Finance Metric - Q&A: Credit Card

Question: #1: credit card?
im planning to go out of the country, but i have a credit card problem which is im not paying for it for like 2 years,would the credit card compay would hold me? or would they file legal case against me because of my credit card and wouldnt able to go out of the country?was this happening due to credit card problems? - asked by peggy s

Answer: ... - answered by: AnOrdinaryGuy
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Question: #3: Credit card?
I'm getting a credit card soon and I don't know anything about them. Please tell me all you know about credit cards, how they work, which has brought you the best of luck, your experiences. I'm really nervous about it.Serious anwers please. Answer: ... - answered by: BosCFA
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Question: #4: Credit cARD?
i just recently opened a bnk account. and i added money to my savings account. so that money that i put in there can i still use it with my card if i was to go to a store or something? or can only take money out from the atm? another ? i wanna ask what is the diff. b/w credit and debit? thnx for the help - asked by xx__0.Brwneyedchicana.0__xx

Answer: ... - answered by: Angel G
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Question: #5: What credit card should I go for citi bank or bankof america?
I have a credit score of 700 and wanting another credit card. I was thinking about citi bank or bank of america. What one should I get? I only have one other credit card from Wumu. I want a credit card that report to the 3 credit bureaus every month. Anyone has either one of these cards, if so, what one did you like and why? - asked by azkoolchik

Answer: ... - answered by: Zerrah
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Question: #6: What credit card would you recommend for someonetrying to re-establish good credit history?
I have decent credit but I had cancelled all my cards when trying to get out of debt. I am now free of all unsecured debt but I need to have a card so in the future I won't be hurt by having no credit.I'm thinking I want a card with no annual fee and a low APR. The card would only be used very occassionally and paid off immediately. I have no desire to repeat previous mistakes.Does anyone have any recommendations for a good card for this purpose?Okay, as I said, but everyone is skipping, is that I have decent credit. My credit score is 700.When I got into trouble I went into debt consolidation right away BEFORE my credit got screwed up.But I do appreciate those of you who are taking the time to answer. - asked by Tamborine

Answer: ... - answered by: teenriodoll
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Question: #7: Is it possible to transfer credit card balances toothers' credit card accounts?
Situation: Person A has multiple credit card balances on high interest credit cards and Person B has a credit card with a much lower interest rate. Due to a poor credit history, Person A can't obtain a low interest credit card. They've agreed to transfer it to Person B's low interest credit card and have Person A pay Person B the monthly payments to make it easier to pay down their high interest balances.Is this possible? - asked by Matt

Answer: ... - answered by: Jennifer M
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Question: #8: What credit card to get at 18 and not a collegestudent?
I always thought at 18 they love to give you credit cards, I've tried Capitol One, Chase, a QT credit card, and a Best Buy one. All deny due to no credit history. I obviously can't get Credit history if they won't let me have credit. I Work 2 jobs and just want to have one just in case and to actually build my credit. What's going on and why do i keep getting denied? - asked by Bryce

Answer: ... - answered by: Dixie Darlin'
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Question: #9: What credit card is best for a first credit card,and you have limited history?
I just turned eighteen at the end of February, so I have limited credit history.I was wondering what credit card is used for building credit, and would be the best choice for a person getting they're first credit card. - asked by Tay

Answer: ... - answered by: Lakers
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Question: #10: What is a good credit card to get that you almostwill never get turned down for?
I currently have two credit cards, but would like to get one final one. I've been getting turned down for a few recently that I thought sounded good. What are some good cards and websites where I can get a credit card that almost every gets approved for? I'm young(21) and trying to establish some more credit. My friend got approved for a Best Buy credit card tonight and his credit isn't that good. However, I just want a main card(for example: visa, discover) and not a store card. Thanks for any help. - asked by JerseyJeff84

Answer: ... - answered by: Goblin g
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Question: #11: Should I get a credit card? How do you choose thebest credit card?
I just finished college, and work full time. I have a debit card, and building good credit from paying off loans. A lot of people have been telling me to get a credit card, but I wonder if it really is necessary. Please give me some good reasons to get a credit card other than building good credit. The only other advantage I know about is those point-system/rewards credit cards, that earn you miles or other things. And what is the best credit card to get for a first time credit card holder? The number of choices are a little overwhelming. How did you choose your first/main credit card? - asked by Acrow

