The place I’ve banked at for almost six years, has offered me a credit card which I accepted over the phone, and I should receive in a few weeks. If I change my mind and decide not to activate the card, and call in to canel it, will that count against me next year if I apply for a loan through the bank(for school or realestate)? Or does refusal of a previous offer not matter? The bank has authorized access to review my credit report either way. Thanks
This card will have no annual fee, 0% interest for 6 months, and 6.99% thereafter unless default on payments. But I’m thinking of just sticking with my current card which i’ve had five years with no late payments if that will look better when i apply for loans with this bank in the near future.

My current card has a $60 annual fee, and 14% interest. I’m hesitant and confused, because i really don’t want more than one credit card, as I’ve heard that can lower credit rating.

In hopes of being able to build up our credit & with advice from our banker, we decided to apply for a Target Credit Card (we were denied by our bank because we haven’t had credit for 1+ years). Well anyway, we applied and the cashier lady said that our application is being reviewed and we’ll have an answer in 7-10 days. Usually you get approved or declined right on the spot, no?

Is that just another way of being declined? My Husband has a credit score of 710, so I don’t think it’s our initial credit that’s the problem. We also don’t have any late payments, collections, or loans.

I just wanted to know what that means when they need a longer amount of time to review our application.
I asked the cashier and she said she didn’t know. She said “The computer says here that it will need to review you application further & they’ll give you an answer in the mail in 7-10 business days”.

I want to take out a $1,000 loan to fix my car. I have good credit for a 19 year old with one credit card but compared to everyone out there it’s on the lower side because of the short credit history and such. So the interest rate 20%. Minimum payment is $50 and it’s a two year loan. I plan to pay $200 per month. If I pay $200 per month how will my loan decrease. I don’t understand the whole interest thing. Cause if I’m at $1,000 and I get 20% interest and a $200 payment I’m in the same spot. So could someone explain what my balance would be each month. (For example month one 1,000 month two 800 month three 600 but with interest calculated in there.) Thanks! =)
Ummm if you can’t answer my QUESTION then don’t answer at all… Is it that hard to read? You read my question and then post an answer that doesn’t answer my question? Unless you are answering my question don’t post an answer. Thanks.

People can be turned down for things like loans not just because of their credit, but because of the TYPES of credit card charges. Some offenders are marriage counseling and opening tabs at the bar. What are some others?

I need a very fast $1500 and I don’t know the best solution.

I live in Los Angeles and work a full time job and have another part time job on the side. However, even with that, money is still very tight. Under normal circumstances, I am able to make ends meet every month, but I rarely have much of anything left over.
However, the last few months have been filled with a string of family financial problems.
My parents are close to foreclosing on their house and the my dad was laid off. Consequently, I have had to help my parents pay their mortgage and bills. It is deeply saddening to see them in that state and has been horribly embarrassing for my parents to have to ask me for money.

All in all, I make about 2100/month, including tips. I pay about 950 in rent and utilities and 75 for students loans. Then there’s insurance, food, and some expensive prescriptions thrown in.

However, because I have had to give my parents a substantial chunk of money each of the last few months (and pay my brothers rent when he couldn’t, last month), i have been left with just barely enough for rent this month.

I don’t have any credit cards or a car. After college I had a hard time paying students loans and they went into default. However, they gave me a one time opportunity to pay my way out of default and clear my record. I did that and am back in good standing. However, this is still on my credit history (something that I have filed a claim about).

Due to my own stupidity, I am facing a very big need for $1500 ASAP. This morning when I went to the DMV to apply for my CA license (from Nevada), I found out that I have an outstanding ticket from more than a year ago. I want to kick myself.

Basically, I need to have a license that is valid (and warrant free) because my full time job requires me to run errands on a daily basis…and because I would like to avoid jail time! I called the courthouse and if I pay the ticket amounting to around $1500. it will be done with and I can get my California license and be legal and move on.

However, I just don’t have it. I don’t have anything even close to it. Nor do my friends or family members. If I owned anything that was of any value, I would sell it.

I can’t come up with a fast solution. I have read lot’s of horror stories about payday loans and 90 day installment loans and the last thing that I want to do is get back in over my head and spiral back in default. It was a terrible feeling.

Is there any other reasonable solution? And if taking a payday loan is the only answer, how do I avoid shady practices?

Lastly, in order to compare payday loan’s, it appears that I have to fill out the forms with my info on their websites. Is this something that the credit bureau’s see? I don’t want to negatively impact my credit score by simply “applying” online to see quotes.

Thank you for taking the time to read this long post!

Best,

K

Can I report money made from scholarships
or loans????????????????????

I want to take out a $1,000 loan to fix my car. I have good credit for a 19 year old with one credit card but compared to everyone out there it’s on the lower side because of the short credit history and such. So the interest rate 20%. Minimum payment is $50 and it’s a two year loan. I plan to pay $200 per month. If I pay $200 per month how will my loan decrease. I don’t understand the whole interest thing. Cause if I’m at $1,000 and I get 20% interest and a $200 payment I’m in the same spot. So could someone explain what my balance would be each month. (For example month one 1,000 month two 800 month three 600 but with interest calculated in there.) Thanks! =)
Ummm if you can’t answer my QUESTION then don’t answer at all… Is it that hard to read? You read my question and then post an answer that doesn’t answer my question? Unless you are answering my question don’t post an answer. Thanks.

I am not concerned about loans for cars, homes or college education – just borrowing from credit card companies. Is it likely that they would suddenly lower the credit I currently have available?