Junior I asked:


Are there any educational loans for familys with bad credit?
Just wanna know if i can find a loan compny how doesnt need a super credit applicant to get a loan for school.

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NELA asked:


I accepted a greater amount of a loan that I actually needed for school to pay off my credit card balance which was near the limit. Was that a smart thing to do? or not?
It was the Stafford loan if that makes a difference.

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maeannehortel asked:


I owe total of 25k from salliemae, and I’m about to start repaying my student loan in November. I got money from them on four different occasions - 1 loan/semester. If I consolidate all my loans, how much will it affect my credit score?

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Ashley asked:


My Grandmother cosigned on two student loans for me….will that have an effect on her credit if they aren’t in repayment? She is blaming me but my loans aren’t even in repayment for another two years.
I just want to know that if they are not in repayment yet (no reason to be defaulted ) will it effect her credit score?

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everyday262003 asked:


I have $40,000 in credit card debt. I can put my student loans in forbearance for 3 years. Should I do this to pay off my credit card debt?

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cindasl asked:


I have a few personal credit cards and I want to consolidate them. I am also self-employed, but I dont’ have a business credit card; although I get LOTS of ads for them in the mail. I’ve always wondered, what is the difference? Are there different rules or fees? Can you only use them for business purchases? Do you have to spend a certain amount to keep them?

Any advice appreciated…

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Ms. Kitty asked:


I was going to consolidate two credit card onto a new lower interest card and cancel the old cards. However, I was informed that closing the old cards would not look favorably on my credit report. I thought this was strange as good credit reflects on your credit report for 10 years and keepin the old card open whould make your debt ratio higher. Can someone explain this to me?

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hydra1970 asked:


What impact does closing credit cards have on your credit score?
I have a number of credits that I am not using. What impact if any would closing some of these accounts have on my credit score?

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jsssika asked:


When our company began we opened up credit cards for employee’s under our CEO’s credit line because the company did not have sufficient credit. Two years later, we are stumped as to how to obtain credit cards for the company using only the company’s credit. American Express tells us that no matter what we have to have a guarantee from an individual person backing our credit. Does anyone out there know how a company can get credit without that personal guarantee? Surely, Microsoft doesn’t use Bill Gates credit to obtain cards for it’s employees. Thanks for any and all help in advance!

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Pauly asked:


I had a bankruptcy about 4-5 years ago now. I did nothing for several years and 6 months ago I bought a newer model car with a cosigner. A few months ago I got a small line of credit (credit card) and I just bought a couple items from a fingerhut account. Is this enough to build some good credit? I also just bought a business and I’m hoping to buy a house in 2-3 years as well as another car in my name only. Am I on the right track or is there more I need to do? How long will it take to get enough of a good credit score to buy a house, car, etc on my own?

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