Post subject: Credit Card Company Reporting to The Credit Bureau

2/4/2002 1:36 am CDT

Hi.

I’ve had a credit card for 6 months, and 2 for 4 months each. When will they report that I’ve been a good customer to the credit bureaus? Do i have to ask them to?

If so, should i call or write them?

Thanks!

Tiffany

Author: mouse

Post subject: Credit Card Company Reporting to The Credit Bureau

2/4/2002 2:19 am CDT

Most do, some don’t.

Call the 800# or write.

Author: DBC

Post subject: Providian Get Smart Credit Card Review

2/4/2002 10:40 am CDT

What is the current customer service rating for the Get Smart Card? I have had a really bad experience with them and was wondering is it just me?

Author: Leroy

Post subject: Providian Get Smart Credit Card Review

2/4/2002 10:08 pm CDT

I’m sure Providian hasn’t stopped laughing once since they came up this card, for to be sure, it isn’t very “Smart” at all to be a Providian customer, no matter what they call the card. Except for mocking their customers, there is little reason to name it such. We would’ve been better served if they had named it the “Loser Card”!

Author: Eugene

Post subject: Providian Get Smart Credit Card Review

2/4/2002 10:54 pm CDT

it isn’t very “Smart” at all to be a Providian customer, no matter what they call the card. Except for mocking their customers, there is little reason to name it such.

Yeah, that was my first thought after reading this subject also. What, they are telling me I am not smart and I am supposed to “GET smart” with their card? That is a reason enough to NOT get a card from them. I wonder what bright kid in marketing came up with this idea… On second thought, nah, I don’t care.

Author: Dave

Post subject: Credit Card Charges In Other Countries

2/4/2002 5:28 pm CDT

Anyone know of a Visa or Mastercard that charges less than 3

% for charges made in other countries (ie while on vacation)?

Author: Eugene

Post subject: Credit Card Charges In Other Countries

2/4/2002 10:46 pm CDT

I know just two issuers who do not charge anything on top of 1% Visa/Mastercard charge - MBNA and Farm Bureau Bank. I am sure there are more.

I was in Europe a couple of months ago, and I like the statement I received from FBB. Besides the usual line describing the transaction, there is a bunch of numbers on the second line. There’s the currency number, the amount of the purchase in local currency, and the exchange rate. I was there right around the time euro was introduced, and some merchants already listed euro as “local currency”, others listed the pre-euro currencies. Posted prices and receipts always included the euro price, though.

Author: Gabriel

Post subject: Temporary US Resident Credit Card

2/4/2002 8:43 pm CDT

Dear Sir/Madam,

I am a graduate student, and I’ve just arrived in USA, with a F1 visa. I am employee of the University of Cincinnati, I earn >$30000, and of course, I don’t have A credit Hystory. I Have already made a misteake, by applying for a credit card, and I was rejected (I have heard that this will count as a negativ point to my history). I leave in a rent appartement, and I intend to be a serios customer but… Do I have any chance to build a credit hystory? If yes, would you please give me some advices how to do that?

Thank you very much!

Sincerely yours,

Gabriel Ghiaur

Author: Ed Mason

Post subject: Temporary US Resident Credit Card

2/4/2002 9:20 pm CDT

1. A couple of questions?

a. What are your plans for the future..? are you in the process of applying for a Green Card?

b. Are you a preferred Professional.. ? Engineer, Medical, ect..

c. Are you sponsored by your employer?

If the answer to these questions are yes, you should be able to get approved for a Credit Card pending verification of employment..

Author: Péter

Post subject: Temporary US Resident Credit Card

2/5/2002 8:19 am CDT

If you have an SSN then you can start building your credit history with a Secured Credit Card…

That’s how I started 20 months ago … no I have a credit line of ~22000

Author: N. Tiendo

Post subject: Capital One Platinum Credit Card Reviews

2/5/2002 7:44 pm CDT

Hello all! Two things:

1. Cap One has been sending me offers for the Titanium card, but I can’t seem to find anything anywhere about their Titanium card (is it a new card and/or are they test marketing?) Does anyone have one?

2. Today Cap One sent me an invite for the Platinum, but the credit range says from $500.00 to $10,000. However, the review here says from $5000.00 to $20,000. Are we talking about the same credit card or do offers vary?

Author: Dani

Post subject: Capital One Platinum Credit Card Reviews

2/6/2002 1:39 pm CDT

Cap One’s platinum card has a minimum credit limit of $500. What a platinum card…in the old days this used to be considered a classic card. I have no idea what Cap One’s classic card starts at…$20?

