Has anyone accidently made a double transfer of funds to Bank of America credit card?
Question:
I made a mistake and paid bad my credit card $11,500 twice. Now I have a $11,500 credit and I've requested a credit compensation check on Feb. 20, 2007. It is now March 21 and since Feb. 20 I hold called customer service atleast once a week to follow up on my request (I would also email customer service through the BofA credit card website).
I would draw from different answers every time I would call:
"It take 7-10 business days to get your check"
or
"There is a review for your request and it will transport 30 days to complete"
And just immediately I called and they said they extended the review because of a "US patriot Act" contained by which they need to craft sure the money I used to pay my credit card is legit.
Does anyone enjoy any advice on who I can phone or what I can do to get my money rear legs? This service provided by BofA is ridiculous.
Answer:
The reason you get different answers is because not all customer service reps are created equal. Some of them will manufacture stuff up if they don't know the answer just to obtain you off the phone. It may come across obvious but as soon as an hand picks up the phone ask to be transferred to a supervisor (they are not allowed to verbs you unless you ask). The supervisor will have more authority over your report and be able to dispense you more information.
The truth is any check for more than $10,000 has to be reported. Just to take home sure you’re not planning to use the funds to blow something up. B of A has no control over that. All creditors own that responsibility.
However, they can give you accurate information and inform you the status of the review.
They are right about the Patriot Act. Any money transaction that exceeds 10k have to be reported to the FBI so that they can verify it is not money being launder. You will get your money posterior but also ask BOA for interest on that amount while they are holding on to it, that should speed things along. Good luck.
It is most likely a federal Anti Money Laundering regulation. Any lolly transaction of more than $10,000 requires investigation, so it's likely that it will pilfer a little while to carry your money back. In the meantime, anything that you use the credit card for will simply decrement the credit balance.
Will closing credit cards hurt my chalk up?
Question:
I am 21 and dont have a thoroughly long credit history. The only type of credit I own are my revolving accounts. I had opening too much debt that I recently compensated off and would similar to to close my accounts. Will that hurt my credit score since thats really the lone history I have? And if it doesnt, will it issue if I close them all at once or not. Im trying to boost my credit score so I can a motor, house etc...
Answer:
Closing credit cards with a wearing clothes amount of history is a no-no. The history accounts for 15% percent of your total score. If you enjoy had a biddable payment history on these cards, I would not close them. If you want to clash the temptation to spend, close most but preserve the two "best" lines open. By best, I niggardly the ones that have be open the longest and own the best payment history.
Closing your accounts sometimes make you look like you cannot oversee your money. In some cases, it does hurt your score.
On the filp side, if you hold the accounts open and do not use them, your chalk up does not go up. It will singular go up if you in actuality use the cards. (I know, Catch-22, right?)
I guess my advice would be to hold on to the two or three most attractive ones open and close the rest. Use the cards from time to time - charge just a little and compensate the balance rotten in full at the running out of the month. That will help you say your credit.
Good luck!
NO it will help you IF you salaried the cards off and did not folder bankruptcy. It will show that you own kept up your responsibilty and are in accurate standing with the creditors.
I would confer on them open and of late not use them. If you close them all, it will show up on your rack up as a closed account and could hurt you. An embark on account near a zero harmonize is actually better for you.
You also inevitability to use them but pay past its sell-by date the balance every month when the bill comes because that will stir on your record as a current money every single month. That actually help raise your rack up. The key here is to solely use them for things you would normally buy next to cash and PAY THE ENTIRE BALANCE every month and ALWAYS manufacture payments before the due date. Late payments will eliminate you.
From MSN Money - Read this. (I've also posted the link if you want to read the entire article)
Don't close matured, paid-off accounts
We used to tell race to close accounts they weren't using. Now here's the word from direct from Craig Watts, an executive at Fair Isaac & Co., one of the leading credit scorers: "Closing accounts can never help out your score, and recurrently it can hurt."
This knowledge is frustrating to those who want to simplify their lives and exhaust the opportunities for identity nicking by closing unused accounts. But credit facts are credit facts.
