Using my Capital One card to oblige someone elses poor credit?
Question:
I have great credit - I be told by Capital One that I could get a second card for my girlfriend and it would facilitate her poor credit. It would still be my account but she would hold her own card with her cross on it. They said it was a 'program' I'm eligible for. Has anyone ever hear of this 'benefit' and does it work?
Answer:
Unless you are going to marry her, I wouldn't do it! You never know...you might get stuck near the debt. It isn't worth helping someone unless they are your wife/husband and family!
YES BUT MAKE SURE SHE HAS A SMALL CREDIT BALANCE, I WOULD START AT $200 BECAUSE IF SHE MESSES UP ITS YOUR CREDIT THAT WILL SUFFER. MAKE SURE THE BILLING ADDRESS IS YOUR SO YOU CAN KEEP TRACK.
Be painstaking. Most people run out up carrying a balance from month to month and expire up in revolving debt. It sounds close to you are a good superior of your debt. Be careful not to assume others are as honourable at it as you are!
It sounds like they are offering a card for her as an authorized user. I don't see how it can aid with her credit if you are still the primary portrayal holder it may or may not show up on her credit report at all. They switch question for you is why she have poor credit in the first place and how much risk you want. If a edge won't extend her a card of her own, shouldn't you think twice? The lone way that I know for a card to benefit your girlfriend is that you are co-signing for her card. Again, muse twice. If you want to see how bad of an view it is, read some of the other posts here about how men and women are liable for the debts incurred by their long lost boyfriends and girlfriends. Did you know most marriage and engagements end due to arguments almost money? Don't be one of them.
Not a good belief, she can run up your card, leave you, and you'll be stuck beside the debt.
I doubt it's a "program". Most likely, the rep you spoke to is conversation about adding up your girlfriend as an authorized user. This simply allows her to share your credit line on a card near her own name. In most cases, this will appear on her credit report, but technically shouldn't impact her card unless she's a communal card holder.
But whatever. Most bank don't care, and they shutting down up adding it to her report anyway. As long as you're within good standing, if she have it on her credit file, it'll boost hers a bit.
Regardless, I agree near the others. You shouldn't add her an as authorized user or bring back into a joint credit agreement next to her unless you marry her.
Yes basically what you are doing contained by openinig a grantor account, it will give a hand re-establish her credit but if she dont pay, guess what thats adjectives on you . in the credit world the single way you could obtain out of that is to purloin her to court and make her discharge you back...yles you willhave to py foreverything foirst later take course against her, I enjoy seen this masses times in my smudge of work and sorry to say it dont other work out in the card holders favorgood luck
What is direct rollover and are in attendance any taxes to it?
Question:
Answer:
A distribution of eligible rollover assets from a qualified plan, 403(b) plan, or a governmental 457 plan to a Traditional IRA, qualified plan, 403(b) plan, or a governmental 457 plan; or a distribution from an IRA to a qualified plan, 403(b) plan or a governmental 457 plan.
Direct rollover assets are made payable to the qualified plan or IRA Custodian/Trustee, never to the individual.
A direct rollover is reportable but not taxable.
A direct rollover is when one 401K amount is rolled over to another. As far as taxes go, respectively company is different and it also depends on the amount that you are rolling over. It is all contained by the fine printI called my 401K company for assistance when I did mine.
A direct rollover is when you put your 401K into a regular IRA. There is no excise. If you transfer the regular IRA money into a Roth IRA, you are tax. A Roth IRA has different rules so it might be enticing for some people to roll over their IRA into a Roth IRA.
Which sandbank is giving the best renovation loan rate / box currently?
Question:
Answer:
ocbc
This site wil give you most adjectives information according to your request visit http://www.freewebs.com/getyourloan...
Does paypal annul from hill tale if you own insufficent funds or will they repeal from your support up?
Question:
I have insuffiecent funds surrounded by my bank report i thought paypal would just pilfer it out of my credit card, but now i am unsure... it will be a nightmare if i overdraft...
Answer:
It depends what is going on? Are you buying something? Do you hold to give a settlement? If they need to thieve $$ from you sometimes they just put a unenthusiastic on your paypal account until subsequent time. If not, they will probably take stale your credit card!
