jim.walker0 asked: I like to take advantage of the cash back of major cards and coupons that many department stores give. I have about 8 different cards. Total probably around $20k in credit limit. Is it bad to have that much credit? I have no problem at all controlling my spending and have no debt-everything…
Monthly Archives: April 2009
Can I apply for home equity loan while house is listed for sale?
User asked: In MD area, is it possible to apply for home equity loan while house is listed for sale? I am trying to purchase a land/lot, but need home equity loan for downpayment. I know loan guidelines have been pretty tight recently. If my house is sold, home equity would obviously be paid off…
Is Secured credit card better than other credit cards for bad credit people?
calon adam asked: I’m thinking about getting a credit card but I have bad credit and only know about secured credit card. What are the chances of getting it? Is it better than other or not?
What is the best way to go about eliminating bad credit? Using a credit repair agency or doing it yourself?
Randall M asked: I know that credit repair agency’s send out letters that let the credit agency’s know that there is negative items on your report that is wrong in one way or another, but I am wondering if it is better to do it myself or not. Thanks.
Does anyone know if Chase offers personal loans?
BSMNYC asked: I would to know if Chase offers secured personal loans. I currently have a CD account with chase and would like ot use that as collateral for the loan.
Is having 5-6 credit cards bad for your credit score?
theoneandonly asked: I heard that having too many credit cards was bad for your credit. If I have 4 Store Credit Cards and 1 Visa Card and am planning to get another FINAL major credit card…is that too much?
Where can you find a reputable debt reduction program?
Belle asked: I don’t want a debt consolidation or home equity.
What is a debt reduction service that you can recommend in Queens or Long Island, New York that is honest?
chickadeexoxo asked: I have credit card debt that needs to be reduced.