to be Juniper Bank. I see that Apple.com has the Barclaycard available. It looks like this card is really only useful for financing a Mac since they offer same as cash financing for 12 months.
- Brian23
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- Joeyman
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- ColoNative
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- Wanderer
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- charonh
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Replied by charonh on topic Re: Beware of Red Flags on YOUR Credit Report
I have a problem. I'm trying to rebuild my credit after bankruptcy 12-2008, so I was put on my boyfriend sears and first premier cards because I thought he was really trying to improve his credit scores also, but he started paying just the minimum amount due and he almost maxed out both cards. I called the cc companies and had my name removed as an authorized user because of his actions. I would like to know if I could get these 2 cc off my report completely and if so who do I give the request to, the cc companies or do I contact trans, equ, and exp?
This same thing occurred with me and my boyfriend and he ended up having to dispute each of the items, despite my calling each creditor and requesting that he be removed (the accounts were still showing up on his credit report).