Shutting down credit accounts lowers the total credit available to you and makes any balance you have loom larger contained by credit score calculation. If you close your oldest accounts, it can actually shorten down your reported credit history and make you give the impression of being less credit-worthy.
no it will minister to u
Do You Have Bad Credit? Don't give up!! Guaranteed Bad Credit Financing. Receive a loan or credit card even next to bankruptcy!
Your details will be labeled as such.This account be closed at customers request and there is no distrustful information to report.Any lender who sees this will see you as a responable personality with credit and will be liable to extend credit to you.You should keep one information open purely incase you need to lunge on a plane or rent a car or hotel room.
dont close them that will hurt your mark. just brand name sure they are paid past its sell-by date. stop using them and after a few months i think almost 6 they will automatically close with no impair done.
what are the first step to establishing you credit?
Question:
I don't have any credit cards and i realy dont even know how to start.
Answer:
The best channel build your credit always begin by knowing how the system works. Your credit score is determined the following opening:
35% - Bill-paying history
30% - Debt ratio
15% - Credit history
10% - Mix of credit
10% - Pursuit of new credit.
Obviously, to bump up your score, you enjoy to:
1) Always pay your bills prompt
2) Keep credit card usage under 50% (under 30% best)
3) Never close outmoded accounts, which is like delete credit history
4) Obtain different types of credit : consumer, auto, home
5) Do not aggressively apply for new credit
You can achieve more details at http://financialbasics.blogspot.com/2006...
Good luck
1) pay your bills one time
2) procure a credit card. use it periodically, but don't rack up a balance
3) buy a house or a vehicle or something that requires installment payments
The top things that influence your credit score are delinquent payments, undo balances (not including mortgages, or at smallest to a lesser extent), and percent of balance which are used.
the best way to start is to hike into your bank and find out if you qualify for a credit card. if you dont, apply for a secured credit card -- by depositing a secure amount, say $500, near the bank, theyll endow with you a card that allows you to buy on your credit of $500. pay it posterior in a timely style with no belated payments, and the bank will return your $500 deposit and provide you with an actual credit card. be sure to verbs a clean pay-out record, and youll be powerfully on your way to establishing your credit.
Call any of the foremost credit card companies and get an application for two of them. Use the card for just essential purchases and always retribution the full balance when billed. Do this for 6 months and VOILA !, you get credit.
The way I established a credit history (many moons ago) be, I took out a signature loan for $750 and then used the loan money to pay cheque back the loan. The monthly payments established a history and I wasn't out any change. Once I started paying the loan, the credit card applications came flying contained by.
NOTE: Credit cards should only be used for emergency. If you don't have the money for a "wishlist" item, liberate up for it. Credit debt is ridiculously hard to settle down with the percentage rates they charge. If you own to use credit, try to pay it bad when the statement comes. If you don't have the money to do that, at smallest try to pay 20-30 dollars more than the minium due. That will assistance pay more towards the principal amount and wages it off more rapidly. You will be spinning your wheels if you merely pay the minimum match. Trust me...the banks would lately love to keep you surrounded by debt to them as long as possible...they're making a killing on your interest.
How do i set up auto recompense from credit card?
Question:
Answer:
If you are financing your next automobile, getting other is probably a top priority. Each year, millions of car buyers make a purchase of bad auto loans. These include upside down loans, loans next to extremely high rates, and so forth. Before getting an auto loan, kind sure you understand the language of the loan.
Your credit rating will determine the type of auto loan you are offered. If you have unpromising credit, lenders generally grant a loan package next to an interest rate a few points higher than the current average. Dealership financing is the worse contained by regards to interest rate hikes. Read more nearly auto payment at: http://www.credit-card-gallery.com/artic...
Log into your credit card's website and if it's possible near that particular card, you should enjoy an option to produce auto payments. Look on the back of the card for a website URL if you don't know it.
Where ever you get the vehicle, call them and describe them you would like to form your payments to them by credit card. They will help you.
I do not know if that would be possible but take care that would be a slippery sloop
Could anyone please make a contribution me the address of mercers debt salvage, i muse they are surrounded by northampton somewhere?
