Posts Tagged ‘revolving debt’


question for people who KNOW about credit…?

okay, so i’m 21. i’ve been very irresponsible with money. i have no idea how to manage it. i used to have a trust fund, but it’s been completely cut off. because of this, i’ve accumulated some debt. half of it is my car loan, but the other half is revolving debt. gone are the [...]

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How will an increase in salary affect my credit score?

I understand that credit score isn’t necessarily based on income but here’s my situation. I have about 16,000 in revolving debt with a 600 credit score. My yearly income has recently increased 10 fold which obviously improves my debt to income ratio. How long after this increase should I see improvements in my credit score [...]

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Which credit card company is the fairest?

I’m in college and trying to build my credit. I was told to have at least three open credit card accounts that I use and pay off each month. I got a Wells Fargo credit card last year, they gave me an 800 dollar limit, and I started using it for bills and was never [...]

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ONLY 25 YEARS OLD AND ABOUT $37,000 IN REVOLVING DEBT. IS FILING BANKRUPTCY AN OPTION?

I am only 25 years old and have a little over ,000 in revolving debt. About ,000 is unsecured credit card debt and ,000 is on a leased car. I am getting over my head in bills and falling behind by about 3 months on most of my credit card bills. I have creditors calling [...]

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