All Questions
Tagged with loans credit-card
47
questions
1
vote
3
answers
200
views
How to calculate the very last payment when repaying a debt?
Suppose I'm repaying a fixed amount every month on a debt such as a credit card debt.
Generally, the very last payment will be less than the others, because the total owed will be less than the fixed ...
- 151
3
votes
0
answers
337
views
How does “Velocity Banking” actually work?
I’ve seen this mentioned a few times now in various financial articles, but it smells like some kind of “system” a gambling addict would come up with to “beat the house”. Doing a web search on it, I ...
- 309
2
votes
1
answer
155
views
How fast will my credit score increase?
I have 12k in students loans (all of which isnt required to start making payments until Q4 2021) owed to non-government lenders, and have roughly a 1.5k credit balance currently, with 3 lines of ...
0
votes
4
answers
429
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Stuck in a debt of 3 credit cards
I have 3 credit card and I have utilized the funds of these cards 100%. Now I need to pay back the amount to bank. I am from Pakistan and the currency is PKR. Here is the stats:
Card 1 - 4.5K (cash ...
anon
0
votes
3
answers
176
views
The most efficient way to pay off loans/credit? [duplicate]
Supposed you have a fixed amount of money to commit every month to debt repayment... well above all minimum payment requirements. All other quirks and conditions being equal. The only differences ...
2
votes
3
answers
358
views
Using credit cards to pay personal loans
Personal loans issuers won't allow you to use a credit card to pay your loans. Is there a way around this? I have lots of credit card with good amount of remaining credits. And I have very high ...
- 21
2
votes
2
answers
310
views
Loaning money to your small business by billing yourself and paying with personal credit card?
Can you loan money to your own small business by billing yourself and making a payment to it with your personal credit card? How would the accounting work on that? The business isn't actually billing ...
- 121
5
votes
4
answers
207
views
Is there such a thing as a truly preapproved credit card or loan?
I receive quite a few "preapproved" credit card and personal loan offers in the mail. These invariably include an application form and a disclaimer that the card or loan might not be granted if ...
- 1,003
2
votes
2
answers
291
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Are prepaid credit cards a form of secured loan?
I was reading about different factors that determines credit score. One of them is having a "good credit mix" (IE having a healthy mix of secured (such as home loan, auto loan) and unsecured loans (...
- 121
2
votes
2
answers
254
views
What should I expect when applying for credit?
EDIT: It has been suggested that this question is a duplicate of Personal loan while unemployed?. In fact it is not a duplicate of that question, because I'm not asking about getting a personal loan ...
- 21
1
vote
2
answers
274
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Which debt(s) to minimize first to improve credit most quickly?
Current score is ~650. Looking to improve my credit as effectively as possible, as I'm looking into houses after getting married next summer. I'm coming off of a tougher employment patch so very much ...
- 113
2
votes
3
answers
305
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Can you build credit history without getting a credit cards or taking on debt?
As far as I know I have no credit history as I have never had a loan or credit card. I buy things using a debit card tied to my credit union bank account and prefer not to have a credit card at all. I ...
4
votes
4
answers
2k
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As a fresh graduate, should I get my first credit card? [duplicate]
Recently, I sat down with couple of my friends that are also a recent graduates. We talked about credit cards and it caught my attention. They told me that we should get our first credit card as ...
- 51
0
votes
1
answer
150
views
Do I have too much available credit?
For some background, I'm a recent graduate doing mostly freelance work while teaching English on the side in France. My freelance work grosses me about $25,000/year, and my job in France is about $8,...
- 1,074
5
votes
1
answer
2k
views
What happens if you don't pay the credit card or personal loan amount, and then leave the country?
My friend went to India without paying his credit card balances of around $150K. Now he is unable to pay due to losses in business. What kind of actions can happen from credit card companies and/or ...
- 51