If you have authorised your Bank consequently they may withdraw. Ensure plenty money is in your Paypal explanation before starting a transaction. I can impart you a link that deal with Payapl & Ebay transactions through Paypal. PayPal is one of the most popular online money verbs systems widely used for online auctions, pay to surf programs, e-books and purchase of low merit goods. It is immediately a part of the online auction website eBay. More details available at
http://www.money-transfer.in/paypalindia...
Does charging 1.5 to 2 % extra on bill while paying by credit card is lawfull. I sure not approved by RBI or C
Question:
Answer:
What some merchants do is 1 of 2 things to get around that, any charge about 3% more on products or they disclose to the customer that there's a credit card surcharge, but you enjoy to disclose that.
this question doesn't be paid too much sense to me
Alot of companies charge either for a moment extra or there is a min charge they will charge to a debit card for example the dollar store by my house have a $5 min. Reason being business are charge a per transaction charge by the credit card companies.
I don't think it is a permissible matter, a bit it is against the visa and/or mastercard rules. Or least that is to say what I was told a few years ago. For example Visa/MC speak if you are a VISA/MC merchant you can not charge a different price. If a merchant did not like that rule they could choose not to use Visa/MC. Like my local pizza shop, brass or check only.
Its not resembling that. If you buy anything by ur credit card the bank charge the merchant 2 to 5%. so to cover that they charge u large.
the credit card company's charge the merchant for the purchase. the merchant can do one of two things. pass the charge on to adjectives consumers with a slight increase within price (and not mention it) or pass the charge on directly to the credit card user
The retailer is trying to pass his charges to you . It is upto you to adopt or reject. If you do not accept, next the sale does not rob place or the seller may not charge you if he is interested within sales.
Hence you should protest and see the counterattack.
I don't believe it is a "legal issue" as defined. Per se, the senate will not get involved on your behalf.
However, I believe that the credit card companies themselves hold rules against charging a premium for the use of credit cards.
If you are dissatisfied with person charged a credit card user's premium for using your card with a merchant, I would suggest you contact the credit card company and tolerate them know what the merchant is doing. They will probably issue the merchant a warning reminder saying that if they verbs to do that, their credit card billing priviledges will be taken away.
Call the phone number on the back of your credit card and ask them if it's legalized to charge a surcharge for use of a credit card. I'm almost certain that they will give an account you nomerchants cannot charge extra to customers who pay by credit card. If they want to cover their cc processing chgs, they want to raise rates for adjectives their customers. I just go thru this w/a printer who wanted to charge 3% because I needed to pay w/cc. The answer be 'nope, not legal'.
It's also not legal to require a minimum charge for use of a cc. Many small stores and restaurants try. Wanna hold fun? Use your cc for a smaller charge and when they tell you they won't help yourself to the card, ask them how important the convenience of paying next to a cc is to their customers----I bet they'll let you repay.
Cheers of the Season!
D
where on earth can I procure a personal loan?
Question:
Answer:
A bank or credit league, depends on what you need the money for.
If it's an unsecured loan (i.e. no lien against it similar to a car or a house), the cheapest path may be credit card on a promotional interest rate. Ask your bank in the region of the options. Their guidance is free.
A loan shark is a person who will lend you money and overcharge you next to interest. He may also be unpleasant if you don't pay him backbone.
From a bank or credit federation.
bank, credit alliance, loan shark
www.eloan.com
Justin
Go to your bank that you work beside. stay away from loan sharks. tell them that you have need of a personal line of credit. if your credit sucks though, they may not contribute it to you .
http://badcreditresources.com/bad-credit... Check this one. This page has a detail of personal loan providers.
A loan shark is a person or body that offer illegal unsecured loans at glorious interest rates to individuals, often back by blackmail or threats of violence. They provide credit to those who are not prepared or are unable to dig up it from more respectable sources, usually because interest rates commensurate with the perceived risk are criminal.
get graceful personal loan here This site wil give you most adjectives info visit http://www.freewebs.com/getyourloan...
Try probing "personal loan " at this site
http://online-mortgage-shoppers.com/...
The search function here brings up some interesting results, a touch time browsing this site may bring you the information you are seeking
Don't be mislead by the name of this net site, you can find information on all types of loans here.
