I just moved to Charlottesville, Va from California. Bought a car here quickly after getting here through Carmax which I am realizing now is way too nice, my car payments are too much ($247/month) and I worry too much about when parking, driving etc. (a 2010 Toyota Prius, 6 year loan that I owe 15k on). [more inside]
posted by ethel
on Apr 12, 2014 -
In January, I got my business successfully running, paid off and closed a bunch of personal credit cards, and began making a decent amount of money. Now I'm in a place to start opening credit cards and rebuilding my credit. Last time I looked (10 years ago), there were ways to open new credit card accounts, and as long as you were responsible about always paying off all of your balances at the end of every month, you could get bunches of free flights and bonuses and things. I recall people who played with new account bonuses as a relatively lucrative game. Is this still a thing? Is it worth the time?
posted by sirion
on Apr 2, 2014 -
I'm shopping around for a credit card for the first time in ages - I've decided airline miles are a sucker's game, and just want something more straightforward. I'd like to know if there's anything really forward-thinking going on in the credit card world, because it all looks like "fees versus rates versus weird points schemes".
If you have a credit card that you love (or hate) can you tell me why? FWIW, good credit, revolve occasionally (once a year or so?), and willing to pay a fee for something truly good. I've looked at previous questions but it feels like the landscape changes so quickly!
posted by ersatzkat
on Mar 28, 2014 -
I owe the IRS a not-insignificant chunk of change. Is there some way I could benefit from this? [more inside]
posted by null14
on Mar 27, 2014 -
Continuing my car questions (1
). We’re buying a gently used Forester. Two questions I need to resolve before picking up the car: should I finance any part of the purchase (can pay all cash), and should I pay to extend the bumper-to-bumper warranty to seven years? [more inside]
posted by Admiral Haddock
on Mar 26, 2014 -
I have an unpaid bill from three years ago for about $200 that no one's trying to collect anymore. Doesn't seem to have shown up on my credit rating / reports. Is there any upside to paying it now? Is there any potential downside? [more inside]
posted by anonymous
on Mar 21, 2014 -
I have a Visa credit card though an airline rewards program. I moved last year and have rarely been flying on that airline recently, since they don't have a lot of flights out of my current location. Since I'm not getting much out of the rewards, I'd like to change to another rewards program (not airline-related) that I'm sure to use more. I don't want to unnecessarily hurt my credit history by canceling the card and opening a new one. The new rewards card I'm interested in is also Visa, and offered through the same bank as my current card. Is there a way I can keep the same credit card account and simply switch reward programs?
posted by redlines
on Mar 20, 2014 -
I have near perfect credit. I only use my Discover card that I have rewards on and pay off the balance every month. I do have a credit card from a credit union that I never use.
I just received a letter in the mail that stated that the credit union credit card is about to expire and won't be reissued due to inactivity.
Will this affect my credit? If I don't care about the card, should I just let it "die"?
posted by kbbbo
on Mar 7, 2014 -
Does anyone know the skinny on CU Community, a credit union lender based in Springfield, MO?
posted by mmiddle
on Mar 6, 2014 -
How do I build someone's credit while they are overseas and not a US citizen? I am getting married to someone who is Japanese (in about 5 months) and lives in Japan right now. Because I know we will one day want to buy a house, I want to start building her credit as soon as possible because I know that it is easier to get a loan with two people signing instead of one. [more inside]
posted by locussst
on Mar 4, 2014 -
I'm considering signing up for one of Brightspot Mobile's pre-paid plans. I will need to buy an unlocked (or T-Mobile) phone and I'm interested in a Samsung Galaxy S4 or HTC One. Is there any possible way I can pay for it in installments? [more inside]
posted by The Winsome Parker Lewis
on Feb 23, 2014 -
So when I was in college I ran up a $700 credit card debt with Citibank visa. Then I didn't pay it. And for over a decade my credit was crap. But eventually I turned it around and have good credit again. So here's my question: I need to get a credit card for one of the biggest hotel chains as I stay there for business a bit. I'd like the benefits and points maximizing. Problem: the best card is run through citibank. Since my teenage folly I've changed my name but I still have the same SS#. Will applying today reactivate the debt with them?
