Q: If I get put on a couple of my parents credit cards as an authorized user will their positive credit history reflect on my credit report?
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Q: I entered the U.S. under refugee resettlement program a year ago. So I do not have any credit history. With in this time I have applied for two secured credit cards. One with $500 credit limit(opened since Jan 09)and the other with $1000 credit limit (opened 2 months before). Both these cards are from different banks. I use more than 80% of my credit limit each month and pay the balance in full. How long you think it takes to built an excellent credit history/score with the way I am currently using my cards?
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Q: I have no credit, how can I get a credit card? I have a checking and a savings account and I have a debit card but when i apply for credit cards I keep getting denied. So how can I get a credit card?
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Q: My credit card rate went from 13.99% to 29.99%. I was told that, "it was due to the economy". Do I have any recourse? (yes I did get a complex notification that said my rate was going up. I was given the option to close the account or pay the new rate.)
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Q: I am quite new to this credit world. Very recently I applied for a secured credit card and now I have one. My question is: how can I build a better credit history? Make large purchases or small ones or keep the card inactive? Whatever the way I use my card I am prepared to make my balance paid in full each month. Please suggest me the best way to use this?
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Q: As of 01/09 my credit report reflects a discharged chapter 7. - $0
balances and scores of 634, 624, 612. I would like to start rebuilding
my credit again.
My question, which credit card company's will provide me with an
unsecured line of credit? or My true concern is there a way to avoid
paying high cost associated with secured lines? What can you advise me?
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Q: I have a Marathon "Premier" card (the upgraded version of a regular
no-fee gasoline card) that I don't use too often. It costs $35 annually,
and it is my oldest account (1996). It costs $35 annually because it
has some travel benefits that can save you money.
Since this is my oldest account should I
keep it active, even though I don't really buy a lot of Marathon gasoline, or
close it and save the annual fee?
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Q: Am I responsible for my parents credit card balances if they pass
away? I am not a co-signer, nor their estate manager/trustee.
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Q: Why would American Express put a hold on our two cards and require us to fill out a 4506-T form and send it to them... we have paid off the one card every month and the other card we have $3118 on a $5000 limit? They are not telling us why.
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Q: I was an authorized user under my fathers credit card. He Passed away with balance on his card. He had insurance protection but did not have his estate setup. Now the credit card company has reported the balance on my credit report. This has severely lowered my credit score. What do I need to do?
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