You don't want to business deal with a loan shark, they play by their own rules, and translate them when they want to, even in the middle of a do business.
Can not paying a magazine subscription really ruin your credit?
Question:
i agreed to some magazine subscriptions and was paying them until i notice that i was starting to capture some unauthorized charges on my card so i cancelled my card altogether and want to cancel the magazine subscription but they vote it cant be cancelled and i have to verbs to pay them for a spell of 8 months. how can this affect my credit?
Answer:
If they have a valid claim that you owe them money, later they have the right and power to report your indebtedness. You can, however, dispute their claim. Keep any proof you have that they took money from you that wasn't authorized.
Yes.
Is obtain my Credit Report from AnnualCreditReport.com really free and not dangerous?
Question:
i know for free credit report they charge a monthly fee after 30 days, if you dont unsubscribe, but what in the region of https://www.annualcreditreport.com/... is it free without the trial text and is it safe?
Answer:
its undamaging, its free, and i have be using it every year, no problem. i like to stagger out one report every 4 months, so i can check it adjectives year, if you get the report or lay down number and copy it, you can go to the dispute page and look at it again for any unknown info for up to 30 days afterwords too.
AnnualCreditReport.com is the only administration appoved website to get your free credit reports. You don't necessitate a credit card nor do you have to sign up for credit monitoring services.
The site is secured by 128-bit encryption. A secured site starts near "HTTPS:"
It is a fine site. Go for it. Don't get involved surrounded by a company that charges you a monthly fee for your credit. That is BS. You are entitled to one free report per year. What you will own to pay for is your credit gain.
yep it free.
Yes, I've used the site and have have no problems. As I recall, when you turn through this site, you're led to the largest sites for each of the 3 principal credit bureaus. This site was created after the US Gov't passed a canon requiring each credit agency to allow respectively person at most minuscule one free credit report per year. This is the official site to grasp the free report.
They do let you look at it on chain for 30 days. but it is the same report. You do not enjoy to give them a credit card number. They proffer other services where you can check it any time for a payment that they push hard to put up for sale.
I got adjectives three at the same time, retrospectively, I would hold gotten just 1 that approach you can go to the other ones after that in the year to see any change for free. They all have the exact same info and if there is an error it is tremendously unlikely to be on just one.
Maybe you can try below website to go and get the information. It's about free credit report articles for your second belief
How do i abolish my monthly slip away?
Question:
Answer:
pass to what?
Call the place you get it from and tell them you want to abolish.
Did Visa alteration the look of it's credit card logo?
Question:
Answer:
Yes, I got a bright look on mine about 3 months ago.
i don't have a sneaking suspicion that so
yes instead of the circles they have gooey lines
Yes they did. Information is linked below.
brain surgery 5 years ago/collection involved credit fruitless medical should own picked up what to do ? give support to?
Question:
Want to clear up for possible home purchase. Is there anything can be done? It is nearly my daughter's husband a week after the wedding. He have recovered more than they thought but this one bill has really played havoc and tripled when it should hold been covered but he wasn't told almost it until 1 year ago. And after several calls thought it be dealt beside only to find out within May it was still at hand. Is a mortgage possible? W/o outrageous interest. everything else is good but that bill could keeep them from owning a house. Doesn't come across fair does it? My daughter works full time+ and he is a stay at home dad. Can't drive. Surgery save his life but cause nerve bring down on the right side. Vision, speech, balance etc. Can anyone submit any solutions? or advice. Thanks
Answer:
PLAYING THE CREDIT GAME
If you live surrounded by the U.S., whatever you do, DON'T PAY THESE BILLS OFF WITHOUT FIRST READING WHAT I WROTE BELOW!
HOW BILL COLLECTORS WORK
When you enjoy bad debt that go into collections (after being late/unpaid for 180 days), these debts are sold past its sell-by date to bill collectors (essentially, scum oodles run by the mafia). The original wall or creditor is no longer collecting it. Instead, it gets auctioned past its sell-by date to scum plenty who buy it for pennies on the dollar. What they do is they turn around and try to scam you for the full value of the ingenious debt PLUS interest and penalties, which can almost double or triple the ingenious balance.
