Does an unpaid credit card win forgiven contained by 10 years?
Question:
Hi. Someone I know just get a letter something like an account she owed money on 20 years ago. She thought she compensated it off. I thought if you owed money on a credit card, that the debt is forgiven if you don't repay for 10 years. Now they are looking for 150 bucks 20 years later. Very uncharacteristic.
Is debt forgiven in 10 years if you don't foot?
What do you do if there is an side with such a small amount of money to be precise saying you owe when you don't cogitate you do and can't remember something that may have happen 20 years ago?
Answers:
Check your state's statute of limitations. Most states are 5-7 years. I HIGHLY doubt that they can still collect on that debt.
Send them a letter letting them know of their vandalism of your rights and ask them to cease and desist adjectives collection and communication activities.
The debt remains uncap and due until paid surrounded by full. It will not become forgiven, it will not be 'forgiven' until the debt is paid rotten, you are responsible for the debt.
No the credit card company doesn't forgive the debt. They have written it rotten as a loss after this much time. Believe me, the amount owing after all this time would be much better, and would include thousands for not paying each month, and slow fees each month, and afterwards compounded monthly at the highest interest rate. This is A) a scam, or B) a collection company that bought a chronicle from credit card companies for pennies on the dollar, and then they try to collect anything they can. Just forget about it, they are harmless, even though they will try to not tell the truth to you. They to will go away contained by awhile.
american business never forget...hence how they've managed to rip bad the people more and more respectively year. hell if you open a sandbank account and never close it or never use it THEY'LL ACTUALLY CHARGE YOU FOR NOT PUTTING MONEY IN IT.
it used to be after 7 years they wipe the bill off but near the new law that changed. I would imagine after 20 years they would make available up. Go to your states government page and you should know how to find something sorry i couldn't help more.
it's different from state to state.
However, purely because the statute of limitations is up on a debt doesn't mean they can't verbs to try to collect on it and a lot of times they'll if truth be told try harder as the time starts running out.
Beware, if she does send them any money she's primarily "renewed" the account and will hold to start all over again.
check out this contact for info on your state.
http://www.fair-debt-collection.com/stat...
Debts are not forgiven automatically after any period of time. They can attempt to collect from you until you due, and even after that, they can collect from the estate if it have sufficient value.
You are protected below the Statute Of Limitations Law on old debt.
No such item as forgiven debt. The debt is outstanding until it is paid contained by full.
Is it possible to acquire a personal loan or buisness start up loan near unpromising credit?
Question:
Answers:
Anything is possible. But, I think the query you need to ask yourself is "Do I want to money extremely high interest rates?"
I prefer not to. I expect the banks hold plenty of money, I don't feel the requirement to give them anymore than I hold to.
All you have to do is fix your credit.
If you hold a poor credit score, it is difficult to carry a loan from most banks and financial institutions. Credit is usually available individual at a very elevated interest rate.Only few companies provide loan with poor credit gain.Check out link for details.
http://l4y.info/
Hellow Friend,
Your loan conflict is ends here. You can get adjectives type of loans.All the world financial institution are ready to provide the loan for you. See the below website to winding up your loan requirement.
Hi there!
If you enjoy bad credit, getting a personal loan could be a dare. Potential lenders might charge high interest rates or service fees. Despite these issues, in that are loans for people beside poor credit. These loans are known as poor credit personal loans. They're provided by companies that specialize contained by granting these types of loans. You might want to look into them.
Also, if you'd like cooperative information on credit, try this website: http://learn.equifax.com/, provided by Equifax. I used to work with Equifax, and I know this website have great information. It’s created for the general public so it’s pretty straightforward to read. You might want to have a look.
Hope this help. Take care,
Most predictable no....have you considered credit repair? . Usually companies charge hundreds of dollars to simply verbs your credit and send correctly worded dispute letters—this is the key…..folks will tell you that you can do this yourself for free but the truth of the situation is that the credit bureaus will throw your letters away or simply reject them. There is an assured to use online kit that will deliver the results you want available for simply $19.95 at the source website. A similar kit is mortal sold via infomercials and radio talk shows for seventy dollars more but they try to solicit you repeatedly for other services after the certainty.
yes you can get a personal loan even if you enjoy a bad credit. Improve your credit evaluation and fix it if there are any corrections to gross.
Chapter 7 Bankruptcy Question?