posted by rileyray3000
on Feb 10, 2014 -
I shopped at Target twice during the period last year that their customer data was compromised
. I used my debit card once (which, ugh, I never shop with, but I must have needed cash back), and my credit card once. And apparently other information, like home and e-mail addresses, was also taken. How concerned should I really be, and how much effort should I put into changing card numbers and monitoring my own information? [more inside]
posted by LolaGeek
on Jan 21, 2014 -
I'm looking for a credit monitoring service that will let me retrieve my full credit report once every 2 weeks. I'm okay with a < $20 monthly fee. I just want to know which services aren't a scam. [more inside]
posted by BenevolentActor
on Jan 18, 2014 -
Aside from whether I should or why I should care what address I give a credit card company or bank, I am wondering whether the Patriot Act actually does allow consumers to give companies a business street address. It appears so but I'm no legal whiz so I'm looking for some answers out there. [more inside]
posted by trandolph
on Jan 9, 2014 -
I need to sign up for a new credit card and am looking for one that is as socially/environmentally responsible as possible (i.e. not tied to big banks, corporations and/or oil companies who would be profiting off me as a consumer and doing bad things with that profit). Does such a card exist? I've searched online but am wary of bias.
posted by athousandtelephones
on Dec 29, 2013 -
I have a fairly good FICO rating, but according to the report, these two factors are negatively impacting my rating. Can you explain these to me and--more importantly--offer some advice on how I can improve them?
1. Proportion of loan balances to loan amounts is too high.
2. Length of time revolving accounts have been established.
posted by jackypaper
on Nov 14, 2013 -
I am in financial difficulties because my wife and I are unable to work. The debts are mounting up, and I need some help. Can you recommend a credit counseling agency?
posted by anonymous
on Oct 29, 2013 -
A medical bill was sent to collections. I am 25 and have no credit and no money. What do I do? Is it even possible to fix my credit? [more inside]
posted by dekathelon
on Oct 21, 2013 -
I am (finally) shopping for a credit card and I want something with cash back and/or airline rewards. What do you recommend? [more inside]
posted by bluelight
on Oct 1, 2013 -
Once a debt has gone to collections, is there any reason to pay it off? [more inside]
posted by eas98
on Sep 19, 2013 -
I'm on SSI for disability, with a long-outstanding credit card debt that's gone to collections. They keep offering me settlements, but a settlement would produce a 1099-C, and Social Security would count the cancelled debt amount as unearned income, which they take dollar-for-dollar out of my SSI checks. That's no better than paying the debt in full (which has been impossible for years and will be for years to come). Do I have any options other than continuing to ignore them? [more inside]
posted by WasabiFlux
on Sep 18, 2013 -
I had a gym membership. Then I had a baby, and cancelled the gym membership in March. I was out of contract, paying month-to-month. Now they're trying to collect on post-cancellation "debts" for April through June. Help! [more inside]
posted by anonymous
on Sep 16, 2013 -
In aug and this first week of sept, I have managed to pay three of my four cards off completely. I kept the highest balance the one because of it's age and it's the lowest %. So, now I have a credit card and a mortgage. Was paying them off a good idea? I applied for a starwood Amex and got denied. I understand it was too early but when will I see a jump in my credit and will I? I paid about 10k at average of 22%. It is a huge huge deal for me!
posted by femmme
on Sep 12, 2013 -
Lately I've been thinking I should apply for a few more credit cards in order to take advantage of points, cash back, and other bonuses. Assuming I am not currently in debt, I already own a home and don't foresee needing any loans in the near future, and assuming I pay my bill every month, is there a downside to doing this? [more inside]
posted by bondcliff
on Aug 20, 2013 -
Is anybody going to rent to us in Chicago? We are recent graduates with mediocre credit, part-time jobs and no rental history. [more inside]
posted by stoneandstar
on Jul 24, 2013 -
I have been offered a job in the city I'm moving to -- only the recruiting company that the company offering me the position uses for hiring processes not only wants me to submit to the regular drug screen and background check -- but also to a credit check. According to my state's law, this may be illegal. I have hospital bills spanning from a surgery I had to get a few years ago after I lost my job/ insurance. Can I spin this in my favor at all or am I screwed? [more inside]
posted by camylanded
on Jul 15, 2013 -
A few days ago my mom got a bill for a department store credit card, Dress Barn issued by Comenity bank, she opened up 5 years ago. She took advantage of the "get 20% off when opening a credit card with us" offers at the time. When the actual card came, it just sat unactivated in her filing cabinet. The card didn't have a visable expiration date on it. [more inside]
posted by glenno86
on Jul 9, 2013 -
How can I arrange for the absolutely cheapest possible merchant fees when processing a credit card online? [more inside]
posted by jsturgill
on Jun 26, 2013 -
I'm getting married! And buying a house with my fiance! And I'm so, so confused about the best plan (longish question, totally special snowflake focus). [more inside]
posted by Lizlemondrop
on Jun 21, 2013 -
In order for any web site to charge one for services or goods, in this case services, what are they legally required to record and produce? I'm having a little trouble wording my exact question so maybe this will help.