DON'T NEGOTIATE WITH TERRORISTS OR SCUM BAGS
Whatever you do, don't negotiate beside so called "non-profit" credit counseling agencies! They're contained by bed with debt collectors, and are run by trash bags and mafia! I'm not kid. I'm dead serious. They're run by like people as the debt collectors! And they charge ridiculous fees, a reliable percentage of your balance. Non-profit my overweight buttocks!
THE (EMPTY) IMPLICATION OF LAWSUITS
It's important to be aware that debt collectors habitually hire lawyers to write correspondence on their stationary to make debt collection notice sound more "official" and use the meaningless threat or implication of a lawsuit to startle you into paying them what I consider ridiculous financial rape. To understand better, read more below. Regardless, the canon requires them to identify themselves as a "debt collector". So if you've received any letters from so-called lawyer, go stern and re-read the letter and you'll see that somewhere within small print, it'll identify the letter as an attempt to collect debt! NO WORRIES! Treat these bastards as you would any other debt collector and fail to acknowledge the legal stationary. In most cases, lawsuits are in danger of extinction and never happen. The costs of litigation are too glorious to sue for every collection case.
It's funny, too. If you enjoy one of these so-called letters from lawyer, notice that they don't explicitly vote they're going to sue you. That's because by law, they can't voice they're going to sue you unless they actually plan on following through! So, adjectives in adjectives, it's just a ruse to alarm you.
So unless you've got lots of assets, don't verbs! Sleep well, guzzle will, and live long and prosper!
TELL THE SCUM BAGS TO SUCK IT!
Send a cease-and-decist letter to the bill collectors, which necessarily tells them to shove it. This is mentioned contained by section 805c of the "THE FAIR DEBT COLLECTION PRACTICES ACT".
Here's an excerpt:
----------------- except from FDCACT Section 805c -----------------
"(c) CEASING COMMUNICATION. If a consumer notify a debt collector in writing that the consumer refuse to pay a debt or that the consumer wishes the debt collector to stop further communication with the consumer, the debt collector shall not communicate further beside the consumer with respect to such debt, except --
(1) to recommend the consumer that the debt collector's further efforts are anyone terminated;
(2) to notify the consumer that the debt collector or creditor may invoke specified remedies which are ordinarily invoked by such debt collector or creditor; or
(3) where applicable, to notify the consumer that the debt collector or creditor intends to invoke a specified remedy.
If such spot from the consumer is made by mail, notification shall be complete upon tally."
----------------- except from FDCACT Section 805c -----------------
By law, the debt collect must return the debt as unpaid/uncollected to the productive bank/creditor and destroy your history, or they can take trial procedings against you. They are allowed to contact you in writing ONE LAST TIME to inform you of their travels (ie. if they are suing you, if they're returning the debt to the collector, if they're going to run off and cry to their mommy, etc.). Unless you've get valuable assets, the most they'll do is probably end the collection.
If you don't know how to write a cease-and-decist letter, there's plenty of websites that will provide template for cease-and-decist letters.
NOTE: This does NOT apply to the productive creditor, only debt collectors. Legally, you will still owe the inspired creditor!
REMOVING THE NEGATIVE ENTRIES
After a little over 1 month of sending the cease-and-decist communication, contact each credit bureau where on earth you have these gloomy entries and request to have these debts verified/validated. The credit bureau will next contact the collector and the collector will be unable to locate your documents (per having destroyed your history after the cease-and-decist letter). After 30 days, if the debt collector cannot prove you owe them this balance, the credit bureau will automatically remove that entry.
Once the entry have been removed, contact the imaginative bank/creditor IN WRITING and arrange to make FULL payments surrounded by return for a "paid as agreed" entry on your credit report, OR simply removing the portrayal from your credit report altogether. Make sure you get this agreement from them within writing before sending even a dime to them!
THAT'S TOO MUCH WORK, I JUST WANT TO PAY IT OFF
If you don't want to promise with adjectives the steps above, simply contact the creditor/collector IN WRITING and get them to agree to splodge the entry as "paid as agreed" or remove the gloomy entry from your report in return for full or settled return. Make sure you get this surrounded by writing!