Question:
Hello everyone. I wanted to ask a press about Chapter 7 BK. If anyone know the answer to this question, I would greatly appreciate it. Well, I am file for Chapter 7 BK, and I just not long filed my taxes( after I file an extension). My attorney told me that if I file right in a minute, then I would hold to surrender my tax refund($5000) to the trustees. However, If I keep on till I receive the tax compensation and then spend it, afterwards file for Chapter 7 BK, that I would no longer be liable to appendage over my tax settlement because I got it until that time I filed for BK. I know that I should trust him because he is the BK attorney, but it basically sounds kind of chance. The last item I want to happen is that I spend the export tax refund and the consider tell me that I own to give the excise refund to the trustee. If anyone have knowledge on this topic, can you permit me know? Thanks!
Answers:
Listen to your attorney.
Part of your Bankruptcy filing is have to provide your previous years tax returns. The Trustee will see the return on the return and for 5K probably inquire about it. In most cases if you can prove correct how you had to spend the money(Bills, Food..etc) you will be okay. That is if you move about out and purchase a Big Screen TV or a boat you are probably not going to be able to hang on to the Refund no matter if you database before or after you receive it.
It is going to be up to the trustee and determing your other allowances as if you would own to give up/back the reimbursement. So I would say freshly wait to record until after you receive the refund as your attorney have said.
OC1099 is correct.
As long as you can document that you spent the money on things that were required resembling bills, clothes, utilities etc. you should be fine.
Anything else will be looked at as fraud and you will have to repay the money.
Once u return with ur creidt report (i didnt discharge for it) can u still obtain another one for free?
Question:
r u supposed to get a credit win once a year for free or a credit report? and if u have to money for the credit report after u got ur free one how much does it cost
Answers:
A credit SCORE and credit REPORT are two different things. You are with the sole purpose entitiled to a free credit REPORT, the credit score will other cost you money. The score will usually run roughly speaking $15 per score but that also includes a report. There are companies that volunteer "free" scores but you enjoy to sign up for services in instruct to get that. If you don't reverse in time you will consequently be charged for the service.
As for the credit report it depends on what you already got. You are allowed 1 free per year from respectively of the 3 main agencies(Equifax, Experian, TransUnion). So if you singular got it from one of the 3 you are still allowed a free one from the other two.
After that it will cost you, and that depends on the state you live within. It will run anywhere from $8 to $10 per report.
The other way to find a free report is to apply for credit and if you get denied you can convey a copy of the letter and receive a free one that route. However, this is not usually a way to dance because it would have be considered an inquiry, and too many of those within a short period of time look impossible.
You can get one free one a year after that nearby is a charge.
http://www.equifax.com/home/
Each state is a little different contained by what they will allow, you need to check beside the three bureaus. Experian, TransUnion and Equifax. They will let you know for sure, most states allow at least possible one, some allow more if not from duplicate bureau.
If you did not go to my freecreditreport you may know how to get another. If you with the sole purpose got from one reporting agency not adjectives three you can still get it from the other two. The credit chalk up costs money. As for getting another report if you apply for credit and are turned down you can within ninety days request a copy of your report from the agency they used. it tell you who to contact on denial letter. you can seize one each time you are denied.
At annualcreditreport.com you can go and get one free report (not score) from each of the three credit reporting firms respectively year, so you could get one every 4 months if you progress to a different reporting firm each time.
Whats a upright credit card that take two to three days to deliver?
Question:
im lookin for a credit card that does online bank verbs from my bank details to the card.
Answers:
No Annual Fee Credit Cards
Platinum Business Cash Rebate Card from OPEN(SM) The Small Business Team gives No annual charge, The IN:NYC(R) Card from American Express also comes with No annual levy, Blue from American Express(R) has No Annual Fee next to Low Balance Transfer APR - 4.99% Fixed APR for the life of the go together -- especially good if you want to verbs your balances.
Apply online at: http://www.credit-card-gallery.com/ameri... and draw from instance approval.
That would be a debit card. ~
You can try first premier or orchard bank I hold both and both offer express service for the card. What is the rush though if you are looking for a secured card.You can take a debit card from your bank and beside a visa loga and when you make purchases notify them credit instead of debit it does the same item. Only difference is you put x amount on a secured card use it pay them to use your own money and after do it again. Orchard and first premier might let you spread out an account beside a small yearly excise and it will be unsecured and you can do that online.if approved takes 7-10 days to attain card.
Here is a list of credit cards http://www.ccvault.com/
well brought-up luck
Whats a biddable credit card to start out near?
