All Questions
Tagged with loans credit-card
47
questions
3
votes
3
answers
5k
views
Can splitting a monthly payment into two lower interest payed?
For example if I have a monthly payment on a credit card or car loan and its 300 dollars per
Months at an interest rate of 2.5% will making 2 payments per month of 150 help me pay less interest? I've ...
- 119
2
votes
2
answers
1k
views
How can I get out of the debt-trap as quickly as possible?
I have a credit card with 30% interest and a real estate loan with 11% interest. The amount of debt on my card is lower than the real estate loan.
I want to redeem the installments of the real ...
- 179
23
votes
4
answers
5k
views
Would it be advantageous for me to pay off these two credit cards and cancel them with a 401k loan?
I'm considering taking a loan on my 401k in order to pay off and close 2 credit cards. I have approximately 30 years until I consider retiring. The amount of the loan will be $1700 which is less ...
user27010
4
votes
4
answers
13k
views
What are some examples of unsecured loans
I am writing an essay on unsecured loans and am now trying to find some examples, so that I may then talk about the pros and cons for each example. I have already mentioned credit cards and an ...
- 143
4
votes
4
answers
428
views
What to do with this cash- pay off ONE card, or pay down a few?
I've got a $5k payment coming through with about $12k in CC debt, over 4 cards. 1 card is at $3000 (total line is $4k), 14.8% interest rate, another at $3450(total line is 4.5k), 19.3% interest rate, ...
- 41
3
votes
2
answers
146
views
How can I judge loan availability?
I want to apply for home loan ( I am from India ). But I did not know If I am qualified for loan or not.
Previous history is that I already have a home loan for a property through my family. That ...
- 157
2
votes
0
answers
166
views
How soon (after your first credit card statement ever) do you get a credit file/history in Canada?
How many days after your first credit card statement EVER does one get a credit report on file with one of the two Canadian bureaus? I'm trying to develop Canadian credit on my first credit card and I ...
- 361
2
votes
3
answers
492
views
What mix of credit lines and loans is optimal for my credit score?
Mint.com just told me my credit score. It says in the advice section:
Try to have a good mix of credit lines open.
Creditors like to see that you have both loans and credit cards. If you're low ...
- 203
19
votes
6
answers
4k
views
What should I do with my credit card debt?
I have almost $20,000 in credit card debt and, though I have stopped accumulating it for quite a while now, I'm trying to figure out the best way forward. Can someone please offer advice based on this ...
- 255
4
votes
2
answers
326
views
When getting a business loan, does it look better to owe the IRS or the credit card companies?
I am looking to take out a $40,000 loan to buy out my mother's existing business, that is doing quite well. I explained to the loan officer, in a phone conversation, (I have not yet sent in my ...
- 41
1
vote
2
answers
1k
views
Can I use 0% Intro APR for getting a car loan?
When I'm applying for a chase credit card it has 0% Intro APR for 15 months. This is my first time for applying a credit card. And I just started a few months ago started working so I have a proof of ...
- 13
5
votes
4
answers
10k
views
How to pay bills for one month while waiting for new job?
I recently, and unexpectedly, lost my job. Because I had summers off (no paychecks either), I've been using my credit cards for most purchases, saving what cash I had saved from the previous year to ...
- 153
18
votes
8
answers
2k
views
Paying Off Debt: When CC Companies Won't Reduce APR
For the past two years I've been living, for the first time, under the weighty, grey cloud of credit card debt. Foolish use of personal credit cards to fund asset purchases for an LLC have resulted in ...
- 181
38
votes
8
answers
4k
views
Optimal way to use a credit card to build better credit?
I have a credit card with a $700 limit and I am curious how to optimize credit gain with it. Right now, I use it once a month (usually on something small like a drink from a convenience store or ...
- 719
0
votes
1
answer
1k
views
Credit Card: Charge from the bank
Let's say I have a debt of $50.
Let's say I don't pay for my credit card debts. Next month they will charge me interest upon the money I should have paid ($50 + interest).
Now let's say I pay more ...
- 121