Tell me why do people keep applying for credit facilities or credit cards?

Tips and Deals Forums Consumer Credit Credit Cards Tell me why do people keep applying for credit facilities or credit cards?

This topic contains 7 replies, has 2 voices, and was last updated by  Anonymous 6 years, 6 months ago.

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  • #209920

    Anonymous

    They owe huge amount in credit cards, yet continue to apply for more cards.
    In your opinion why they do that?
    Is it because cerdit cards come easy, over commitment or insufficient disposable cash so they need to find cash?

  • #275615

    Anonymous

    For some people because of lack of financial education – nobody told them how to use credit.

    For some people CC are great instrument of leverage.

  • #323629

    Anonymous

    You can if your mortgage company will agree to sign the check before repairs are made. The check requires your signature and theirs to be legally cashed.

  • #444773

    Anonymous

    You can if your mortgage company will agree to sign the check before repairs are made. The check requires your signature and theirs to be legally cashed.

  • #323630

    Anonymous

    No, you can’t. You’ll have to sign off on it, and turn it to the mortgage company. They’ll release funds and pay your contractor in steps, as the work is completed.

    This is so you get ALL the work done, and that means, you also have to pay your deductible.

    The way around this, is to ask your adjuster to write the check directly to the contractor.

  • #444774

    Anonymous

    No, you can’t. You’ll have to sign off on it, and turn it to the mortgage company. They’ll release funds and pay your contractor in steps, as the work is completed.

    This is so you get ALL the work done, and that means, you also have to pay your deductible.

    The way around this, is to ask your adjuster to write the check directly to the contractor.

  • #323631

    Anonymous

    No, you cannot deposit it into your account. The mortgage company has an interest in your house until you pay it off, so that is why they are listed on the check.

    If you bank is local, go down to the bank and ask if someone there can sign off on it. If it is not local, you have to mail it to the bank and wait for them to send it back to you. Then you can cash it.

  • #444775

    Anonymous

    No, you cannot deposit it into your account. The mortgage company has an interest in your house until you pay it off, so that is why they are listed on the check.

    If you bank is local, go down to the bank and ask if someone there can sign off on it. If it is not local, you have to mail it to the bank and wait for them to send it back to you. Then you can cash it.

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