The web site in question provides phone service for inmates in correctional facilities and in order for one to receive calls from a loved one in the correctional facility you have to set up an account and attach a phone number to it while loading money for the overpriced service... $5 for 15mins. The company charged me a fee of $5 every time I was to load money on the account which did not show the rate for a call per min and also charged me numerous unknown fees. I could not tell why or how much I was charged which was made worse by their not being a way to track credits and charges to the account. When I contacted customer support they also could not account for the charges and would not refund them, refused to refund my visa purchase, and claims to have no way of producing charges and credits to my account. Their customer service is no help and I'm not sure how to handle the situation.
posted by isopropyl
on Jun 9, 2013 -
Is it worth it? Your experience? Is it something you can you just do it yourself...?! Recommendations on which one to use?
posted by TigerMoth
on Jun 3, 2013 -
My bipolar father will go on crazy consumer debt fueled sprees of spending / gambling. What can we do on a severely limited budget to ensure he doesn't end up homeless or otherwise in major trouble? [more inside]
posted by anonymous
on May 28, 2013 -
Husband and I are seeking a rental home. We found a nice house and the landlord has invited us to apply. Last time we applied for rental the property manager had us do a credit/background check via an online service.
This new landlord gave us a paper form asking for SSN, DOB, our checking and savings account numbers, employment history, and other info. The landlord is an older person with a couple investment properties. I'm sure this is not a scam, but I am reluctant to hand all my ID and bank numbers to a stranger.
Advice? Anyone know a simple, reputable online background checking service that I can suggest to this landlord? We would pay the fee.
My goal is to make the landlord comfortable so we can lease the house. The Seattle rental market is very tight. This landlord has his pick of many worthy applicants. We have excellent credit, references, etc.
posted by valannc
on May 26, 2013 -
Corporate has just handed down a large change to our T&E policy that involves us submitting original unredacted copies of credit card bills and/or applying for a company credit card that we need to pay ourselves. This seems really out of line but I don't know how to respond. Slight snowfall to follow... [more inside]
posted by anonymous
on May 24, 2013 -
An old (free) checking account in another state started becoming inconvenient (no local locations and bad phone service), so I moved my direct deposit elsewhere. I left a little money in the account, thinking having an older account would help with credit. I recently found out, however, that several months ago, they closed down the free checking service and switched to a fee checking service. While this was happening, it eventually drained the money out of the checking account and went negative. They apparently also closed the account for overdrafting, How badly is this going to affect my credit? Can I take any steps to mitigate it? [more inside]
posted by anonymous
on May 14, 2013 -
Through a mixture of screwups and missed opportunities, I'm pretty sure my credit rating is either dismal or nonexistent. What's the best strategy to improve it? (Snowflake details inside.) [more inside]
posted by littlegreen
on Apr 28, 2013 -
I would assume that a company has a legal obligation to notify a consumer of outstanding charges on his or her account in a timely manner – namely, before sending that account to collections. Is this so? Can you direct me to the specific Federal or local (Massachusetts) statutes that establish this obligation? [more inside]
posted by donmateo
on Apr 24, 2013 -
We're looking to obtain the best credit card possible for a 5 person band with minimal expenses and income. We're an LLC incorporated in NYC. Band expenses typically include food, gas, merch supplies (shirts, blank CDs etc) and the occasional cash withdrawals, but the big anticipated purchase is a van (used -- no more than $5k). Suggestions for checking accounts also welcome...
posted by qzar
on Apr 18, 2013 -
I've just recently been alerted to the fact that there's such a thing as reward points on my Visa. I checked into my account for the first time and found out I have about 35,000. I have no idea how to use them. [more inside]
posted by madonna of the unloved
on Mar 28, 2013 -
Should I take out a personal loan to consolidate my credit card debt? Does anyone have any experience with personal loans through Discover? [more inside]
posted by royalsong
on Mar 26, 2013 -
I am in need of a credit card that allows me to set a hard limit on authorized users. In addition I need for the card to allow a different limit for the primary and secondary card. [more inside]
posted by flummox
on Mar 21, 2013 -
Is there a business credit card that can alert you in real-time (or close to it) when your employees' cards are used?
I currently use Chase Ink and it disappoints in this regard. I can setup real-time alerts, but they only work for the primary card, not all employee cards. I was a little incredulous of this at first, but my Chase rep confirmed it is so.
Any business cards that can do this? (ideally with cash back, esp. for gas; ideally visa).
posted by grammalvsu
on Mar 21, 2013 -
I am freaking out right now because I just got two letters from collections agencies. I should have paid the bills. I know that. I just … didn’t. And I know I’m terrible with money and want to change that, but when I think about money and the giant hole of student debt that I’m in I feel like, what’s the fucking point, and I become overwhelmed with hopelessness and I shut down. [more inside]
posted by anonymous
on Mar 18, 2013 -