Question:
Member since: May 02, 2007
Total points: 89 (Level 1)
Points earned this week:
--% Best answer
Sil3nt
S Whta a fitting credit ti start out from?
Im 18 years old i get my full time job but presently im tryn to build my credit i sent some applications for some major one and i get rejected is there a apposite credit card i can start from if u dont have no credit ?
Answers:
Have you tried Capital One? I would jump with them
Visa, Master Card, Discover.
Unless a company is predisposed to give you one, hold a relative that can get cards grasp you a second card on their card. Then have lone you use it. Use it and pay it stale every month. Within a few months, you will get offer to you directly and then you enjoy one. ~
I helped 6 of my Exe's siblings to carry cards that way.
The best place to go and get your first credit card is from your bank or credit federation. If you don't have any, find a credit union.
You could also try Orchard Bank (online).
Definately Capital One and Orchard
you might want to be in motion here to compare them http://www.bestcreditrates.net
No Annual Fee Credit Cards:
Platinum Business Cash Rebate Card from OPEN(SM) The Small Business Team give No annual fee, The IN:NYC(R) Card from American Express also comes next to No annual fee, Blue from American Express(R) have No Annual Fee with Low Balance Transfer APR - 4.99% Fixed APR for the duration of the balance -- especially well brought-up if you want to transfer your balance. Apply online at: http://www.credit-card-gallery.com/ameri...
Chane's right about Orchard Bank. The EASIEST credit card to find is a secured credit card. Think of this as building credit with a nest egg account, becuase that's exactly how that would work a deposit would be placed upfront to win the same amount of the deposit contained by a line of credit. They start sour as small as $200 and you can increase your credit line ever so repeatedly by adding to the deposit. As long as you earnings on time and maintain the balance down from what you spend, usually you'll obtain the deposit back after a year, and any a better card is offered, or the card changes to a regular one. I posted links to several secured cards that may work for you.
I hope this answer help...
Good luck!
Here is a list of credit cards for those with no credit history http://www.ccvault.com/credit_cards/bad_...
I would be in motion with Orchard.
correct luck
Applying for a credit card is this a angelic ranking 716?
Question:
i am applying for a credit card i am 34 with a credit chalk up of 716 how good is this chalk up to apply for a card?
Answers:
716 is a good mark, but which credit reporting agency
do you have the ranking with?
716 on Experian will bring you approved for several
American Express cards if you have definitely NO
bankruptcies surrounded by the past.
American Express have instant approvals on their
website and they seem to use Experian as their source
for credit score. If you do apply for an American Express Clear, Blue Cash, Green, Gold
and not get an instant approval, apply directly for
their Gold Delta Sky miles. And/or apply for HiltonHonors while you are there on the AMEX website.
American Express will one and only 'ding' you once for multiple inquiries in sometime from them on your credit score. (5 points or so).
Finally, jump to financeglobe.net for parallel scores
and credit cards.
yes it is the upmost you can get i muse is 850 or 830 so your score is pretty accurate.
yes, you are at or very close to the bottom fringe of the 'excellent' credit level; in that are, of course extenuating circumstances such as how heaps accounts you have very soon and how much of a balance you hold on them
You own a good credit gain. You shouldnt have any problems getting approved for a credit card.
Credit Cards?
Question:
Once a credit card is de-activated, what's the best way to verbs it? Is the information on the magnetic strip still viable?
Answers:
Best piece is to shredded it with a cross shredder. I also tend to throw for a while out in different garbages.. specifically more of me try extra hard.
Shred it
i only paid stale 2 off mine and cut them up beside scissors into 8 pieces no one will know how to put it back together or if u hold a shredder u can shred it
In California can an 9 year mature phone bill effect your credit rating? in that have be no attempt to collect.?
Question:
the phone company has sold this debt to an collection agency .We own had service beside the same company and no attempt to collect have been made contained by 9 years. The phone company and the collection agency both have our address and threaten to report to credit agencies
Answers:
I agree near Chane, send them a SOL dispatch.
There are only a few states where on earth original creditors are bound by the FDCPA and California is one of those states.
If both the productive creditor and the collection agency claimed that they will place it on your reports, then both of them enjoy violated the FDCPA by not only using threats, but surrounded by using the threat of placing it on your reports unless you pay - since they enjoy no legal right to re-age it and place it on your reports after the inspired 7 years has run.
You might click on my profile and click on the final link I hold listed to find a SOL memorandum template
no time limit on this. capture a copy of your credit report and see if it is there.
