Loan Info Search - Q&A: credit card

Question: #5: What is a good credit card to get that you almostwill never get turned down for?
I currently have two credit cards, but would like to get one final one. I've been getting turned down for a few recently that I thought sounded good. What are some good cards and websites where I can get a credit card that almost every gets approved for? I'm young(21) and trying to establish some more credit. My friend got approved for a Best Buy credit card tonight and his credit isn't that good. However, I just want a main card(for example: visa, discover) and not a store card. Thanks for any help. - asked by JerseyJeff84

View All Answers (5)

Question: #6: What credit card should I go for citi bank or bankof america?
I have a credit score of 700 and wanting another credit card. I was thinking about citi bank or bank of america. What one should I get? I only have one other credit card from Wumu. I want a credit card that report to the 3 credit bureaus every month. Anyone has either one of these cards, if so, what one did you like and why? - asked by azkoolchik

View All Answers (8)

Question: #7: What credit card is higher a Band of AmericaPlatinum Plus or a Bank of America SignatureCredit Card?
With the World Points Credit Card what is higher a Platinum Plus or a Signature. What is the difference in terms of APR, Eligibility etc? What is the highest level of cards? Is My Concierege a good service? Are the airfares really without blackout dates? Is there accident insurance. With the new Bank of America World Points card with 1.25 points is the Platnium Plus the highest level? - asked by travelplus

View All Answers (4)

Question: #8: Can credit card companies close your accountswithout warning? How does it affect your creditscore?
I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the situation? (Is there anything I can even do?)Also, I know that closing credit card accounts lowers your credit score. Does anyone know how much mine will be affected? - asked by Sara

View All Answers (6)

Question: #9: What credit card would you recommend for someonetrying to re-establish good credit history?
I have decent credit but I had cancelled all my cards when trying to get out of debt. I am now free of all unsecured debt but I need to have a card so in the future I won't be hurt by having no credit.I'm thinking I want a card with no annual fee and a low APR. The card would only be used very occassionally and paid off immediately. I have no desire to repeat previous mistakes.Does anyone have any recommendations for a good card for this purpose?Okay, as I said, but everyone is skipping, is that I have decent credit. My credit score is 700.When I got into trouble I went into debt consolidation right away BEFORE my credit got screwed up.But I do appreciate those of you who are taking the time to answer. - asked by Tamborine

View All Answers (12)

Question: #10: Is it possible to transfer credit card balances toothers' credit card accounts?
Situation: Person A has multiple credit card balances on high interest credit cards and Person B has a credit card with a much lower interest rate. Due to a poor credit history, Person A can't obtain a low interest credit card. They've agreed to transfer it to Person B's low interest credit card and have Person A pay Person B the monthly payments to make it easier to pay down their high interest balances.Is this possible? - asked by Matt

View All Answers (6)

Question: #11: What credit card to get at 18 and not a collegestudent?
I always thought at 18 they love to give you credit cards, I've tried Capitol One, Chase, a QT credit card, and a Best Buy one. All deny due to no credit history. I obviously can't get Credit history if they won't let me have credit. I Work 2 jobs and just want to have one just in case and to actually build my credit. What's going on and why do i keep getting denied? - asked by Bryce

View All Answers (4)

Question: #12: What credit card is best for a first credit card,and you have limited history?
I just turned eighteen at the end of February, so I have limited credit history.I was wondering what credit card is used for building credit, and would be the best choice for a person getting they're first credit card. - asked by Tay

View All Answers (1)

Question: #14: Is giving my credit card,debit card and bankaccount information to paypal and ebay safe?
There are rumours about money theft by unauthorized persons from your debit cards,credit cards and bank accounts.I am planning to do business online.Will it be safe to give my credit card, debit card and bank account number to paypal and ebay. - asked by Surain C

View All Answers (2)

Question: #15: What is the best credit card to apply for for thefirst time?
I have years of excellent on-time rental history, however I have no credit because I've never been in debt (always pay bills on time) go figure. I was wondering which credit cards I could apply for, for the first time. Wal-Mart Credit card rejected me because I have no credit, and I'm just looking for something small so I can put things on the card and pay them off quickly to establish some sort of credit. Any suggestions? - asked by flori0009

View All Answers (6)

Question: #16: What is the best credit card for an 18 year old?
I am only getting a credit card so that I can make small purchases and pay them off right away to build my credit. Please do not lecture me on how to use a credit card, I am already fully aware. I just want to know which credit cards have the lowest rates for an eighteen year old with no credit. Thanks in advance!If you are just going to answer "none' don't bother. - asked by alilley07

View All Answers (11)

Question: #17: How does a credit card work and why do I have toget one?
I just turned 18 and I am trying to get my own place but they said I need to have good credit. To have good credit, they said I have to build good credit, but the only way to build good credit is to have good credit. Why is that? I was looking at credit cards and purchases become way more expensive when you buy them a credit card. So why use one? But to build credit you need to use one. Am I mistaken? Could someone explain how a credit card works please? - asked by Brandi

View All Answers (2)