CREDIT REPORTING AND THE 7 YEAR CLOCK
As for your credit, it takes 7 years from the date the details went into collections to dribble off your credit report. Don't produce any payments or disputes or requests to verify/validate a debt unless you intend to pay it rotten! You could easily screw yourself over! If you bring in a partial payment or unsuccessfully dispute or verify/validate a debt, it'll reset the 7 year clock.
I'M A LITTLE BASTARD AND REFUSE TO PAY
If you're rather bastard and simple don't want to pay, freshly wait until the statutes of decrease pass and consequently you're scott free and they can no longer collect a dime from you. Of course, there's your guilty conscience and the ghost of Christmas chronological that will haunt you for vivacity!
Also, if you choose to be a bastard and you own any valuable property or hold any large amounts of dosh stashed in a financial rationalization (such as a house, an expensive car or boat, stock brokers, IRAs, stash, checkings, EXCEPT for 401k's and perhaps 403b's which are protected from creditors), in attendance is a chance the creditor or debt collector could sue you. This really depends on the state where on earth you opened the narrative.
For a list of statutes of curbing for debt, check out this website:
http://www.bankrate.com/brm/news/cc/2004...
ONE LAST TIP
As an additional tip, by directive, debt collectors cannot threaten or harass you. This includes neighbors, friends, house, and empty threats of lawsuits or arrests. If they threaten you near a lawsuit, they MUST follow through or else they've in recent times violated your rights! If they do, they're violating your rational credit reporting act rights and you can sue the MOFO's for despoliation of your rights!
To learn more in the order of your rights under the "THE FAIR DEBT COLLECTION PRACTICES ACT", you can any read the FTC's tip page below:
http://www.ftc.gov/bcp/conline/pubs/cred...
Or check out the Wikipedia entry here:
http://en.wikipedia.org/wiki/fair_debt_c...
If a bastard debt collector is harassing you or violating any of your rights, record a complaint! Be sure to document every phone conversation, snail mail, or persecution you experience.
https://rn.ftc.gov/pls/dod/wsolcq$.start...
CAN ANYONE TESTIFY TO THIS?
In my own personal experience, I owed over $30k in debt that I couldn't remuneration off due to anyone laid off during the dot-com bust. The collectors want over $60k after penalty and interest. I laugh contained by their face. I haven't rewarded a dime and I sleep very capably at night. I merely have 2 more years to step before I enjoy a perfectly verbs credit, and 1 more year to go beforehand I'm off scott free (I live surrounded by Oregon --- the statutes are 6 years). I guess I took the bastardly approach! But whatever. I don't see the difference between mortal a bastard and filing for ruin; they're both bastardly! Just that a bankruptcy will screw you over longer (10 years instead of 7). Doesn't hold a genius to amount out which option is easier.
If you didn't carry my subtle hints, I'll spell it out for you. The FDC Act clearly protects you and provisions you with positive unalienable rights. Although I don't out right advocate NOT paying, I do want to stress that for the average American, between filing ruin and being a bastard, it's much easier and make more sense to just not money. In other words, if you're not rich and can't make a settlement to foot off the information, you're probably better off in recent times letting the debt die on its own. Some states, like North Carolina or New Hampshire, hold a 3 year statute limit for written contracts. This finances after 3 years, you don't owe them a dime except per your conscience.
And as a testiment, even with my unpromising debt still shadowing my credit, I just bought a current car for 14.9% APR through CitiFinancial. Not bleak at all!
Does here own to be a reliable amount of money contained by the mound within direct to place a levy on it?
Question:
There was a levy placed on my wall account and the edge charged a $75.00 processing fee. What would begin if there be not enough funds to cover the levy and the bank-processing fees?
Answer:
Your rationalization will go refusal (overdrawn). The bank will charge a excise for this and then may keep hold of on charging until you bring the account current.
Please be aware that if the ridge closes the account, later you will not be able to approachable another account due to ChekSystems. So you stipulation to open another checking accont very soon, before you will be powerless to because of the negative credit near ChekSystems.
Be aware that moving money out of an account to avoid paying a levy can be considered fraudulent conveyance and this is a crime.
If you owe a ot of money, wish out the counsel of a BK attorney and a CPA.