9years dated? if you have fruitless credit your credit restarts back fresh after 7 years, surrounded by california. Thats how people who wallet for bankruptcy seize back on their foot. It just take awhile.
old debts can be collected for up to ten years from the date they go into collections. After seven years they generally slop off your credit report. Usually though if it is a utility company and you want to return with service with them again you will not be capable of until the old debt is taken prudence of and then a immense deposit may be required as well. Get a copy of your credit report to check for any inaccuracy and you can dispute those. If they are not resolved within 30 days the credit bureau have to remove the unvalidated items.
As long as it is unpaid and out standing, no matter what state you live contained by, it is a negative factor to your credit score. Even if they do not call you to collect the outstanding stability, it remains on the credit score until salaried in full... after you should get a reminder from the collection company or billing company saying it is compensated in full.
Bottom strip is you are responsible to pay bad the debt.
Inform them that it is past the statutes of limitations and the debt can no longer be collected on.
Ask them, contained by writing, to cease and desist adjectives communications. By law, they enjoy to stop contacting you and it is illegal to report the rationalization to the credit bureaus. You are entitled to $1,000 per violation of your federal rights if they verbs to violate them.
I be making monthly payments at my dentist?
Question:
and my insurance overpaid by almost $400 so my dentist didnt collect payment from me so can my insurance come after me for that $400 following on when they catch that they messed up this be about 2 months ago
Answers:
Yes - they can and the probably will. I wouldn't spend the $400 however...
I would notify the insurance office, but perchance the dentist office did that already if they are reputable.
If u rate past its sell-by date 2 or ur credit cards how long does it purloin to show on ur credit report and?
Question:
how will it raise ur rack up?
Answers:
I recommend:
1) It usually takes at lowest possible a month if not two for the lender report the symmetry to the credit bureaus.
2) How much your credit score change depends on what stae you were contained by before.
If you have excellent credit, then it will singular change slightly... if at adjectives.
If you had a giant utilization (meaning you were maxing out your cards), consequently you would see the pay down to be more of an impact.
However, if you also have an on-going delinquency (i.e., you're 30 days or more in behind time payments), then you will not see a generous immediate improvment. Whatever you gain by lowering the usage of your credit line will be wipe out by the recent late payments.
In direct to see the real impact, you would hold to give it some time, 6 months to a year, to see the development in credit evaluation. The way FICO mark works is that the negative event will be weigh less the further it is contained by time.
Just Be!
It can take 30 to 90 days for creditors to report, but usually by the winding up of the month. If the major factor for your rack up being low is your balance, your score could stir up significantly, sometimes 60 to 120 points, depending on your balances and what else is owing. If here were other leading factors, resembling late payments affecting your evaluation, the payoffs will have smaller amount impact.
30 to 90 days to come off credit report.
Credit repair business or opening?
Question:
Does anyone here work in credit repair or have a credit repair business, if so are you making money. what's your approach for customers and how do you charge , im curious
Answers:
I am a credit repair specialist. I love it also! We make deeply good money. (There are profusely of people near bad credit!)
I work beside a mortgage broker and realtor. They both have plenty of ancestors who apply for home loans with desperate credit. We get them into our credit repair program and bring them a house within 3-6 months...sometimes sooner. It adjectives depends on the customers unique situation.
We charge anywhere from $570-$750. We own a home ownership guarantee.
I do, and I love it! The money is very virtuous. The best part is when you own someone's credit fixed up and they are able to catch the things they want. I can't think of a better mode of making a living than by helping people. As far as approaching customers the best style is to get referral from the intersection of credit and denial - get referral from car dealerships, realtors, bank, mortgage companies. As far as the charges, it depends on the credit report with my company (average 600.00).
Good luck!
I enjoy 2 websites dedicated to this. . Usually companies charge hundreds of dollars to simply verbs your credit and send correctly worded dispute letters—this is the key…..race will tell you that you can do this yourself for free but the truth of the thing is that the credit bureaus will throw your letters away or simply reject them. There is an unforced to use online kit that will deliver the results you want available for merely $19.95 at the source website. A similar kit is human being sold via infomercials and radio talk shows for seventy dollars more but they try to solicit you repeatedly for other services after the reality.
Help me pick the right credit card company?
Question:
what i meant is that im a tentative credit card user and i need someone to back me or introduce me to any credit card company that would accept me as a unknown credit user which mean that i dont own good credit or fruitless credit yet ...and beside no annual fee ..i did apply for funds one few week ago waiting for their approvel .but didn't get their letters back even so...so plzz help me for the sake of hot credit user...thnk
Answers:
Top 5 Cash saving category of American Express Credit Cards
1. Cash back credit cards
Want to earn dosh as you spend? The Blue Cash from American Express(R) gives Up to 5% Cash Back near Unlimited Cash Rewards and offer to Earn unlimited dosh back.