Question:
full address if poss
Answer:
MERCER & HOLE
Northampton Business Park, 300, Pavilion Drive, Northampton, Northamptonshire NN4 7YE
Tel: 01604 669330
o Rescue, Recovery & Insolvancy o Debt Management o Financial Services o Business & Personal Taxation o Accountancy o Audit & Specialist Audit
Debt Advice & Counselling, Insolvency Practitioners
http://www.relief4debt.co.uk/cms/section...
Do you think you might tight-fisted:
Mercer & Hole
Northampton Business Park, 300,
Pavilion Drive, Northampton,
Northamptonshire
NN4 7YE
Tel: 01604 669330
They are an Insolvency & Business Recovery agency.
Any good?
i received communication from them address stated PO Box No 55 Liverpool L32 8XX Tel no 0870 410 0385
Mercers Debt Collections Limited
P O Box 55
Liverpool
L32 8XX
If in doubt only send it to Barclaycard. Mercers is a trading style of Barclaycard. They are, within effect, the same company.
procdedure to distribute international cheques?
Question:
how do i send an international cheque from india to us. from which bank can i draw the money.
Answer:
The bank you hold the account surrounded by .
The best way to convey an international payment of thi snature is by International Money proclaim issued by a local Indian bank. near should be plenty of International Banks in India whom would know how to do this for you. When the money order have been issued you can later send it on to the USA.
If the receiver in the US have a bank narrative, I would look into a wire verbs. You save the time of mail the check and eliminate the risk of losing it surrounded by the mail. Any massive bank should own this ability. If they don't, they probably can't issue a check that would be permitted at most US banks.
How do i set up auto expenditure from credit card?
Question:
Answer:
you are nuts !! , never and i mean never use auto clear , these companies now enjoy all the information the call for to wipe you out , and with a ever growing problem next to idenity theft , your a moment ago asking for problems
Contact your credit card company and they will send you out a form to crowd out and Bingo! it's done.
I want to consolidate my default university loans and default credit card.?
Question:
I have 6 default school loans for going on for $6500 and a $1500 credit card loan that I would like to consolidate adjectives together if possible. Can anybody recommend a honourable consolidation loan that could help me? I am trying to shut in up and get my finances contained by order.
Answer:
Personally, I reflect on it is a bad hypothesis to consolidate your student loans with a credit card. You'll predictable get a much lower interest rate on the student loans than you ever will if you try to steal out a loan from someone else to pay sour the student loans.
For the student loans, however, you can and probably should consolidate them. Go to the Federal Student Aid website (link below). There is information there on how to consolidate the loans. You'll own to work with them to draw from the loans current but they are very agreeable and will likely even distribute you a lower interest rate than you currently have. Trust me on this. You'll return with a much better deal from them on student loans than you will from any guard or other lendor. If they see that you are making an honest effort to seize the loans out of default, they'll work beside you. But every month you wait, you're freshly getting more and more dings on your credit score. Student loans are reported a moment ago like any other debt. There is an 800 number on in attendance somewhere and I found that I was competent to work out a much better deal by calling them and conversation to a human than I was by trying to do the total thing on stripe.
As for the credit card, start paying as much as you can towards it and get it rewarded off as soon as possible.
Just wages them off - don't step deeper into debt.
If you are in America, and these are federal student loans, you may be within luck. The gov. has a program to rehabilitate default loans that benefits both parties. Once you work out an agreement next to them, they will take your loan out of non-attendance status and delete the entry from your credit report. You will once again be eligible for federal aid, and once certain conditions are met, you can even defer payments. You must agree to recompense arrangements, and you must make adjectives payments on time, every time. Contact the federal student aid agency right away to spawn arrangements.
what is the time excluded contained by tennessee for debt creditors?
Question:
when you owe somone how many years enjoy to pass untill they cannot collect
Answer:
7 years
Is joining a credit grouping a well-mannered point?
Question:
Answer:
Depending on which one you join, it can be ideal. Credit unions are approaching "country clubs" for banking. You can find perks on home, auto loans, credit cards.
