Boxden hiphop sports wild'ish games movies news eyecandy tech gear rides
trending now most viewers #top20 top yesterday all sections videos pics tracks headlines

Establishing and Building Good Credit

most watched this minute | see more
most viewed right now
144 viewing
 MLB Here Is A Millionaire MLB Player's Check Stub
58 comments
most viewed right now
78 viewing
 NBA AND IT BEGINS Jahlil Okafor will ask Timberwolves not to draft him, eyeing..
167 comments

top in section
25 viewing
 Google Fiber pushes automatic piracy fines to subscribers
top in games
top in section
49 viewing
 Image inside Thick Milk Chocolate Tippy London
top in eyecandy

people viewing this topic:   (0 members and 1 guests)  
 
 

let em know Share this on TwitterShare this on Facebook
 Establishing and Building Good Credit
Unread 9 years agoclass of '06 - away - #61
ladyofrage  space
avatar space
Giving a damn...sometimes
space
$745 | 114479
you have no credit at this point. you only have two things and one is bad so it kinda cancels each other out. pay off the credit card.
Reply With Quote
Unread 9 years agoclass of '04 - away - #62
Bodega  space
avatar space
ReD FlAg CapO
space
$537 | 714668
ladyofrage said:
with bank of america, going over you limit raises your APR if you were on an introductory rate which knowing BOA you were. even if you get the over limit under limit, your APR will not go down. best thing is to get a new low balance transfer APR and transfer the balance. try discover student card or chase visa.

I'm going to transfer the balance to a chase visa, but When I transfer the balance to another card what happpends then and will my apr go down on my Bank of America student card (will that card balance will be zero)

thanks a lot for the info
Reply With Quote
Unread 9 years agoclass of '06 - away - #63
ladyofrage  space
avatar space
Giving a damn...sometimes
space
$745 | 114479
your APR will stay the same. onces it goes up, it stays there. you can close your card and apply for another one with a lower rate.
Reply With Quote
Unread 9 years agoclass of '04 - away - #64
Bodega  space
avatar space
ReD FlAg CapO
space
$537 | 714668
So a balance transfer to another card automatcally closes my BOA credit card?

Or will the new card - by transferring balances pays the BOA credit card and then the BOA balance will be zero- So then with the new card I will be paying at a lower apr with the balance I had on the BOA card?

I need some concrete clairty because I wanna get out of this dilemma as soon as possible
Reply With Quote
Unread 9 years agoclass of '06 - away - #65
ladyofrage  space
avatar space
Giving a damn...sometimes
space
$745 | 114479
You balance will be zero but that does not close your card. and you will be paying the balance of the BOA card on the new with a lower APR. Your BOA card will not be closed unless you want it to be and ask them to close it.
Reply With Quote
Unread 9 years agoclass of '05 - away - #66
oneosi  space
avatar space
Senior Member
space
$1,079 | 6401970
Here is a good coupon for a great site, save 20% off of any credit check package at . Use coupon code CPPSAVINGS
Reply With Quote
Unread 9 years agoclass of '05 - away - #67
Sikz de Nyne  space
avatar space
a big head full of nothin
space
$156 | 67402
Monthly payments an services like cell phone plans and internet service don't effect credit riight?
Reply With Quote
Unread 9 years agoclass of '06 - away - #68
firex21  space
avatar space
Senior Member
space
$485 | 669273
prop'd
Reply With Quote
Unread 9 years agoclass of '06 - away - #69
crockjr  space
avatar space
Member
space
$60 | 1913
good info
Reply With Quote
Unread 8 years agoclass of '06 - away - #70
v_nwankwo  space
avatar space
Senior Member
space
$168 | 62917
NO CREDIT IS WORSE THAN BAD CREDIT

As many young American move from childhood to adulthood they are faced with a grim reality. They have no credit, and now they are classified and bunched with those who have bad credit. Any creditworthiness you acquire is directly linked with credit lines that you have on your file. Each credit line is gained when you apply for credit cards, buy a car, get a bank loan etc. So to gain a credit line, you must have good credit and to have good credit you must have credit lines. This has been the problem for most young Americans. One way to eliminate this problem is to acquire a collateral bank loan and once this is paid back you automatically have a credit line. Most banks are willing to offer this service to young people because the bank knows that credit is all that matters in the world today and building your credit from a young age will give you a head start among your peers. Credit card companies can be very reluctant to even offer you a low limit credit card knowing that you have no credit at all. If one is offered it is usually a secured credit card with high initial annual fees and high rates. Also it will be impossible to purchase a car or a home without any credit lines. A bank collateral loan requires a deposit into your bank of choice then the ability to request for a loan that is equal to the amount deposited. A reasonable term would be one year to pay back the loan on a monthly basis. Problem solved. Learn more on establishing new credit at .
Reply With Quote
Unread 8 years agoclass of '07 - away - #71
WILD100  space
avatar space
Senior Member
space
$271 | 631442
Good Website