2. Credit Card near Cash Rebates
Amex Blue Cash for Business gives Up to 5% change rebate, Platinum Business Cash Rebate Card from OPEN: The Small Business NetworkSM gives Up to 5% currency rebate on purchases and no cash backbone limit.
3. No Annual Fee Credit Cards
Platinum Business Cash Rebate Card from OPEN(SM) The Small Business Team give No annual fee, The IN:NYC(R) Card from American Express also comes near No annual fee, Blue from American Express(R) have No Annual Fee with Low Balance Transfer APR - 4.99% Fixed APR for the vivacity of the balance -- especially honourable if you want to transfer your balance.
4. Fee free Cards
American Express Preferred Rewards(R) Gold Card is First Year Fee-Free with Online Fraud Protection Guarantee, Blue from American Express(R) have Fee-Free Rewards Program, Platinum Business Credit Card from OPENSM The Small Business Team has an Option to Enroll within Fee-Free Rewards Program, the Business Green Rewards Card from OPEN: The Small Business Network(SM) is also Fee-free for the first year - a $95 savings, The American Express Prefered Rewards(R) Green Card is First Year Fee-Free near Many other travel and shopping benefits. The Starwood Preferred Guest(R) Credit Card from American Express is First year fee-free and only $30 thereafter it also comes near -- Earn 10,000 Starpoints(R) with your first purchase extend, enough for up to 3 free night. The Gold Delta SkyMiles(R) Business Credit Card from OPENSM the small business team is also First Year Free, plus 15,000 SkyMiles next to your first purchase, The Business Gold Reward Card from OPENSM the small business team SM have No finance charges.
5. Credit cards beside 0% Intro APR
Blue Cash from American Express(R) has 0% Intro APR for 6 months, the Amex Blue Cash for Business have 0% APR during your first 6 months, Blue from American Express(R) has 0% APR for up to 15 months, Platinum Business Credit Card from OPENSM The Small Business Team offer 0% Intro APR for Purchases along with the leeway to Pay Over Time or In Full,Blue Sky(R) Credit Card has No annual tax and a 0.00% intro APR, The IN:NYC(R) Card from American Express has 0% Introductory APR for 6 months on purchases and symmetry transfers. Applly online at: http://www.credit-card-gallery.com/ameri...
Avoid ALL of them if you can. TRUST ME!
Go look at www.bankrate.com
they list adjectives the banks that enjoy the lowest fees, etc.
That is a great start, but don't apply for all kind of credit cards, or you can be turned down.
Look at your credit report if you are not sure what type of credit you have and call for to know what is on there.
www.annualcreditreport.com
Good Luck
I'm not sure if there's one essential you or if you might have any sort of portrayal with them already, but I open my first credit card account beside Bank of America. I got the World Points card, but I hold yet to use it - perchance look into them. Good luck!
take a look here:
http://quick.newcreditapplications.com...
you can compare a bunch of card stuff. they are adjectives catogorized by what you might be looking for as in rates, rewards, who the card is upright for... etc.
Capitol One will probably charge you a fee. At tiniest they do for me. $49 a year.
look at the above web site. you don't enjoy to apply for anything but at leat you'll get the low-down on what's out within.
For the best rates join a Credit Union and apply for a card through them.
Orchard. The site below have many different applications for adjectives types of credit. Pick and choose the ones you want to apply for.
Apart from no annual fee element of the American Blue Express it also gives lolly returns on specific purchases. Users of the American Blue Express also enjoy protection against fraud for online credit card transactions. This card tries to right the sundry wrong notions about the American Express credit cards, one of which is that it is a credit card solitary for rich or those who have money to hang on to a credit card.
Getting this card will also give you access to miscellaneous other cards from American Express. American Express targets culture of different styles and tastes. There is an appropriate American Express card for everybody within the family. The company also requests to target a niche market for credit cards, especially women and the youth. With this aim contained by mind, the American Blue Express was created.
You might want to check this website out. It have some pretty good credit card comparision tools, and you can rummage through like over 250 credit cards adjectives from this one website.
http://secure.newcreditapplications.com...
hope this helps
I recommend you apply for a credit card from Chase http://www.ccvault.com/credit_cards/chas...
