Can I get to a 700 credit score with just credit cards? Hello all! So I will be done paying my chapter 13 in October, currently have $21k credit line total with my cards. I only owe $7200 on these cards. I am currently frantically working at getting the balances to 0 so I can have a better DTI and qualify for an FHA loan in California (still may move out of state because duh!) But, one of my goals i…

What to do if debit card is skimmed and credit union declines the dispute? So my debit card was skimmed last month as suggested by my bank! Someone, took close to $800 in 4 transactions, 2 atm withdrawal and 2 Point of sale. I was alerted by my credit union’s fraud alert when they tried to make a purchase at a grocery store. I immediately put a hold on my card and alerted the fraud division for my credit union in less …

I think the person’s finances I handle is the victim of a parent opening credit cards under his name What is the first thing you do when you find out a parent has been using your name to open credit cards in your name for 38 years? I’m managing someone else’s finances after an accident that left him disabled, and had to apply for bankruptcy. After finding duplicate accounts that owe a ton of money, I’m suspecting the father of the same name ope…

‘Vindicating’: An Analyst Who Lowered the U.S.’s Credit Rating in 2011 on Fitch’s Downgrade Nikola Swann played a key role at S&P when the agency became the first to strip America of its top ranking in 2011.

Credit card debt, quitting my job, need some help forming a plan to get ontop of this Some stats to start things off: Age: 25 Income: 114,000/yr (12% annual bonus on top, not included here) 401(k): $20,000 (contributing 9%, company matches 167% of the first 6%. I’m maxing it out). Monthly take home pay: $6,200 State: Virginia Expenses: Rent: $1,900/month Utilities: $400/month (my electric bill is insane) Internet: $80/…

Have an insurance claim and an opportunity to get out of credit card debt I’m new here and haven’t asked for much help before, but I’m curious what Reddit thinks is the best choice. Without going into many details I have a small amount of credit card debt, roughly around $5,000. I’m pretty confident I’ll get it paid off soon enough, probably within a few months hopefully, but I just recently had an auto insurance clai…

Cash on hand vs zero credit debt.. Edit: I paid both cards in full. Sitting with $5,900 in checking now with $21,000 in open credit between those two cards. Thanks for giving me the small push I needed. I have $9,500 in checking, practically nothing in savings (except a 401k) and about $3,500 in credit card debt across two cards ($700 on one and the rest on another both 20-30% in…

Should I close the 6 year old credit card to save $8/month? Hey folks, quick question. Just got approved for a new Capital One card($95 annual fee if that matters) with a $5,000 limit for emergencies and to replace a Credit One card that I have had since Dec 2017 that also charges me $8/month pretty much just for having it. I barely use it and almost forget to pay the $8 a month sometimes. I was going to…

Can I still pay off my credit card even if I didn’t receive my statement yet? I just opened my first credit card last month and now I’m waiting for the statement. On my account it says that new card holders may not receive a statement because they didn’t finish the billing cycle. I have used my card once and my due date is coming up on the 15th. If I don’t receive my statement soon, I’m just wondering if I can/should pay…

White House Hits Back on Fitch Credit Downgrade, Protecting Biden The president’s team has mobilized to counter the downgrade of Treasury debt by the Fitch Ratings agency, rushing to defend the story of an improving economic outlook.

Markets Still Weigh the Meaning of a U.S. Credit Rating Cut Stocks were down and Treasury yields were up after Fitch Ratings’ downgrade. But the biggest effects of the move may play out over time.

My credit score is dropping even though I pay my entire balance every month. I basically only have one credit card and that is the Amazon Chase one. I pay for my mortgage out of my checking account, but for everything else, I use the Chase card, utilities, bills, groceries, etc. On average, I rack up between $4-6K each month and I have my balance set to be automatically paid in full. I recently looked at my credit score…

How to rebuild my credit after ruining it when I was a teenager? I’m trying to rebuild my credit but I don’t know where to even begin. I have two accounts in collections that total $1,656 with a 114% debt utilization, this debt is from when I was about 18-19 in high school about 9 years ago. I was an idiot, I didn’t know anything about credit then and I had cards with $3k & $2000 limits on them thinking I was…

AMD forecast, U.S. credit downgrade drags down chip stocks Chip stocks dipped Wednesday, after AMD reported a gloomy forecast that may have spooked investors across the sector.

How to Juggle Multiple Credit Cards (Without Going Into Debt) For anyone risk-averse like me, the biggest challenge that came with your first credit card wasn’t about using your new plastic too much. Quite the opposite: You had to overcome the fear of actually using a credit card at all. If you have credit card anxiety as a result of an “all debt is bad” mentality, the idea of… Read more…

Help with credit card debt, budgeting A friend of mine is 25. She owes around 2000$ on 3 different credit cards for a total of 6000$. Her credit is already ruined and at 440. She also had her car repossessed and owes a little more money on that, not sure what it sold for at auction but it was about a $40000 car, not sure why they thought on instacart she could make a 900$ monthly pa…

What Fitch’s Downgrade of the US Credit Rating Means A downgrade of the nation’s credit rating admonished Washington for persistent political fighting over federal spending. But the move drew sharp criticism.

Help with debt collector and credit score Reddit Hi everyone. I’ll try to make this short as possible. I understand the rules so the TLDR version of my question is mostly if I should just pay the debt collector through their website, or is there something else I could do to get this off my credit score? I’m a VERY anxious person and so this whole situation has stressed me out beyond wor…

U.S. Credit Rating Is Downgraded by Fitch The ratings agency, which lowered the U.S. long-term rating from its top mark, said that debt-limit standoffs have eroded confidence in the nation’s fiscal management.

How to Successfully Dispute a Credit Card Charge When you spot an unfamiliar charge on your credit card statement, you want to act fast. There’s no need to panic—federal law caps your liability at $50 for unauthorized charges to you credit cards (and you may not even have to pay that)—but to get your money back, you’ll need prove the charge was unauthorized through… Read more…