Posts Tagged ‘late payments’
How should I handle Mercedes purchase?
I have: credit score approx. 630 (high debt-to-limit on 2 credit cards and limited history is the reason for my low score; no late payments.) Good income--I can afford a car payment and still save a good amount each month. Being a young businessperson I need to improve my vehicle situation, I drive a poor vehicle now. I'm looking for a [...]
Can I file for bankruptcy?
I couldn't get a loan for my small business and I endup using all my credit cards to cover team, supplies, trips for our team riders, rent, goods and services, some equipment, etc.. The business was as sole and all the card were on my name. So is my personal line of credit. I was hoping that it will payback the bills and didn't go that way. I [...]
I am trying to fix my credit and get back on track but i need help, i don't know where to go to get started.?
I ran into some problems and ran up my credit cards now im having a hard time paying them off. I would like to consolidate them and pay them off but i have no idea where to go to start this process. I hear a lot of people saying that all the debt consolidation places arent the best that they i would pay them and they would pay my credit cards [...]
What is the best and fastest way for my husband to raise his credit score by 40 points?
We want to refinance to lock in a fixed rate. (and possibly pay off around ,000 in credit card debt- but that is not necessary) He has a few late payments on a couple smaller balance accounts that are screwing up his credit score. My credit isn't that great either, plus I don't work (Stay at home mom) We owe 0,000 on our house and it's been [...]
How do I build positive REPORTING credit for my small business?
I recently got a Business Platinum Visa for my small business (I'm a contractor) through Bank of America and found out today that they only report negative (past due accounts) information to the credit bureaus, not positive. In other words, my ,000 line of credit is useless because no one can verify that it exists. I have proof of this--I [...]
Should I add my wife to my credit card?
We are trying to get ready to buy a house in approximately 6 months. Her credit score is moderately low (575 or so last time we checked), mine is upper 600's. We currently have a joint credit card, but I also have another credit card, and two 'in-store' credit cards (Best Buy and Guitar Center). My credit card has a limit of ,000 and a [...]
what are current rates on late fees and interest on commercial mortgages?
I sold my building to someone 4 years ago. I gave him a 30 fixed mortgage at 7% interest with a 5% late fee and 5% interest on late payments. He now wants to refinance. But he was late on every payment during the 4 years. Sometimes 2, 3, up to 8 months late on his payments. I have no problems refinancing with him at 5.25%. But i wanted to know if [...]