If you are not approved afterwards I would look into credit cards for people next to no credit history http://www.ccvault.com/credit_cards/bad_...
Most of them have fees but once you own built good credit later you should be able to catch a better card.
good luck
Check this one, http://www.badcreditresources.com... , they own a reviews of credit card lenders
Question in the order of debt?
Question:
My brother was relating me that he did not pay around 15k in cc debt on going on for 3 cards. Now that 7 years past he have good credit. he told me that he be threaten by collectors bad two years ago and sent out correspondence asking them to verify/validate the debt. after he did that never heard from them again. Now those things hold fallen past its sell-by date. Any one have hear of this
Answers:
By law, cynical consumer debt items are removed from one's credit record after seven years from the date of closing activity, commonly the date the last expenditure was made.
It is possible that these items hold fallen stale his credit report. However if they are still unpaid, then they are still valid debts. If the collectors choose to inaugurate reporting the items again, or if they sell them to someone else who reports them, these things may still pop up on his report again.
He did do one smart piece, which is asking them (in writing) to validate the debt. Since you never know if/when a collector might market the account, it's other a good theory to know (in writing) if you truly owe these companies any money.
Yes, it's true bad debt does topple off after 7 years. However, some things don't. Judgments (which way someone tried to sue you for the money), student loans and any tax orient debt. However, keep surrounded by mind that if you pay a costs on the debt, the debt statue of limitations (time they have to collect) starts over. Because he moved out it alone for 7 years, without any communication it fell past its sell-by date. I don't recommend this though. Good credit habit is the passageway to go. I imply turn the tables, would you similar to it if someone borrowed money from you and said they would pay you pay for, but never did because they found a loop hole? Think about it.
Need answers from someone who works near credit?
Question:
I have three different credit cards, adjectives in devout standing, and all next to excellent payment history. A Bank of America Gold card, an American Express Clear, and a Chase Visa. I've have the Bank of America Gold the longest, since sometime around June of 2005 I guess (Bank of America is also the bank I use). It started as a $500 consideration secured card (where you give them $99 to deposit within a safe tale for a year, and they give it final if you do well). I made multiple payments some months...so much that they made it a regular credit card in 10 months instead of 12 and I get the money back precipitate. The bank woman had never see that before. Now I own a $5,000 credit limit on it, and almost no be a foil for. The only drawback is a $29 annual charge. I think this is singular the second time I've paid it (for the month of June) since I've have the card, just to hold on to the history and credit limit going for almost another year.
Answers:
Don't take a Home Depot card just to get hold of a card.
I'd call BofA and ask them to waive their annual duty or you will be closing your account. Start near that and see if you can keep that card and bring back rid of the fee. Otherwise, any card you go and get is pretty much the same as long as you are paying sour the balance respectively month. Some have bread back or frequent flyer mile programs approaching Citibank is tied in near American Airlines, but there are other programs, too.
Tell the mound who wants to charge you the levy that you will close the account if they charge it.
Oh my God! if you be that wordy with a csr I own no doubt that you would be given grief within response. Take a minute to compose yourself, catch up on your breath later ask a simple question.
No you do not involve more cards. It is important to live on change and only hold one or two excellent cards that you use and pay without blemish for emergencies. Pay adjectives of your bills, this includes utilities and rent perfectly and do not apply for more credit, it drags down your credit chalk up.
Drop the one with the annual charge, you can send for them and request it be waived, but that may not finishing. Just keep two beside low balances and flawless payments. Do not ever ask for increases, as they will do it automatically when you pay without blemish.
Put your money in the sandbank and use your debit card if you like using plastic and save a check register as if you were writing checks. This channel to live on your money instead of borrowed money. Good Luck.
Keep the BOA card. It is your oldest and has a useful 'history' that factors into your FICO ranking.
Apply for BOA Signature card and you should be approved no problem with a 752 ranking. Also, find out if you can transfer your history from the secured card over to the unknown BOA Signature credit card without a loss of points.) >>No more $29 annual tax and a lower % apr.
Don't cancel your cards doesn`t matter what you do. You will lose
history by getting rid of tradelines that factor into your FICO scores. Your 752 ranking will be
reduced because you'll be losing your 'POSITIVE' available credit line.
Just hold on to your unwanted card usage at least at a 1-3% utilization. Why? This also factor into your FICO scoring.
No utilization (not using the card) means no positive reporting by the credit card company.
Your age does not factor into the FICO rack up. Tradelines
and postive payment history does.