Yes, you can capture better rates for loans at a credit union, and loans are usually easier to win also.
There are usually some advantages. You usually get cheaper loans . Compare adjectives things they offer to other bank in your nouns.I belong to one myself.
Yes, depending upon the credit union. Larger CU's will proposal more services, but will have stricker lend guidelines. I would encourage you to fuse one.
yes, easy to receive a loan and other things
Many people approaching the fact the money they engender goes hindmost to the membership as a unbroken, not to a group of stockholders. Board members of a credit grouping are actually volunteers.
Help, I entail to borrow money asap but?
Question:
1. I do not have a home or other collateral. 2. My credit ranking is in the mid 500's but I am working really sturdy to improve it and most of it is REALLY mature debt from 1999 and 2000. 3. Only been living/working within new city for 7 months and I do NOT want a payday loan. Any counsel?
Answer:
I have placed this contained by the source box. There is a wealth of information within and a great free debt management software program. I bookmarked the site as I return to it normally for the advice it offer. I hope this helps you.
Your likelihood of getting a loan with your low credit mark plus relatively new opening, are not good. If you do run to get a loan, it's going to be really high-ranking interest rates putting you even further in debt.
You stipulation to get that outdated debt paid rotten. It is killing your credit gain. I realize your broke right now or you wouldn't be trying to capture a loan but you need to generate more than the minimum payments on those old debts and acquire them paid past its sell-by date. I'm assuming they are credit cards and you are making minimum payments.
If you sat down and figure out how much you've paid within interest on debt going back 7 years, you'd be astounded at how much money you've worthless. Here is an example:
Credit card balance - $5,000
Interest rate - 18% (many credit cards charge 23% so this may be low)
Minimum reimbursement 3%
If you make of late the minimum payment that they ask you for every month, it will clutch you almost 14 years to pay bad $5,000 and by the time you've finished paying it, you will have rewarded another $5,000 in interest. If your interest rate on that card is 23%, and deeply of people next to bad credit grasp stuck with those 23% cards, you'll be paying for the subsequent 18 years on that card.
My best advice to you is payment as much as you can every month on those cards. The minimum payment is going to wear you down.
dear frnd immediately u can get ur loan really easily...
If U own enough money contained by 401K plan, borrow some from there. Even when U do clear interest on the loan,you're actually purchase because you're paying yourself back and next some.
I've done it several times myself and it still sure beats going to a payday loan as U find to determine how long you off the loan.Good luck
You can borrower $1,000-$25,0000 on www.Prosper.com
It worked for me and it could probably do wonders for you too!
I love this verbs and I support it 100%
I started out as a Borrower and now I am a Lender.
You hold to have a minimun win of 520...and hopefully you do. I would recommend joing a group to help you. Prefferably a group next to a 5 star rating so that lenders are confident in bidding on your list.
If you want to see me and my already funded listing please stir to the "lend" tab and under the "Seach Loans" tool, type "76240" and click "search".
My borrower dub is Ontherightpath22. I just want to prove to you guys to be precise really does work!
Email me with any question. =)
Company Overview
Prosper, America's first people-to-people lending souk, was created to create consumer lending more financially and socially rewarding for everyone.
The path Prosper works is intuitive to people who enjoy used eBay. Instead of listing and bidding on items, inhabitants list and bid on loans using Prosper's online auction platform.
People who want to lend set the minimum interest rate they are predisposed to earn and bid in increments of $50 to $25,000 lent listings they select. People who lend can easily diversify using "standing orders", which automatically bring in many small loans to different borrowers.
In mixing to criteria commonly used by institutional lenders, such as credit scores, population who lend can consider borrowers' group affiliations. Groups on Prosper are critical to bringing people together for the adjectives goal of borrowing at better rates. Groups earn reputations according to their members' repayment accounts. Groups with successful repayment histories should attract more lenders offering lower rates.
