$38K in credit card debt I currently owe $38K on my one and only credit card and idk if I should get a personal loan with SoFi or find a debt management company to help pay it off. My interest rate on my current card is like 26%, I am able to pay more than minimum payments on it each month, but I feel like it just keeps creeping up and up because it is my only credit ca…

Looking to improve the wife’s credit score Both 31, household income ~365k, my credit score is over 800 and my wife’s is 660 due to some issues from several years ago that are long since resolved. We want to get her credit score up, but she’s in the cycle where she can’t get approval to increase her current CC limit and her score is a tad too low for most CCs. We treat CCs like debit car…

Just got out of jail with terrible credit card debt for 10 months, idk what to do Hello, here is my debt: Discover: ~7000$ Chase: ~800$ Capital one: ~1100$ I was in jail for 9.5 months. I was not able to make any payments for that time. They’re all in collections. I didn’t have a good job before jail so I couldn’t make payments. I looked into consolidation loans but I have been rejected from them. My credit score is around 54…

Random Medical Bill on Credit Report My girlfriend was checking her credit today and saw that it dropped from 799 to 650. When she looked at what had changed she saw she had an $800 medical bill for a surgery she had 3 years ago. She had never received a bill about this and she is now kind of worried about her credit and how it dropped so much. We live in Texas and are wondering …

Is it worth getting a line of credit I have been thinking of getting a line of credit so I can pay off my credit cards and have a lower interest rate. Is this a sound tactic or is it stupid? submitted by /u/Jazzlike_Clue2608

Pay off 0% interest credit card now or over time? I have a Chase Freedom with 0% interest until May of 25. Currently owe $15,800 on it. I have a RH account with $52,000 in it. Should I withdraw enough to pay it off and go ahead and do it or just pay toward it each month and have it paid off before May? submitted by /u/Brundonius

Where can I learn about credit cards, investing, and how to save money? I (18) have been put in a weird situation with my parents. I don’t really get along with them and though we came to this conclusion amicably, they’ve decided that it’s time for me to start paying rent in the house, paying for my own phone bill, my own car, and that I will essentially be on my own for all things spending and education. I have a f…

Can I recoup my Employer Sponsored Insurance Premiums if I found that I was awarded the Premium Tax Credit Retroactively for Marketplace I was denied marketplace coverage for 2024 due to my employer offering a sponsored health plan. the lowest cost option from my employer was $600/which was ~20% of my gross income, and this was considered “unaffordable”. The marketplace tool forced me to enroll in my employer plan, despite it being unaffordable as it didn’t seem to have a functio…

In need of some credit help please Hello reddit, little bit about me 19M and have young credit. I’m in a bit of a pickle. Earlier this year I had gone to basic training and setup automatic payments through my checkings account, specifically that because at the time I did not have anything in my savings. While I was away, and into my initial training, Discover was trying to pull m…

first credit card please help I’m 20 and finally have a stable part time job and I dont have anyone to help me understand finances and I just want to make sure I don’t screw myself over trying to build credit. I’m pre approved for a Capital one platinum MasterCard because I already have a checking and savings account with them so I plan on getting it to start building credi…

Credit union wouldn’t let me withdraw money out of my account Like the title states, went to my credit union to withdraw $xxxx amount of money, but they would not let me get any money out because my mortgage was due on 12/1 and today is 12/2. We do not have auto-pay turned on and my wife and I forgot to transfer the mortgage payment yesterday. We are current with our mortgage and I do not understand why th…

Negotiating with Credit Card Companies Fiance accumulated around $23k in credit card debt and still owes $9k on her car. Then the car broke down and to fix it it is another $6k. So the total is $38k. My parents are helping by putting some of the debt on their home equity line that’s around 7% interest. My mom is an accountant and recommended that we call the credit card companies and…

Moving to US – how to build credit quickly? My partner grew up in the US and had good credit, getting rentals, credit cards, always paying on time, etc, but has lived o/s with me for the last 8 years, where he could no longer maintain a US bank account or have a US credit card as he was no longer a US resident. We are now in the process of moving to the US – I know our excellent credit in…

First credit card as a graduate So I recently graduated college and plan on getting my own credit card. (I know I am very late). My parents aren’t the best in financial advice so I wanted to ask reddit. I make a little over $2k monthly but I will either be in grad school (with a stipend) by the end of next year, or at a higher paying job. Now that I can’t qualify for a student…

Is it better to have no credit score at all or build credit to apply for mortgage? 30M I moved to the US from Europe earlier this year. Renting with stable monthly income (self employed). I have no debt. I want to apply for a mortgage in the upcoming 12-24 months. I have no credit score at all. Will a lender in the US want me to have one or prefer me having no debt history? And will I be able to establish a credit score of +75…

Soft searched on credit report – identity theft I have a number of credit card soft searches not done by me for various companies on my Experian report and one hard search (back in September but only seen them now) For the hard search ive contacted the bank and they’ve said yes an account was opened in my name etc and have said they’ll close it and along with signing me up with CFIAS protecti…

Credit utilization question I have two credit cards 1: 4800 limit 1: 2000 limit both of them are 4500/4800 1500/2000 in ultilization, so like 90% my credit score is 650 right now. my bill for each card is on the 1st. If i paid both of them off on the 1st would my “credit file” update the ultilization in december, and give my credit score a boost? or would they wait till ne…

wanting to build credit hi all, im 17 years old and got my first job a month ago. i only have a debit card & very lost when it comes finances, budgeting and all of that. i’m planning on buying a new phone this week as mine is currently giving out, however, i want to do it through payments. is it possible for me to build credit this early on & can i do it through a deb…

Tesla Won’t Be Part Of California’s EV Tax Credit Good morning! It’s Tuesday, November 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…

Relative quit paying credit cards Relative just stopped paying credit cards because “f*** ’em” As the title says, my relative owes a minumum of 20k in credit card debt that I’m aware of. They inherited a home and a car roughly 15ish years ago. I believe they have a loan on the house for roughly 10-20k. This person’s also refused to get any kind of major employment outside of som…