hb_breezy: How do I obtain a credit card? discover said "insufficient credit history"? So as I was looking around sendearnings.com (get paid to read emails and all that), I seen a thing for discover card. It says to sign up and i'll get $ 15 to my sendearnings account. So I went ahead and went to the link it gave me and I applied. When I was … [Read more...] about How do I obtain a credit card? discover said “insufficient credit history”?
Credit
How does declined credit card applications affect your score?
Project EX: How does declined credit card applications affect your score? Hello, i applied for 2 credit card applications within a week and got declined. This is because, i am 18, and only have 2 bank accounts with no credit on file. When i paid $ 15 yesterday to see my credit score, it reported as having "no score". So i guess my declined … [Read more...] about How does declined credit card applications affect your score?
Why do credit reporting agencies penalize an “insufficient credit history” like a deadbeat that defaults?
Dimi: Why do credit reporting agencies penalize an "insufficient credit history" like a deadbeat that defaults? Is it fair that someone who happens to rarely use credit but has never defaulted the few times that they did gets treated in the same way as someone who defaults with lower credit scores? I don't understand. Answers and … [Read more...] about Why do credit reporting agencies penalize an “insufficient credit history” like a deadbeat that defaults?
I’m 27 and have no credit history!?
christmasgirl1980: I'm 27 and have no credit history!? When I was 18, I overdid it with credit cards - I had 7 or 8 - one Gold Visa and the rest were department store cards. I racked up about $ 5000 in debt, decided not to pay it, and have lived on a "cash only" basis since. I think I just overwhelmed myself and didn't know where to even START … [Read more...] about I’m 27 and have no credit history!?
How many points are taken off your credit score when you cancel a credit card?
Janice: How many points are taken off your credit score when you cancel a credit card? I have 3 different credit cards from my bank and I just learned that they will be charging annual fees for each one very soon. I have these cards only because one was first time card (no offers) The next one had point rewards and the newest one had cash back. … [Read more...] about How many points are taken off your credit score when you cancel a credit card?
Credit card “finance charge”?
Emily K: Credit card "finance charge"? I have a credit card that doesn't charge interest if the balance is kept under $ 250. I've never really charged more than that except this past January. In January I charged around $ 1300 to my credit card. The bill came and I paid it down so that my balance was under the $ 250. But I just got my next … [Read more...] about Credit card “finance charge”?
On Experian Credit Report when do they send data for “Balance History”?
Jewels: On Experian Credit Report when do they send data for "Balance History"? My "Balance History" on my Experian credit report shows one of my revolving accounts (a credit card) as being essentially maxed out on about three months, which confuses me because I always pay this card off in full before it is due. I do, however, put my car … [Read more...] about On Experian Credit Report when do they send data for “Balance History”?