The Cap One No Hassles Platinum card, I believe starts at $5000, with a low interest rate, no annual fee, and no telemarketing calls (always a bonus).

Cap One is considered a sub prime card company, only recently have they began entering the prime market (by introducing the No Hassles card). If you have good to excellent credit I would probably recommend a Citi, Chase, Amex, or MBNA card before I would consider a Cap One. Just my .02.

Author: Sean

Post subject: Rebuilding Credit After Bankruptcy

2/6/2002 12:51 am CDT

I filed for bankruptcy 6 months ago, and it has been recently discharged. To repair credit is it better to pay off existing car loan as quickly as possible, or continue monthly payments? Is is also better to pay credit cards off each month, or maintain a small balance?

Author: Dani

Post subject: Rebuilding Credit After Bankruptcy

2/6/2002 2:23 pm CDT

First question: Are you trying to actually rebuild your credit or just increase your score?

Sean,

Increasing score

By paying off a car loan quicker you reduce your debt ratio therefore, 9 times out of 10, increasing your score.

The same scenairo above applies to credit cards and paying them off in full each month.

Rebuilding Credit with Card Companies

By carrying a small balance on a credit card, but making a large payment above the minimum due is profitable for the credit card company and makes you look like a more desirable customer. If you’re profitable to the creditor they are more willing to increase credit lines, offer, lower interest rates, etc. This allows you to rebuild your credit over time by building vendor relations and being able to choose more desirable cards.

Author: Allen

Post subject: Credit Card Transfer Balance

2/6/2002 2:58 pm CDT

I am looking for a low intrest card to transfer my present

card balance to. We have a very good credit rating with no late

payments. My credit union checked my credit report today.

Can you point me to the best credit card deal?

thanks….

Author: Dani

Post subject: Credit Card Transfer Balance

2/7/2002 8:54 am CDT

Allen,

A couple cards are offering low rate transfers. Juniper is offering 1.9% for six months, Discover has 0% for six months for all purchases and transfers. Citibank Platinum is offering 0% for nine months and Chase Platinum is offering a balance transfer rate of 0% for 12 months (I believe this one is invitation only, though). Hope this helps and good luck.

Dani

PS I know Juniper has no transfer fees, but Ciitbank and Discover do (not sure about Chase).

Author: Ira Stoller

Post subject: Credit Card Transfer Balance

2/10/2002 9:11 am CDT

Chase charges a 3$ balance transfer fee

Author: Ping

Post subject: Credit Card Transfer Balance

2/25/2002 4:43 pm CDT

800-903-1896 to apply for a Citi Dividend Platinum Select Master Card. 0% APR on balance transfer until 12/1/2002. No annual fee, the balance transfer fee waived if reply by 4/22/02.

Author: theresa

Post subject: Paying off Your Credit Card Balance Tip

2/8/2002 0:37 am CDT

I have been told that if you accept a check with payment in full in the memo section that the account is paid in full. Is this correct?? Thanks.

Author: Dani

Post subject: Paying off Your Credit Card Balance Tip

2/8/2002 8:33 am CDT

Not exactly. Many credit card companies have it stated in their terms agreement that a check processed with the words paid in full in the memo section can not be applied to them (credit card company).

Author: Ed Mason

Post subject: Paying off Your Credit Card Balance Tip

2/8/2002 8:16 pm CDT

Not With Credit Card Companys.. They will cash the check, but it will not relieve you of the outstanding debt..It is in the terms of the Credit Card agreement..

Author: Janice

Post subject: Credit Card Protection Plan Review

2/8/2002 2:59 pm CDT

I have a question…on my statement it has the credit protection fee which I (stupidly) signed up for..that is $7.95…but then under finance charges it has the charges for my balance and $15.90 finance charge on my credit protection fee….what is this?

Author: Ed Mason

Post subject: Credit Card Protection Plan Review

2/10/2002 11:01 am CDT

What I would do is Cancel the Credit Protection Plan.. It is a waste of your Money.. It will only pay your minimum payment. and also there is usually a 30 day waiting period that you have to comply with before it takes place.. On your billing statement , it would be considered a purchase,

You usually have a 30 day trial period, at which time you can cancel.. Have you gone over the 30days?

Author: sandra

Post subject: Credit Card Protection Plan Review

2/12/2002 0:59 am CDT

That sounds fishy. They are not supposed to charge you interest on a credit protection plan, but if they do it

would be just less than a dollar. Call them up immediately

and ask them about that charge and also cancel that service.

