ent asked:


I just added a sixth credit card because I wanted one that had a cash back rewards program. I only use three credit cards, one for personal, one for work and one for recurring bills like cable. Should I cancel one (or more) or keep all six accounts open? What’s best for my credit score?

AGUSTIN

Carol D asked:


I am considering filing bankruptcy, I only want to file on credit cards, 1 of my 3 cars, and medical bills. Can I do this without losing my house and a piece of property I want to keep. I have been really sick and I am in a hole I feel I cannot get out of, is there a better way besides bankruptcy.

LOREN

blondeqtpie13 asked:


Let’s say a customer owes $4,000 on his citibank credit card. What happens to that if Citibank goes under? Will another bank step in, buy the debts and make the customer pay them? I’m just curious because so many people owe on their credit cards. I know the debt won’t be forgotten, but who inherits the right to collect?

Thanks!

OLLIE

Michael P asked:


Everybody knows using a credit card at the ATM or bank will qualify the transaction as a cash advance and cash advances carry a rather high rate. However today I heard a bit on the news;how to make money off of the credit card companies rather than them making it off of you. It featured some investment guru who talked about using available balances on credit cards for investments that have a higher rate of return than the credit card carries. I have a 0% until July 2007 with plenty to invest if I decided to do this, but how would I avoid the cash advance rate if it would be regarded as cash? Are there any investments that would list the transaction as a purchase? Please help, I am confused.

JOSEF

happydawg asked:


I have several credit cards. Most of them have a zero balance. I do notice the credit card companies keep sending me blank checks wanting me to take advantage of low interest rates theyre offering.
Will the financial troubles have any effect on my credit cards? If so, what?

MICHEAL

Jeremy D asked:


My limits on my credit cards are low and I would like to up there limit but im about to buy a home. Im afraid after the mortgage shows up on my credit my credit card, They will not up my limit due to the new mortgage. So raise the limit now or after?

RICKIE

AWW asked:


We live in CA. My husband and I were thinking about filing together for bankruptcy. However, he just received a personal injury settlement that is enough to pay off my credit cards and save my credit. If he does file for bankruptcy it wouldn’t be for a few months from now at least. Can he use the settlement money for this purpose or will this hinder his bankruptcy proceedings?

JACK

Cookie On My Mind asked:


We’ve been paying our bills on time for the past few months and have raised our credit score a great deal. Can I call the cards that have a high interest rate and see if they can lower them? Or will they not do that? Thanks.

KURT

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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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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