Answer: ... - answered by: $m¤¤v¥ £¤¢¤
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Question: #12: My credit card balance is over 50%. How long willit take my credit score to go back up?
Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I'm over 50% of the balance, and I just learned that's bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks. - asked by Casey

Answer: ... - answered by: Mariposa
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Question: #13: Are credit card protection plans good for reallyreally old people?
They typically run .99 per $100 and the deal (supposedly) is that if after 90 days of coverage, the cardholder croaks, that they credit card amount owed is forgiven. In the case of elderly people in not the best of health and with large credit card debt ($5000+) is this a good idea?You'd basically be paying $500 a year and betting that you're going to be keeping a high credit card balance and that you'd be likely to croak relatively soon. - asked by petra

Answer: ... - answered by: doreen k
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Question: #14: Is a credit card number really valid for a depositon a service?
I own a small business which often takes credit card numbers over the phone as a deposit. We recently had a customer no show, and she contested through her credit card company when we charged her (she claims it wasn't explained when she gave us her #). The credit card company took her side and said it is policy to allow anyone contesting to get their money back if there is no signature. How can this be? So many hotels and services take card #'s as deposits! - asked by JNate

Answer: ... - answered by: searaydreams
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Question: #15: Can credit card companies close your accountswithout warning? How does it affect your creditscore?
I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the situation? (Is there anything I can even do?)Also, I know that closing credit card accounts lowers your credit score. Does anyone know how much mine will be affected? - asked by Sara

Answer: ... - answered by: Stealth
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Question: #16: What credit card company offers the best deals onBusiness Credit Card?
I have good credit and im in the market for a business credit card. What company offers the best rates, offers, cash back programs ect? Please give me some ideas on programs i should look into from the major cards like, AE, Discover, MC, and Visa. - asked by Evilish13

Answer: ... - answered by: Sarah M
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Question: #17: Is credit card debt considered an open account ora written contract?
I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written contract in the State of Georgia, the Statute of Limitations may or may not apply. The Staute of Limitations is 4 years for open accounts and 6 years for written contracts. Does anyone know for certain which type applies for credit card debt in Georgia? The account is with Citibank MasterCard and was opened in the late 80's or early 90's. Thanks. - asked by Stephen S

Answer: ... - answered by: Studly
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Question: #18: What credit card is higher a Band of AmericaPlatinum Plus or a Bank of America SignatureCredit Card?
With the World Points Credit Card what is higher a Platinum Plus or a Signature. What is the difference in terms of APR, Eligibility etc? What is the highest level of cards? Is My Concierege a good service? Are the airfares really without blackout dates? Is there accident insurance. With the new Bank of America World Points card with 1.25 points is the Platnium Plus the highest level? - asked by travelplus

Answer: ... - answered by: G C
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Question: #19: How can I get my credit card company to reportaccount information?
I got my credit report today and it shows that my total credit amount is $300 and I have $296 available. After further inspection I noticed that only one credit card had reported a credit limit/max balance and that all of my credit cards hadn't been reported since April. Is there an effective way to contact the credit card companies and get them to report accurate and up to date information to the credit bureaus? I feel that this issue is affecting my credit score, so I would like to fix this.Thanks in advance. - asked by awill110

Answer: ... - answered by: ZinaRae
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Question: #20: What is the ideal credit card for a collegestudent to get?
I am looking to get a credit card basically for emergency purposes (mostly for those unexpected car repairs) and christmas time when I don't have the money for gifts (I have a large family). What would be the ideal credit card for me to get? I have2 store credit cards, which are always paid off before I even recieve the bill, and an excellent credit score due to those cards, and student loans. I am looking for a card that doesnt have an annual fee, any suggestions? - asked by yeahhh