Borrowers create loan listings for up to $25,000 and set the maximum rate they are inclined to pay a lender. Then the auction begin as people who lend bid down the interest rate. Once the auction ends, Prosper take the bids with the lowest rates and combines them into one simple loan. Prosper handle all on-going loan regime tasks including loan repayment and collections on behalf of the matched borrower and lenders.
Prosper's rigid privacy policy reflects co-founder and Chief Executive Officer Chris Larsen's longstanding history as an urge of stringent consumer financial privacy protection laws and practices. Prosper does not vend, rent, or share members' personal information with third entertainment marketers. Prosper members are within control of how much personal information—if any—is revealed on the website and with other member. Prosper's security and identity endorsement systems are state of the art, and consistent with those used by bank, brokerages and institutional creditors.
Prosper generates revenue by collecting a one-time 1% or 2% payment on funded loans from borrowers, and assessing a 0.5% or 1.0% annual loan servicing fee to lenders. Backed by Accel Partners, Benchmark Capital, Fidelity Ventures, and Omidyar Network, Prosper have raised approximately $20 million. Prosper's souk platform is patent approaching.
Try the below company, under the "Special Loan Needs" box (they aren't payday loans)
how do i take an unsecured credit card next to bleak credit?
Question:
Answer:
Orchard
Tribute
and
Premier all own pretty good programs right presently. They are unsecured and start you off next to a line of $300 if you qualify. After 6 months, you enjoy the chance to bring back a credit line increase as long as you engender all your payments and product then on the dot. Good luck, bad credit sucks.
Search on vein and look at what sites are there that can draw together your needs. It is a highly competitive market at the moment so you should find something.
I know of a Site where on earth you can do a Free search for the best credit card deal, even if you have discouraging credit. Please click on my name (aquarius) consequently click on my 360 profile page and look near the top of my profile page. Go to the "Money Saving Ideas" page of that Site and look for the fragment called "Lower Your Interest Rate" to do a Free search out (I cannot put a link contained by my answer because it is against the rules)
I filed collapse a year ago and was basically able to bring a credit card via Orchard Bank. It's 14% interest but now days, what isn't ? Good luck to you.
Chances are, if your credit is desperate enough, you may not know how to. Your best chance of getting one though, is near a very hulking bank that issues closely of cards to sub-standard borrowers at higher rates. The easiest opening is to respond to a pre-approved offer, as the companies own already run your credit score and own an idea whether they want to really donate you one or not. If you're not receiving them, contact CapitalOne, Chase, and Citibank and ask to apply for card. The worst that can come to pass is they say "no, thanks".
i'll bestow you a simple solution to get one
http://www.wesayes.com
to some extent you use it is all up to you adjectives depends how bad you want a credit card
Maybe you can try below website to capture the information. It's about credit card articles for your second assessment
This site lists several credit cards for family with poor credit. Several of these be already mentioned by previous posters.
http://www.creditcards.com/bad-credit.ph...
I had a upright experience with Orchard Bank.
Bad credit is one of the worst problems to own... however there exists a solution.
I will hereby settle from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would compensate to some minor details,
if someone wants to go and get out of debt today it is pretty easy next to a debt consolidation plan, however it may get a bit tricky at times, I suggest you win as much information as possible online on this first,
a good place to start surrounded by my humble opinion is astraight to the point ebook near question and answer I found :
http://umgarticles.atspace.com/debt-cons...
if it help kindly remember me within your voting!.. cheers!
in the inter lattice go to credit card.com
I am thinking to apply for the american express blue brass credit card. How pious is it and are within any tricks
Question:
I don't understand the cast-offs language contained by the terms and conditions. what is the interest rate that will be applied to my purchases? and anything else you might know. appreciation
Answer:
The American Express Blue card was the card that get the whole blue movement rolling. Although it isn’t as power jam-packed with the features found within Sky Blue or Blue Cash, the Blue card is still a worthy choice. If you select “Blue” you get 0% APR for up to 15 months, 4.99% APR on stability transfers for the life of the loan, and you will earn points toward the American Express free rewards program. Yes, near is no annual fee near the Blue card either!. View adjectives american express credit card at: http://www.credit-card-gallery.com/ameri...
