Personal loan or credit cards first? Have two cards one $5k and the other $4k on them right now at 29%. I have a personal loan that I pay $355 (23%) on every month. There is $2900 left on the loan and have enough to pay it off (one year left for pay off). Interest on pay on both cards a month is around $300. Should I pay the loan off to free up an extra $355 a month or tackle the c…

Federal Student Loans Credit Reporting – Something New? “Federal student loan payments now report to the credit bureaus when 90 says late. Make sure to keep your account current.” Just saw the above alert this evening when logging into the Experian credit app – thankfully, not something that’s going to affect me since I’ve never had a late payment, but now I’m curious – is this something new entirely…

Trying to close a line of credit for a parent with dementia. I only have the last four digits of the account. My mom has dementia and I have taken over her finances. I have a financial POA in place. I’ve run across an old line of credit, a “Dell Preferred Account” now at Comentity Bank. I found an old document regarding this and it only references the last four digits of the account. A few days ago I received a document in the mail with this account’s u…

Using a HELOC to get out of Credit Card Debt My dad has racked some credit card debt after a tough real estate year, with about $60k in debt across several cards and lines of credit, all with their own variable interest rates. He estimates paying about $1.3k a month on interest and his expenses rack up to $4k a month on a social media manager and a leads broker (among other things). Unfort…

Found out (more like saw the total) I’m 20k in credit card debt. So title says it all. I was looking at credit karma and saw my total credit card debt at 20k. I feel like I’ve barely bought anything and have been making higher than my monthly payments which is taking so much if my monthly income (about $2200 after tax). I also have 30k in student loans. I’m trying to find a debt consolidation company but I a…

How to start building credit history Hello I (21 F) am really struggling to apply for an auto loan being that I crashed my car in decemberand Im just trying to get back on my feet. The reason I keep getting denied is because of my lack of credit history. I have one card that I opened in nov 2024 and a 700-712 credit score. Now I have given up on the auto loan its defintley better f…

Should I help my mom get out of credit card debt? I’m considering helping my mom get out of credit card debt. She owes $10k on one card that charges 27% interest, and $20k on another that charges 11.4% interest. From my understanding, she incurred most of this debt about 8 years ago due to a string of family issues out of her control (including putting medical bills on one of the cards). Now, …

Never had credit before, but bad credit score? (I just turned 18) Hi there, I just turned 18 about a month ago and I was just looking around for credit cards and stuff to try and build a good credit score early so I’m set for the future. I’ve never had any sort of credit. But my credit score is poor. Why is this? And how can I build a credit score if I can’t get accepted for credit in the first place! sub…

Using Social Media to Build Credit Today I had this idea that Social Media advertising should be able to help build credit. Hear me out. If a person sees ads on Facebook or Instagram or X all day and saves money to buy that thing that was advertised, and then goes on social media again and comments about it, then why not help make it make a better credit score for that person? I …

Pay Federal Taxes (TurboTax) using credit card for rewards? Hi, I owe the federal government a significant amount this year (~$10k). I can pay this with a credit card. To me, this seems like a great thing to pay using a rewards program credit card. Now, the payment processor does charge a fee for credit card payments, so maybe that outweighs any potential benefits. Has anyone done this / does anyone hav…

Sister financed a car May 2024 with the dealership at a 9% interest rate. Since then, we’ve heard about credit unions with lower rates and I had a few questions about that Can she apply for a car loan now at a credit union to pay off the remainder of the car And then just pay back the credit union with the lower interest rate instead? If so, how exactly would it work? submitted by /u/BigBadBoss25

YNAB and Credit Cards I’ve been using Rocket Money, so I’m not convinced I’ll switch anyway, but I downloaded YNAB to see how I liked that one. Does anyone who uses this app also use credit cards to pay for everything? If so, how do you attribute that correctly? It’s basically assuming that I’m paying for my credit card plus the expenses on the credit card, so that I…

Medical Debt on Credit Report Hey all, Looking for some advice regarding the CFPB’s new rule on medical debt and credit reporting. Had a hospital bill that I fell behind on and it got sent to collections about a year ago. There are some really great resources around here for negotiating settlements with debt collectors, and I intend to take their advice, but I’m wondering wh…

1099 C received vs credit reports as Jan 2025 2017 my marriage was ending. Three credit cards were marital debt so he ran them up. June 2018, i entered into a debt relief plan, paying $xxx.xx amount monthly to debt company. 2020 ex pursued a divorce and he qualified for alimony, equity in family house (if u kept it) and 50% of my retirement fund. Now it’s 2025. I surpassed SOL and in May fa…

Paying of Credit Card Debt Hi, Over the past few years I’ve had some health issues and unemployment as well as Grad School… all in all I have debt and want to figure out how to pay it off in the least damaging way possible. I have 5 credit cards with around 32K debt total (I also have student loans which I currently do not earn enough to have to pay off — so those are …

Won Credit Card Dispute! Hello! I have a question regarding a credit card dispute. Long story short I ordered 3 white appliances from a company in February 2024. They all arrived in October 2024 (fridge, range, and dishwasher). However they were each a different shade of white. The company said their online photos were photoshopped blah blah. I was told I could pay a 3…

Adding sister to credit card to build her credit I’m not sure how adding my sister to my credit card works. Does it help her credit score? Does it hurt mine if hers is low? Mine is 650 and rising but my younger sister’s credit is too young for her to get her own credit card. She has the credit builder accounts but I would like to help her get it up quicker as she is always worrying about it. W…

International Credit Card Debt Hey Guys, I lost my job recently and have an enormous credit card debt, I am thinking of leaving the UK permanently can I be chased internationally? Debt is about £20K what can be risks and if there is any way I can deal with this any other way? Do you know if I can file for bankruptcy? I appreciate any help you can provide. submitted by …

Medical Debt – appearing on credit report after 6.5 years. What do I do? I have some old medical debt (1.3k) that I just never paid and it never appeared on my credit report so I didn’t think much of it. Got a few letters through the years but it never hurt my score. I checked my report today and my score had dropped about 100 pts. It says that the medical account was closed on 1/18/25 and that’s what’s hurting my s…

Pay credit on salary Is it bad to pay your credit card in full twice a month the day you get payed? submitted by /u/davidblack210