Archive for April 2008

speeqtruth asked: I have two credit cards both have membership services. Both report to all three credit agencies. And both offer the service of credit watch, with score watch. Why do the scores not match, I understand the the three reporting credit agencies will be different, but shouldn’t the info reported be consistant from one [...]

Jenn asked: My boyfriend moved into an apartment on his own and qualified both financially and credit-wise. I recently moved in, and am going to add myself on the lease. The question is, if my credit is less than perfect (but no evictions or bankruptcy), how does this work? Can they deny me and inform [...]

kristopher asked: I contributed $90,000 to start a business by using personal lines of credit. My partner contributed $10500 of cash. He is telling me that since the lines of credit have interest applied to them that they are actually company liabilities and are not to be considered capital? How does this work?

tusharcosmic asked: I am a trader of textiles,maintaining a good balance in my savings account and have a good credit history of more than one year. I am going to apply for a lot of credit cards as well as personal loans. What general precautions should be taken so that I may be [...]

Mrs. Omarion asked: I am interested in renting/living in an apartment in Los Angeles, CA. This apartment is so beautiful and spacious. The rent is expensive because it cost about $1500/month to live there. I know that L.A. is expensive, but I always wanted to live there when I was a kid, since I am [...]

bill asked: I am only sixteen, but my dad says that if I want to buy a car– and eventually an apartment or a house I need to establish a line of credit. How do I do this? Whats a good way to get started?

LJ asked: I am wanting to purchase a house, but I don’t want to look into financing until I find something I like. I am afraid my credit score will be reduced if I start asking banks to review my credit.

CCC asked: I have several negative items on my credit report that will expire after the 7-year limit next year (2002 was a wild one!). I have paid some and others are still on there as collection or charge-off. I have nothing negative since 2002 but I have a lot of student loans [...]

ronnin72 asked: I am going to ask another question regarding which CC should I add to my credit card profile to add to my rewards. I have excellent credit, pay my balance in full each month, and I use my CC to pay for everything I can to rack up points/miles etc.
I am at [...]

mebeksis asked: Assume that any and all black marks on credit history have been taken care of already and I just want to start rebuilding my credit. I’ve tried getting credit cards to use on my normal monthly bills but no go.