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What are problems associated with credit card use and the importance of budgeting?

February 28, 2010 Budgeting 4 Comments

I have a really big exam coming up and I need to know the problems associated with credit card use and the importance of budgeting?? Can anyone help me plz?

How can I get debt consolidation with hospital bills and non credit card debt?

February 28, 2010 Debt 2 Comments

I have a bunch of hospital bills that really cost me in credit scores. I really want to try to consolidate it but I can’t find anyone who does debt consolidation without credit card debt. Any suggestions?

How many bank accounts and credit cards should I have?

February 28, 2010 Credit Cards 9 Comments

I am currently a college student with 2 checking accounts (Wamu- 3 years & BOA- 1 year) and 1 credit card (Citi- 1 year). I have always met the requirements for my checking accounts and paid all my credit card bills on time. As for loans, I do have about $10,000 of student loans in debt. I was wondering if it is okay for me to get another credit card. Also, many say that having a lot of credit cards are bad for you. What is the reccomendation of how many bank accounts and credit cards should I have so that my credits would not go down? Thanks in advance!

How many credit cards should you have to rebuild credit?

February 27, 2010 Credit Cards 8 Comments

I am trying to rebuild my credit after ID theft, a couple of problems that were mine and years of basically not having any credit reported. (I primarily use my debit card and pay cash for everything). I make good money now and am trying to rebuild in order to purchase a condo in the next couple of years. My good accounts (rental, club, cable, cell, etc.) have not reported my good credit. So how many cards should I take out that will help boost my credit score but not hinder my credit. Thank you!

Is Online banking bad for the credit score? Im trying to start credit. Is it bad for credit score?

February 27, 2010 Banking 7 Comments

I heard that if you pay credit card bills with online banking that it wont help you build score. Im trying to pay off a credit debt and im paying with online banking instead of driving to the bank.

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