A smart man named Chrisusc once said
"Your picture will go refusal (overdrawn). The bank will charge a allowance for this and then may save on charging until you bring the account current.
Please be aware that if the wall closes the account, after you will not be able to clear another account due to ChekSystems. So you stipulation to open another checking accont in a minute, before you will be not sufficiently expert to because of the negative credit next to ChekSystems.
Be aware that moving money out of an account to avoid paying a levy can be considered fraudulent conveyance and this is a crime.
If you owe a ot of money, wish out the counsel of a BK attorney and a CPA"
I would heed his advise
Justin
do i hold to repay collection after 7 years?
Question:
I own lots of debt but after 7 years and is not on my credit report. Do I have to pay cheque them back?
Answer:
while respectively state is a little different - after 6 yrs of disinterest you legally DO NOT OWE the debt anymore.however, you hail as them, make any promises, or they phone you and you agree to start making minimum payments - you start the statute of limitations all over again..
I wouldn't bother unless you want to morally verbs your slatebut you will further destroy your credit rack up by reactivating bad debt to current desperate debt. not a good move
I am not sure how it works, exactly, but I assume that seven years is calculated from the date the debt was written rotten by the company and not from the day the debt occur.
Can anyone verify this?? I am pretty curious, too, how it works.
The short answer is you should always pay packet back your debts, but you probably don't enjoy to since they are over the 7 year reporting limit.
Basically, the creditors hold no leverage over you, since they can't report the info to the credit bureaus. however, be aware that if the debts are tax liens or student loans they can collect forever. They can also thieve your Federal and state tax refund and apply to these debts, so you should work out payment palsn for these types of debts. And if the debts hold become judgements, they can also continue to report former the seven years and can be renewed every 10 years or so.
But the basic small collections will largely go away after four years or so, because surrounded by most states they cant sue you after 2 to 4 years, depending on the state. So although the debts will be on your credit report up to the 7 year limit, the collection pains will usually stop after 4 years.
I am not sure what the legalities are but I still get collection phone call for a room-mate I had within school 9 years ago.
Generally speaking, no. I assume that you are worried something like your credit report and any legal ramification this debt may cause. For the most fragment, collection agencies won't touch debt older than 3 years (the time human being calculated from either when the debt be considered past due). After 7-10 years, any traces of the debt will be removed from your credit report.
If not a soul has tried to collect this debt, and no traces of the debt are on your credit report, I wouldn't advocate running out and paying the debt-unless, of course, your conscience is bothering you (as it should be...)
If you know who those creditors are, the amount you owe, and they appear to contact you for repayment, the honest thing to do is to generate arrangements, a payment plan to start repaying them.
This site will report to you the statute of limitations for your debt.
Whether or not you legally owe the debt after 7 years really depends on the state where on earth you agreed to the debt. This is called statute of limitations. For a catalogue of every state in the association, check out the Bankrate website below:
http://www.bankrate.com/brm/news/cc/2004...
In any case, it's entirely possible to enjoy your credit clean but still legitimately owe the debt (credit records drip off after 7 years, except bankruptcy which are 10 ---- whereas, some states have statutes that second 15 years).
Is Aspen credit card sudden at sending out after espousal?
Question:
Answer:
Yes I would say in principle quickly, in a few weeks. their website also allows you to make payments at no charge through a ridge account so specifically pretty cool, most credit card companies charge anywhre from 5-15 per payment.
dance to www.imagine.com and apply for their card.It be easy to apply for,swift getting here and great to use.You'll love it.
www.imagine.com
NO i havent recieved mine and it have been three weeks
Good query. Most banks bear up to 2 weeks, so you'll be lucky if you get it surrounded by 1 week.
I salaried a bill on my credit card on Nov.30th, when will appear on my statement?
Question:
I paid a bill on my credit card on Nov.30th. When will it appear on my statement?
Answer:
If it have not showed yet i would bid company with the conformation number they give you and advise payment is not showing yet, it possible the pay did not show to inaccurate statement nmbr or adress.call soon the longer you tolerate go the more fee's you are responsible for
anywhere up to 10 days depending on the method you used to wage it.
I would think it would be on your subsequent statementshould reflect on your explanation right away though.
It depends on when the billing cycle is.