if i get a credit card from somewhere like best buy or belk or a gas station.

Tips and Deals Forums Consumer Credit Credit Cards if i get a credit card from somewhere like best buy or belk or a gas station.

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    • #210164
      Anonymous
      Inactive

      can i use it anywhere? i was wondering if i get a credit card from somwhere like best buy or belk or a gas station. can i use it anywhere or only at their store.

    • #324616
      Anonymous
      Inactive

      The best way to “repair” your credit score is to pay your bills. If those medical bills are not paid, then pay them.

    • #445760
      Anonymous
      Inactive

      The best way to “repair” your credit score is to pay your bills. If those medical bills are not paid, then pay them.

    • #324617
      Anonymous
      Inactive

      There are alot of mortgage lenders who specialize in lending to people with less than perfect credit. You will probably have a higher interest rate because of that, but if you pay your payments on time, you will probably be able to refinance at a lower rate. Talking to a real estate agent will help, they should be able to give you several different lenders. Actually if you do a yahoo search on mortgage for bad credit, you’ll find some then.

      Some mortgage lenders may require you to have all your outstanding debts paid…

      Good luck!

    • #445761
      Anonymous
      Inactive

      There are alot of mortgage lenders who specialize in lending to people with less than perfect credit. You will probably have a higher interest rate because of that, but if you pay your payments on time, you will probably be able to refinance at a lower rate. Talking to a real estate agent will help, they should be able to give you several different lenders. Actually if you do a yahoo search on mortgage for bad credit, you’ll find some then.

      Some mortgage lenders may require you to have all your outstanding debts paid…

      Good luck!

    • #324618
      Anonymous
      Inactive

      Repairing your credit score is not as impossible as it sounds. First of all, settle any and all debts-if you are desperately behind, call the companies and quite simply ask if there is some way you can discuss settling the account, because you want to pay it off, but cannot keep up with the payments.

      Secondly, once you start this journey, do NOT be late with payments. Creditors do not generally report late payments to your credit report unless they are 60+ days late, but you don’t want to rack up late fees and look irresponsible.

      DO NOT, I repeat, DO NOT close your oldest accounts once you have them settled. Older credit looks better than newer credit, as long as it is in good standing. Closing old accounts makes it look like you are brand new to credit cards, and that is not desirable to creditors. Pay it off or down, and ask for a lower interest rate. Don’t ask them to lower the limit-you want to have a decent amount of unused, available credit. For example, if you have a card with a ten thousand dollar limit, and you pay it down to 1,000 dollars, creditors see that you have 9,000 dollars of available credit on that card. Looks good. But if you pay it down to a thousand, and ask to have the limit cut to 5,000, you then only show 4,000 dollars in available unused credit. Not as desirable.

      Sorry for the wordiness, but I have been here, and I have experience in this. Good luck to you!

    • #445762
      Anonymous
      Inactive

      Repairing your credit score is not as impossible as it sounds. First of all, settle any and all debts-if you are desperately behind, call the companies and quite simply ask if there is some way you can discuss settling the account, because you want to pay it off, but cannot keep up with the payments.

      Secondly, once you start this journey, do NOT be late with payments. Creditors do not generally report late payments to your credit report unless they are 60+ days late, but you don’t want to rack up late fees and look irresponsible.

      DO NOT, I repeat, DO NOT close your oldest accounts once you have them settled. Older credit looks better than newer credit, as long as it is in good standing. Closing old accounts makes it look like you are brand new to credit cards, and that is not desirable to creditors. Pay it off or down, and ask for a lower interest rate. Don’t ask them to lower the limit-you want to have a decent amount of unused, available credit. For example, if you have a card with a ten thousand dollar limit, and you pay it down to 1,000 dollars, creditors see that you have 9,000 dollars of available credit on that card. Looks good. But if you pay it down to a thousand, and ask to have the limit cut to 5,000, you then only show 4,000 dollars in available unused credit. Not as desirable.

      Sorry for the wordiness, but I have been here, and I have experience in this. Good luck to you!

    • #324619
      Anonymous
      Inactive

      Anything that is in collections that isn’t a medical bill would need to be paid off. After doing that you should be able to qualify for any number of loans. You didn’t mention the price range or amount you were looking to put down but, a down payment of 3 -10% will get you into your first home under FHA guidelines. One thing I must tell you…… Keep your outstanding debt (credit cards, store cards, auto loans) to a minimum. Most mortgage banks will have a program that will be able to meet your needs.

