AliPay???
What is AliPay and how does it work?Could you please refer me to any good sites around this subject matter!
Thank you!!
Answers: Check out alipay.com
How to get out of paying payday loans.?
Answers: You are obligated to pay the loan - however, if you're tired of the fees and doing it every week and looking for an alternative
you might try prosper.com - get a small loan - pay it off, and then migrate from the payday loan to a prosper loan at a lower percentage rate, just to get out of that circle of doom.
Hi.
I am Clara and i saw your question about needing a loan,In the internet they are alot of scams out there.I decided to answer your question to prevent you being scammed.
I got a loan of $150,000 from an agency online and i was lucky not be scammed.
Contact them at email:globaly_aquinted_org(a)yahoo.com interest rate of 0.2% is simply great.they use a yahoo email account on our request because its makes contacting them easier
I have a bad credit report, how long will it take for it to come good again?
Answers: It depends how bad your credit is, if it is just missed payments most credit credit searches only show the last 12 months, however if you have defaults or CCJ's once you have paid them off they will stay on for six years if you don't pay them off they will never go away.
It can depend, on how bad it is, and how much you're able to fix it. Yes, it's possible to fix your credit yourself. With a little hard work and perserverance, and patience, you could get it back up there. What you have to understand is what makes up your credit score:
1. Payment history- 35%
2. Total debt owed to avialable credit ratio-30%
3. Length of time establishing credit-15%
4. Types of credit established-10%
5. Inquiries and New accounts-10%
With that in mind, this is some steps that you should do in order to get yourself in a better financial position to rebuild your score:
1. Open a checking and savings account- while this won't directly affect your credit score, it does many things. It re-establishes a relationship between you and a financial institution, which by being an customer in good standing, could help make it easier to get approved for credit cards and loans. Most importantly, by opening a checking account
it gives you the single most powerful tool in building credit, to help pay your bills on time, especially if the bank offers online billpay.
2. Gather ALL your credit reports- It's important to know exactly what's on your reports. A lot of times, people believe that their credit is so bad, that they don't bother to check their reports for mistakes, and trust me, mistakes DO happen. The credit bureaus don't get paid to be accurate, they get paid to report. It's important that you gather reports from all 3 agencies to determine not just who and how much you owe, but to make sure that what's on there is even correct. If you do happen to find something that you're sure is not right, you should dispute with all 3 agencies, they all have an online dispute feature in which you can dispute the item. Once you've made sure that there's no inaccuracies on your report, then you should arrange your debts from most recent and lowest amount to oldest and highest amount. Debts that are newer than 2 years are hurting your score the worst and should be handled first. What you should know that just paying off debts, especially collection debts will not help your score. A "pay to delete" or "deletion payment", which is a payment in exchange for removing it from your report completely. I posted several links that explains this more in detail.
http://www.creditinfocenter.com/debt/set...
http://www.creditinfocenter.com/debt/neg...
http://www.creditinfocenter.com/debt/Can...
http://www.creditinfocenter.com/debt/Act...
http://www.creditinfocenter.com/debt/deb...
If you're sucuessful, this will help your score.
3. Open new credit- I had mentioned in #1, about opening a checking and savings account with a bank or credit union, I'm going to tie that in with what I'm about to say. Some major banks (Bank of America, Wells Fargo, USBank, Orchard Bank) and some credit unions offer secured credit cards, which are credit cards that require a deposit to establish credit. Whatever you deposit would be the credit line, for example, if you deposited $300, then your credit line would be $300. The deposit isn't used to pay for what's purchased on the card, you would still need to either pay in full or make monthly minimum payments. The deposit is used only if the account becomes delinquent and goes to collections. A couple of good things is that you can increase the credit limit by adding to the deposit, which can help your score because it creates a much needed cushion between the total debt that's owed and the available credit, and also the deposit is sometimes linked to a savings account which earns interest while you're building credit, so the deposit isn't just sitting there. A good way to build credit with the card is to make small purchases ($20/month max) and pay it off on time every month, while adding to the deposit. Usually after a year or so, of paying it off on time, the card either converts to a regular card or it's upgraded to a better card, and most importantly the deposit isn't needed anymore and it's given back. My suggestion would be to open another secured card and repeat the process or open 2 at a time, which would speed things up. If you make small purchases, pay it off and increase the limits, that will really help your score. In the end, you'll have 2 credit cards with decent limits and an emergency fund from the deposits.
4. Enroll with PRBC- PRBC is America's Alternative Credit Bureau, providing a helpful service to the over 50 million people with limited or no credit history. If you pay your monthly bills on time, PRBC can help you build credit to qualify for a mortgage and better interest rates.On-time payments for the following bills are not reported to the traditional credit bureaus:
Rent
Cable
Phone
Daycare
Insurance
Electric
Natural Gas
Cell Phone
The only time your payments for these bills are reported to the other credit bureaus is if they're missing or late.With PRBC, your on-time payments count. You build credit for paying your bills on time, even if you have no credit history. PRBC offers two simple ways to start building credit today.
In closing, just a few more things to keep in mind.
-Don't spend more than 30% of your combined available credit on all your cards.
-Only apply for credit when necessary.
-Pay on time
Hope this helps...
Thanks for reading and...
Good luck!
"Bad" is a relative term. What's a "bad" FICO for some people is a "good" FICO for others.
Even the scores will not provide the answer to your question.
Your actual reports will begin to reveal the answer. If you haven't done so already, get your free (no strings attached) reports at www.annualcreditreport.com (website established by federal government under FACTA).
Next, review your reports. How many inaccurately reported accounts? How many duplicate accounts? How many "re-aged" accounts? You surely will have errors.
Consumer watchdogs warn an alarming 80% of all credit reports contain inaccurate information!
I'm sorry for the vague response. However, without details, it's difficult to help you.
Best to you,
Mike