Answer: ... - answered by: diana a
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Question: #21: How is a credit card considered a written contractinstead of an open account?
I am being sued by a collection agency for an old (over 3 years) Visa credit card debt. I live in Alabama and the Statue of Limitations on Open Accounts is 3 years. I hired an attorney but he says that I probably will have to settle because it is not an open account but a written contract account which has a SOL of 6 years. He says this because the collection agency produced a piece of paper that I signed when I opened the account (basically it's the credit card application). I researched on my own and most information that I found says that credit cards are always open accounts. I did find one place (Wiki Answers) where someone said that credit cards could be written contracts. Is my attorney wrong or can this indeed be a written contract in some way. I really need to know before I go to court. Please give me some type of solid backup to your answer and not just your opinion. - asked by rich61969

Answer: ... - answered by: Magaroni
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Question: #22: What credit card company processes transactionsquickly into the system?
When I make a purchase with my debit card and go home to check my bank account , the purchase is already in the system. But when I use my credit card it takes at least a couple days. If there are any credit card companies that process as fast as using a debit card, please let me know, Thanks - asked by RAV94

Answer: ... - answered by: bdancer222
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Question: #23: What happens to credit score if you close a storecredit card?
I have a few store credit cards (Macy's, Banana Republic, etc) in addition to a major credit card. I want to cancel some of the store credit card, but I don't know how that effects my credit rating. I think closing credit cards in general lowers credit scores, but what about those store cards? - asked by bluetsuki32

Answer: ... - answered by: Jim
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Question: #24: How and why is my credit card affected when I openand close a credit card?
I see a great deal at a store to open up a credit card and get a prize or a rebate. If I want the big discount I open the credit card and then get the discount but I don't want or need the credit card at all.Is it better to close down this new card or keep it open with a zero balance? How does opening and closing account affect my credit score? - asked by Double Negative

Answer: ... - answered by: R T
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Question: #25: What is Travel credit card? Which is the bestcredit card company for visa card and master card?
What is Travel credit card? Which is the best credit card company for visa card and master card? I’m thinking to get a visa card and want to know that travel credit card allow earning point when you use it for purchase. - asked by lavina c

Answer: ... - answered by: drew2376
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Question: #26: How exactly does a credit card work?
I want to apply for a credit card that starts out with a minimum credit line of $300. If I get it, it will be my first credit card. If I get the $300 credit, I want to make a purchase for like $200. Is this a good thing or a bad thing to do? Can someone give me some good tips on handling a credit card without getting bad credit?I will mostly be using this card trying to start an at-home business.Ya mama b*tch. Eat my p*ssy, h*e!!!Oh, rudecatt63, you've hurt my feelings ever so much, I'm going to cry....NOT. For someone who keeps visiting the GLBT section and has a rainbow in they're background, you sure do do a lot of gay bashing. Self hate is so stupid. But then again if I were you, I would probably hate myself too. - asked by indrep33

Answer: ... - answered by: Smartypants
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Question: #27: What is the best credit card to suit my needs?
I want a credit card with a good balance tranfer offer. Six months at 0% will do fine. It might be nice for it to be otherwise a good credit card too because I might pay the balance off in about a month and still want to use the credit card.I already have a Amazon credit card with Chase so I think I need to use a different bank. - asked by Robert B

Answer: ... - answered by: April H
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Question: #28: Closing a credit card account that is inactive?How much will it affect my credit report?
I've had this account for about two years, and I haven't used it in a long time, and I'm thinking of closing it but I don't know how it would affect my credit report. This is a secure credit card, with only a $300 limit. I have two other credit cards that I use a lot more often and I've been very responsible about paying bills on time. - asked by jenahfah

Answer: ... - answered by: JD_in_FL
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Question: #29: How to get a credit card with no credit and nochecking account?
I'm young with no credit and no checking account. I've been looking online and have only come across debit cards or credit cards that require a checking account. Where and how can I get a CREDIT CARD w/ no credit and no checking account? - asked by mommy's princess due 8.8.09!

Answer: ... - answered by: Judy
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Question: #30: What type of credit card can I apply for and getapproved with current bad credit to startrebuilding?
Im currently disputing a lot of derrogatory info on my credit reports from all 3 agencies. I currently have no major credit cards and was informed that if I opened a credit card account and made the payments on time that would up my credit score. - asked by Mrs. E

Answer: ... - answered by: Reality Check
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