Comments for Credit cards for people with bad credit, credit card consolidation.

Comment on How do credit card debt councilors work with credit card issuers? by Mary L

Mary L — Tue, 07 Feb 2012 04:07:00 +0000

HUGE ramifications of using a debt consolidation company. These companies are viewed the same as bankruptcies are viewed on your credit report. This tells the creditor that you are not able to manage your credit.

Debt consolidation companies cannot guarantee anything. They work with the creditors and sometimes arrange for a partial repayment. How partial? That’s entirely up to the creditor – NOT the debt consolidator.

Is it worth it to ruin your credit versus just fixing the problem? NOT paying your bill is EXACTLY the same as stealing. You may not go to jail, but you definitely will be penalized for it.

Also … remember … employers are now regularly pulling your credit report to get a better look at your character. Bankruptcy? Debt Consolidation? == You can’t handle your life.

Comment on Will getting a Bad credit credit card lower my score? by paperdoll198

paperdoll198 — Mon, 06 Feb 2012 04:34:14 +0000

Yes, it doesn’t matter what company you get the card from, only that you pay it and they report that you pay it. As for that previous answer mentioning to go to your bank and see if they can give you a credit card, normally I’d say that’s a good idea, however, if you’re bank is like Wachovia or WaMu, I’d think twice about that…

Comment on Help my deposit for secured credit card is gone ? by CoAcHpUrSeQuEeN

*CoAcHpUrSeQuEeN* — Mon, 06 Feb 2012 04:01:32 +0000

idk where you could report it, maybe a better bussiness bureau. but from what I have heard if you do not withdraw your deposit before you close the account, they can keep it ? but I know that can not be right it is your money, I would just keep going up to the bank and calling their 1-800 number. you may want to talk to an attorney.

Comment on How do credit card debt councilors work with credit card issuers? by DON W

DON W — Mon, 06 Feb 2012 03:05:38 +0000

Unfortunately the ones who advertise on television are usually in it just for the money. Beware of any organization that requires an up-front fee.

If you belong to a credit union or there’s one that serves your office, they will be able to put you in touch with a reliable organization.

Here’s a booklet that will hel]Unfortunately the ones who advertise on television are usually in it just for the money. Beware of any organization that requires an up-front fee.

If you belong to a credit union or there’s one that serves your office, they will be able to put you in touch with a reliable organization.

Here’s a booklet that will help you:
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Comment on How do I go about consolidating my credit card debt? by Jessica M

Jessica M — Sun, 05 Feb 2012 19:55:33 +0000

My husband and I use a company called The Freedom Point. What they do is work with your creditors to lower your interest rates. You can not spend anything on either account while it is part of the program. It does NOT negativly affect your credit score. We pay TFP our set payment each month, and they distribute it to our creditors. You’re doing better than us, our debt on the plan mounts over 30,000…. but we’re on track to be debt free on less than 4 years. They can most likely set you up with a plan to get you out of debt quicker than that, it just depends on what you are able to afford to pay. They’re available online…. or you can call them. Good luck hun!

Comment on I put a damage deposit on my credit card for a friend and her bf put the whole bill on my card? by Lwaxana

Lwaxana — Sat, 04 Feb 2012 19:38:28 +0000

You need to go to U Haul and ask them. But it sounds like you are to late to keep it off the bill since it was charged 2 days ago.

If your hiding the bill from someone else send them the payment and shred the bill when it arrives.

Comment on How do I go about consolidating my credit card debt? by Moosey

Moosey — Sat, 04 Feb 2012 16:29:06 +0000

do a transfer balance on a new card at 0% for a year or so paying what your minimums are on cards with a higher rate. this will get them paid off faster, if you have good credit…they will give you a longer 0% transfer period

btw..chase sucks. their customer service is bad. phone time is like 15 minute wait

Comment on Will getting a Bad credit credit card lower my score? by Lo

Lo — Sat, 04 Feb 2012 06:07:04 +0000

No it wont hurt your credit, it will actually help. You just want to make sure you have a card that doesn’tt charge you outrageous fees and the first question to ask is if the card reports to all three bureaus. If you have a bank account, usually your bank can get you a pretty good deal

Comment on Help my deposit for secured credit card is gone ? by Coho

Coho — Fri, 03 Feb 2012 12:01:11 +0000

Did you keep your statements with you? All of them? Go back to when the statement shows you have $1000 owed to you in that credit card. And show how it wasn’t used. And then ask them again what happened between so and so month.

Comment on How do I go about consolidating my credit card debt? by lepr0kan

lepr0kan — Thu, 02 Feb 2012 08:50:09 +0000

your best bet would be a personal loan through your bank or if you own a home taking out a home equity line. Either of these would allow you to pay off those high balances and have a lower interest rate, making your overal monthly payment lower.