THE SITE HAS SAMPLE LETTERS AND ALOT OF HELPFUL HINTS , PROPS ON THE THREAD
Reply With Quote
Unread 8 years agoclass of '06 - away - #72
93G4Life  space
avatar space
Enlightened One
space
$6,416 | 7852643
canal_boys said:
wtf dont even work
works for me.. :applause:
Reply With Quote
Unread 8 years agoclass of '05 - away - #73
bgj887  space
avatar space
Senior Member
space
$1,516 | 6289306
i been with chase for about a yr and a half, today they offered me a chase freedom credit card and i accepted, i wanna build up my credit so i'm messing wit it, right now it's a $300 spending limit, and i think the yearly intrest is like 18%, so when i get it imma just use it to buy sh*t i know i can pay back at the end of the month and imma pay the balance off in full when i get my statements
Reply With Quote
Unread 8 years agoclass of '06 - away - #74
unclejuju 1 heat pts space
avatar space
Senior Member
space
$902 | 4222228
props for all the info
Reply With Quote
Unread 8 years agoclass of '06 - away - #75
unclejuju 1 heat pts space
avatar space
Senior Member
space
$902 | 4222228
Inhale said:
if you get more than one card, and pay them off one card with another... as long as you don't mess around and spend more than you have.. that's a good way to build up your credit

is there any truth to this
Reply With Quote
Unread 8 years agoclass of '04 - away - #76
Mista Mizatti 4 heat pts space
avatar space
Revenge of the Fallen
space
$10,031 | POWERFUL
Okay I've been trying to establish my credit for a second now but I get turned down for loans and all that. Is there an easy surefire way to get it done?
Reply With Quote
Unread 8 years agoclass of '06 - away - #77
Dtowns_Answer 2 heat pts space
avatar space
Senior Member
space
$1,359 | 2618939
aight i have a question on credit since im new to this sh*t,
i got a credit card i got from opening an account in dec.
interest free until aug 07
right now i got 1,000 that i owe on that,
so i got a few question, would it be better to pay that off by then
or is it better to pay bout a bill every month? what would be the best thing to do,

another thing, my interest is 9.9 so is that added to the whole amount due every month, or is that 9.9 for the whole grand?
Reply With Quote
Unread 8 years agoclass of '06 - away - #78
JB18Cert  space
avatar space
C-E-R-T u do da rest
space
$292 | 1204810
good read. damn i kno' i don fu*k my credit up. guess i'll just have to wait 7 years to get scr8in' out.
Reply With Quote
Unread 8 years agoclass of '07 - away - #79
LEX300  space
avatar space
Ru-Fi-OOOO
space
$960 | 1536109
Fu7urE101 said:
I have about 3 cards now. A mastercard, visa, and a Gap card all of which I pay off about 3-4 days after I get the statment. But I have a friend who says that might not be enough to really boost my credit score. He said I may have to take out a loan or something.
Establishing credit is sloooow. But you can kind of speed things up a little if you get a loan, if you have a cell phone that counts as credit, car payments (that are in your name), insurance too. I have a couple cards to I use one just for gas. My moms just bought a new house and i co-signed to help my credit. Just gotta make sure you pay your bills!!!
Reply With Quote
Unread 8 years agoclass of '05 - away - #80
bgj887  space
avatar space
Senior Member
space
$1,516 | 6289306
I'm on my way to building up my credit, in april I got a credit card that I pay off in full every month, in april I also started a new cell phone plan in my name and I have also been paying that off every month on time, I'm also trying to buy a car in a few months and when I do the insurance will be under my name
Reply With Quote
 

Home > all sections > The Money Spot
  
    
          join bx


 




that hot ish yesterday


most viewed right now
33 viewing
Image inside Twerker/Possible Future Stripper Rissa Caleb
123 comments
@eyecandy
most viewed right now
23 viewing
Image inside Pron Star mia khalifa doesn't know who biggie is
125 comments
@hiphop
most viewed right now
22 viewing
NBA Eastern Conference Finals: (2) Cleveland Cavaliers vs (1) Atlanta Hawks
1755 comments
@sports
most viewed right now
21 viewing
Image inside May 21 - CEO, wife, son, maid killed and house burned. Savopoulos Fami..
195 comments
@news
most viewed right now
20 viewing
Top 5 rappers who turned out to be a snitch
285 comments
@hiphop
most viewed right now
16 viewing
Article inside Is your pen15 size 'normal'?
113 comments
@wild'ish
most viewed right now
15 viewing
Image inside Petite Meat IV: Married With Children
72 comments
@eyecandy
most viewed right now
13 viewing
Article inside New & What's Leaving Netflix: June 2015
68 comments
@movies
most viewed right now
12 viewing
Image inside Krayzie Bone Got Issues With Young Thug ?
181 comments
@hiphop

^
contact us   |   bx@twitter   |   bx@facebook   |   privacy   |   search   |   BX 1998-end of time