I have a couple of high interest credit cards,should I pay them off and cancel,or not a good idea to cancel?
Answers: Pay off your credit card debt, but don't cancel it. Canceling your credit card account will hurt your credit score. If you don't want to use them anymore there are a couple of options you can do.
1. Cut them up and pay everything in cash.
2. Close the account.
I stopped using my card for a couple of months, but I still keep it open.
If you will be able to keep them at a zero balance and use them occassionally to keep the account active (pay off at the end of the month), it will be better for your credit score to keep the accounts open.
If you fear getting into debt again, it may lower your score temporarily but you will be better off closing the account (s). This may be the less stressful option, too.
interest rates really shouldn't matter. the trick with credit cards is to pay themoff each month. use their money for 55 days for free then pay it off
How to contribute best contributions to employer?
My Boss ask me.."What contributions that you can give to company?Please oblige me to answer...your cooperation is highly appreciated
Answers: What can you do for the company.
Here is a roll of things employers similar to. What are you doing on this list?
-overtime hours
-working weekends
-how okay do you inspire others to work harder
-how much of a yes person are you
-do you budge the extra mile in adjectives areas of your work
-working without complaining
-skipping lunch and working instead
If you get a letter from a debt collector does it bad a black mark on your name?
Answers: If you have a loan credit card or any other debt, as soon as you get letters chasing you, you are already in deep. Its when you get default letters and then ccj's thats when you start to worry.
Really the best time to call them is when you know you cannot pay- your credit rating maybe affected anyway but it doesn't look too bad if you get in touch and come to an arrangement.
I am not 100% sure I understand your question, but if you are asking if it will be on your credit report, it depends. If the company reports it to the credit bureaus, then yes. If it is not a valid claim, you can follow up with the bureaus to have it removed.
annualcreditreport.com allows people in the US to get their credit reports for free once every 12 months.
If the debt collecting agency is engaged by a reptuable company- sort of.
The company that called in the debt collector would have already told the credit reference agencies when you didn't pay your dues, and probably told the same agencies they were taking it to the debt collector. The actual letter from the debt collector will make no difference.