Question: #18: What category does a credit card loan go to whenthe debit is for equipment for your business?
Will my credit card be under a cost of goods account, expense account, loan or what? The equipment had already been paid in full by the credit card, now we are paying the credit card off. Should I name the credit card as a vendor? - asked by queen_kat779

View All Answers (2)

Question: #19: Should I get a credit card? How do you choose thebest credit card?
I just finished college, and work full time. I have a debit card, and building good credit from paying off loans. A lot of people have been telling me to get a credit card, but I wonder if it really is necessary. Please give me some good reasons to get a credit card other than building good credit. The only other advantage I know about is those point-system/rewards credit cards, that earn you miles or other things. And what is the best credit card to get for a first time credit card holder? The number of choices are a little overwhelming. How did you choose your first/main credit card? - asked by Acrow

View All Answers (7)

Question: #20: How to get a credit card with no credit and nochecking account?
I'm young with no credit and no checking account. I've been looking online and have only come across debit cards or credit cards that require a checking account. Where and how can I get a CREDIT CARD w/ no credit and no checking account? - asked by mommy's princess due 8.8.09!

View All Answers (4)

Question: #21: How does getting credit back on your credit cardwork?
Let's say I buy something for $100. I return it and they say I will have that credit back on my credit card. So now my credit card balance is $100? What if I paid for that $100 already and then returned it and got credit back? Can a credit card have a balance and have money withdrawn from it? - asked by Dr. Bass, M.D, Ph.D

View All Answers (4)

Question: #22: My credit card balance is over 50%. How long willit take my credit score to go back up?
Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I'm over 50% of the balance, and I just learned that's bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks. - asked by Casey

View All Answers (3)

Question: #23: Is a secured credit card a good way to establishcredit?
I have no credit history cause i've never had a credit card or borrowed money or anything and I want to establish credit now. well I applied for a credit card that required a deposit..secured credit card will that help boost my credit and how high will my score go once i start establishing credit? - asked by yeah!!!

View All Answers (7)

Question: #24: Is a credit card number really valid for a depositon a service?
I own a small business which often takes credit card numbers over the phone as a deposit. We recently had a customer no show, and she contested through her credit card company when we charged her (she claims it wasn't explained when she gave us her #). The credit card company took her side and said it is policy to allow anyone contesting to get their money back if there is no signature. How can this be? So many hotels and services take card #'s as deposits! - asked by JNate

View All Answers (2)

Question: #25: Are credit card protection plans good for reallyreally old people?
They typically run .99 per $100 and the deal (supposedly) is that if after 90 days of coverage, the cardholder croaks, that they credit card amount owed is forgiven. In the case of elderly people in not the best of health and with large credit card debt ($5000+) is this a good idea?You'd basically be paying $500 a year and betting that you're going to be keeping a high credit card balance and that you'd be likely to croak relatively soon. - asked by petra

View All Answers (5)

Question: #26: Can credit card companies sue an estate of someonewho has died to collect outstanding balances?
My father in-law has incurable cancer, and outstanding credit card debt of about $55K. Can the credit card companies sue his estate or children to collect the outstanding balances on his accounts once he passes away? - asked by artis

View All Answers (10)

Question: #27: What is the best secured credit card to get for acollege student?
I'm looking to start building credit, and I'd like to do this by getting a secured credit card. So I'm wondering which cards or brands have good deals for the time I'm going to need it. Also if anyone could give some insight on how the transition works from a secured credit card to a regular credit card, that would be appreciated. Thanks in advance. - asked by Joseph C

View All Answers (2)

Question: #28: I transferred two credit cards to a new creditcard. How long does it take to officially gothrough?
I did this last week. My new credit card is showing the balances of the others, but the old credit cards are not showing that they've been paid. - asked by two_kee_kees

View All Answers (4)

Question: #29: How does someone build credit without a creditcard?
I am thinking of those who do not have a credit card and pay for everything by check and cash. How is their credit rated? Is it based on a loan for example (car, student, etc.) and what if it is their first time applying for such a loan? How is their credit history looked at then? What if someone is applying for an apartment rental and does now own a credit card?I have always wondered this.Also, some people, after having paid off their debt, switch to using cash or check only, but apparently no activity at all on your credit card accounts isn't good either.Any input? - asked by Li

View All Answers (8)

Question: #30: What to do when your credit card company causesoverdrafts at your bank?
I recently paid my credit card bill of $2.27, however the credit card company entered the payment as $227.00, causing $50 in overdraft fees at my bank. The credit card company had me fax over a statement with the bank fees on it so they can take care of it, however after 3 weeks they still haven't done it, they tell me that they don't even know if the statement is in the building and that they get hundreds of faxes a day and as soon as they get to it, they will handle it, what if this takes months? Is there a way I can make them take care of this matter more quickly? I just went ahead and paid my banks fees just so I could use my bank account again. Did I do the right thing? What if the credit card company never received the fax and they end up asking for another one, how can I make sure that they receive it? They corrected the mistake between the $2.27 and $227.00, maybe that's all I can hope for. - asked by daveysgirl126

View All Answers (2)