      If you have any other questions please write me @ [email protected]

    • #445763
      Anonymous
      Inactive

      Anything that is in collections that isn’t a medical bill would need to be paid off. After doing that you should be able to qualify for any number of loans. You didn’t mention the price range or amount you were looking to put down but, a down payment of 3 -10% will get you into your first home under FHA guidelines. One thing I must tell you…… Keep your outstanding debt (credit cards, store cards, auto loans) to a minimum. Most mortgage banks will have a program that will be able to meet your needs.

      If you have any other questions please write me @ [email protected]

    • #324620
      Anonymous
      Inactive

      Get copies of all three of your credit reports, and shell out the extra to include your credit score. Go over each report and make sure your records match the data on your credit report. The accounts that are paid off are paid off, the accounts that are closed are closed, etc. Then go about paying off any outstanding debt you may have. This will go along way in not only repairing your credit, but will also increase your credit score, which is the number most lending companies base your loan on. As for a down payment on a house… no matter how bad your credit, EVERYONE wants a down payment. It makes you more creditable with lenders, and in turn, it also makes an impact on your monthly mortgage payment. The more you can afford to put down, the better off you are.

      Best of luck!

    • #445764
      Anonymous
      Inactive

      Get copies of all three of your credit reports, and shell out the extra to include your credit score. Go over each report and make sure your records match the data on your credit report. The accounts that are paid off are paid off, the accounts that are closed are closed, etc. Then go about paying off any outstanding debt you may have. This will go along way in not only repairing your credit, but will also increase your credit score, which is the number most lending companies base your loan on. As for a down payment on a house… no matter how bad your credit, EVERYONE wants a down payment. It makes you more creditable with lenders, and in turn, it also makes an impact on your monthly mortgage payment. The more you can afford to put down, the better off you are.

      Best of luck!

    • #324621
      Anonymous
      Inactive

      Find a mortgae broker in your area (an Agent can help) and they will help you repair your credit quickly. They know what their lenders look at.

    • #445765
      Anonymous
      Inactive

      Find a mortgae broker in your area (an Agent can help) and they will help you repair your credit quickly. They know what their lenders look at.

    • #324622
      Anonymous
      Inactive

      you can call me, i specialize in credit repair, and mortgages, i am a loan officer, and a qualifacation specialist, i fix peoples credit regularly. after its fixed, i will get you the best program possable to buy a house. and i recomend 100% financing, so that you can keep you assets liquid, so that you can have money to pay for housing , and bills and stuff. im very good at what i do, and i like to help people, i know how important this is to you and i want you as a client. if you want real help, and good advice, call me, you cant go wrong. lets get started. 203-729-8900 or 203-410-4427, ask for david powell

    • #445766
      Anonymous
      Inactive

      you can call me, i specialize in credit repair, and mortgages, i am a loan officer, and a qualifacation specialist, i fix peoples credit regularly. after its fixed, i will get you the best program possable to buy a house. and i recomend 100% financing, so that you can keep you assets liquid, so that you can have money to pay for housing , and bills and stuff. im very good at what i do, and i like to help people, i know how important this is to you and i want you as a client. if you want real help, and good advice, call me, you cant go wrong. lets get started. 203-729-8900 or 203-410-4427, ask for david powell

    • #324623
      Anonymous
      Inactive

      I am also a Mortgage Planner that could help you get into a loan that you can afford. There are plenty of banks out there that will finance people with less than perfect credit… in fact, some banks ONLY finance people with bad credit.

      To get started, fill out my form here:

    • #445767
      Anonymous
      Inactive

      I am also a Mortgage Planner that could help you get into a loan that you can afford. There are plenty of banks out there that will finance people with less than perfect credit… in fact, some banks ONLY finance people with bad credit.

      To get started, fill out my form here:

    • #324624
      Anonymous
      Inactive

      you should be able to get a mortgage even if there are some things on your credit report.if your credit score is not totally terrible you should be fine.a lender might ask you why you were late on a bill or even have you write reasons for the items that show up on your credit report.also go on line and search first time home buyers.i think you will do just fine.been there!

    • #445768
      Anonymous
      Inactive

      you should be able to get a mortgage even if there are some things on your credit report.if your credit score is not totally terrible you should be fine.a lender might ask you why you were late on a bill or even have you write reasons for the items that show up on your credit report.also go on line and search first time home buyers.i think you will do just fine.been there!

    • #324625
      Anonymous
      Inactive

      the best advise i can give you is to go to good mortgage broker and check your credit. they have also credit analyzer program and will tell you how to fix your credit and how long it will get for you to be ready to apply for your mortgage.

    • #445769
      Anonymous
      Inactive

      the best advise i can give you is to go to good mortgage broker and check your credit. they have also credit analyzer program and will tell you how to fix your credit and how long it will get for you to be ready to apply for your mortgage.

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