Are you in favor of lowering the standards of credit scores to help the economy?

Posts Tagged ‘High Interest’

Are you in favor of lowering the standards of credit scores to help the economy?

By Author on Monday, August 29th, 2011 | 5 Comments

With the economy down and it impossible to get credit. Do you think it is a good idea to lower the credit standards so that it is easier to get credit. For example. Those that currently have high credit scores should be able to pay no interest on any loans. And those that have fair [...]

do I have to list all credit cards in a debt consolidation plan?

By Author on Wednesday, July 27th, 2011 | 2 Comments

I am thinking of doing debt consolidation , all the major credit cards I have have 20% + interests and I want help in lowering interest rate. Would I have to list all the credit cards I have? Or can I select the big ones with the high interest? Related Credit Card Sites

Do you have to have a credit card to build up your credit?

By Author on Saturday, July 2nd, 2011 | 10 Comments

I want to pay off my credit cards because they are such high interest. I have late payments in my history, so I want to build up my credit again. Do I really need credit cards to do this? I hate the idea of owing money. I thought about getting a credit card, using it [...]

What banks will let you use a credit card for the opening deposit when you open a savings account?

By Author on Saturday, May 14th, 2011 | 6 Comments

I want to open a savings account for about 0 and charge the opening deposit to a credit card. The credit card gets points, which would be good for a gift card if I had about 700 more. I want to close the credit card account, but only after I get enough points, to not [...]

What are the negative long term consequences of "card hopping" to pay off my high interest credit cards?

By Author on Wednesday, March 9th, 2011 | 4 Comments

I have been cautioned against taking a "line of credit" to pay off high interest credit card balances. Instead, I have been encouraged to keep using the 0% interest credit card offers for as long as it is offered at zero %. These cards are a dime of dozen these days. As with anything in [...]

Credit Cards For Fair Credit

Posts Tagged ‘High Interest’