It's good and in that are no tricks, you get dosh back on adjectives purchases and your interest rate is determined by your credit. There is no annual fee and that is to say a plus for American Express.
I just get one a couple weeks ago. The interest rate on purchases is just above 13%. Balance Transfers be much higher above 20% I believe. It's not too discouraging of a rate if you aren't transferring large balance.
I would avoid American Express at all costs. I run into financial hardships and Chase Manhattan Bank be willing to work beside me but American Express started harassing me right away, would not negotiate, would not help me within any way. In reality they upped my interest rate to 39.99% to the point that I could not even pay it bad. I was vitally forced into bankruptcy because of them not mortal willing to work next to me after years of being a VERY GOOD customer.
credit cards really depend on a few things. Are you carrying a go together? If so then the lowest possible rate is what you want. If you are looking for brass back, the percentage rates eat into that and may not be worth it. membership rewards cards are crap as they make a contribution you prizes that are overpriced and you have a set number of thing to chose from. The best entity to get backbone is cash and you can buy what you want. There is one credit card that pays 1.25% on every purchase and 5% on wages at the pump at every gas station. It just shows up as a credit on your statement. It is at penfed.org and if you can find a better credit card tolerate me know
The AMEX Blue Card is a great offer! Although a Visa or Mastercard would be permitted at more locations-- it's a very competitive tender with a low APR and long intro. You can find the AMEX Blue and other great offer here:
http://www.asapcreditcard.com/0-apr.html...
GOOD LUCK!
Most difficult credit card to apply for?
Question:
Answer:
That would be the American Express "black" card.
The Centurion Card, popularly known as the Black Card, is American Express's most exclusive charge card. It is the one and only card made from metal (titanium), and it provides access to a range of exclusive privileges. As of 2006 the annual tax in the United States be $2,500, and it is estimated that there are a reduced amount of than 10,000 cards issued worldwide.
I think contained by Asia it would be OCBC, Overseas Chinese Banking Corporation, you need to hold at least more than than a few thousands dollars up to that time applying for credit cards.
Hi!
American Express is the hardest I am aware of..with their no preset spending limitations (Ohhhh..I would not do well next to that!)
and many perk. Sears used to be one of the hardest cards to get..but..from what I've hear recently..it's not true at the moment.
i think its no
should be OCBC, used to be Citibank, but they own become a lot more lax contained by approving credit card application now, unlike OCBC, even if u come together way above the min of $30k for your business, they will still turn u down.
i dont know but u can bring back details from this source.
i hope this will help u.
All your desires about credit card details here.It's lend a hand you hope http://www.freewebs.com/creditcard4all...
I want my mom to draw from me an eBay description but she doesn't wan't to hand over her credit card number. What should I do
Question:
She thinks I will closing stages up buying from somebody who takes the money but doesn't contribute the product.
Answer:
You don't need a credit card number to break open up a eBay account.. If you stipulation anything of that kind (I don't if truth be told remember if you do) it would be a debit card number if you are 17 or older you can receive a debit card anywhere yourself. If you don't want to do that or if you are younger show your mom the feedback on the seller to show her the positive feedback some of the merchant have... make clear to her that you promise her you will only buy from power hawker who have the greatest positive feedback and afterwards tell her you will use paypal to money to secure the recompense up to $5000 dollars... If anything happens you will catch your money back w/ paypal... If you don't own paypal, go ahead and unequivocal a free account very soon @ www.paypal.com
paypal protects your money and eBay gives up to $20,000 of insurance for free.
Tell her to unfurl an internet acct. with so much money within it,, that way she won't be using her acct on E-Bay.
stir to the bank and attain a pre paid credit card
Help her to better take to mean EBay. Get the facts of how it works from the website. Print them out and ask her to read them. You don't need a credit card number to initiate an ebay account. All you have need of is a email address.
Some sellers will adopt money orders and personal checks. If you are interested surrounded by some items why not check and see what payment form the peddler accepts?
Btw, I own been an eBay extremity for 5 years and have rec'vd adjectives of my items.