By law you are automatically protected for any unathorized

use and if you use your card for mail order and internet

and items never arrive or are doa. This is just another way

for them to make extra money. Some cards offer credit

protection for unemployment and accidents. It’s better off

to borrow money from a friend or relative for some time

than pay for this. All they pay if you make a claim is the minimum balance they do not pay off your card. And you have to have monthly proof. Spending hours at the unemployement office each month for them to fill out an insurance form. Besides I would not want them to know

I’m unemployed.

Mark Kb

Author: Guest

Post subject: Low APR Intro Credit Card Offers

2/10/2002 10:29 am CDT

I have noticied two companies that have a banner ad/links on two web sites that have mis-leading offers. Well guess what one of them is one your web site! I am looking at it now just to the left of this message posting board. Capital One has a banner ad that states 8.9% fixed APR for a VISA; right under it it states 0% bal. transfer offer! Well you click on the banner and it takes you to their web site, but no where (I looked for 20 min.) does it say anything about a dang 0% bal. transfer offer!

Another offer (different web site -cardtrack.com) has a similar offer from CHASE. Again the banner ad states 0% intro for bal. transfers. When you click on the ad no where in their web site/ offer for the credit card does it say anything about 0% intro. for anything. These companies are misleading people and need to be made aware of it.

If you can tell me where I can specifically look to actually find these mystery 0% offers please let me know!

Post subject: Low APR Intro Credit Card Offers

2/10/2002 8:09 pm CDT

Mark,

Thanks for your post! So sorry for the confusion about the the 0% Capital One offer. That particular offer ended last week, but for some reason the ad to the left of the board did not get updated (all of our other ads on our site did get updated). Anyway, I updated it a few minutes ago. The 8.9% ongoing rate still stands. I would suggest contacting Capital One by phone directly as I have seen other Capital One 0% ads in the last day or two, so they still may be offer 0% to select applicants (wouldn’t hurt to check). You can also view other 0% offers by visiting our “low introductory rate report”.

Best Regards,

Curtis Arnold

P.R./Marketing Dir.

U.S. Citizens for Fair Credit Card Terms, Inc.

http://www.cardratings.com

curtis@cardratings.com

501-663-0314 PH

501-663-0033 FX

Author: Mark

Post subject: Low APR Intro Credit Card Offers

2/11/2002 9:49 am CDT

It appears that Capital One or the web site owner has mysteriously updated their banner ad today and left off the part about the 0% transfer balance. Thx for all the input everyone.

Author: Wendy

Post subject: Rights and Options with Credit Card Company

2/11/2002 4:55 pm CDT

Hi! I am being hounded by a credit card company, and I’m wondering what my rights/options are. I’ve contacted a lawyer and was told they can’t do anything until my credit report is affected. Here’s a quick summary: Had an 18-month no-interest payment plan on a credit card. One of the bills arrived in my mailbox on 3/14, when it was due on 3/12 (arbitrary dates). I immediately called the company, only to be told *I* was responsible for knowing when my bills were due, and they charged me a late fee of $25. I didn’t feel it was fair, so when I paid off the balance in full, I left off the $25 and told them to close my account. I also wrote a letter disputing the amount to their billing department. They seem to have ignored my letter, adding another late fee (even though the account was closed) as well as finance charges. Yep, you guessed it — they added the 18 months’ worth of finance charges, to the tune of some $650 or so. Their policy clearly states that they cannot charge fees on a disputed amount, and I wrote another letter explaining that. They claim they never got it, and they keep adding charges every month, although the late fees have stopped. They’ve also begun phoning me at work and (rudely) asking when I’m going to pay my balance (all $650+ of it) or they’re going to report me. I FAXed the letter again, but I’m wondering if I should be worried about this. They are obviously in the wrong, and I have the documentation to prove it, but I also don’t want this on my credit report. I’m planning on needing a loan later this year, and I don’t want this to hold me up. Other than this, my credit record is impeccable. Should I be worried about this? Any legal agencies to contact? Any advice/info??? I’m in the process of reading the Fair Debt Collection Practices Act, but I wanted some quick/easy info, too. Thanks! -Wendy

Author: mouse

Post subject: Rights and Options with Credit Card Company

2/11/2002 7:09 pm CDT

Fax them again with “FINAL NOTICE TO CREDIT THE $650.00+ OR THE NEXT STEP IS COURT”

I need the name of the office manager, credit manager, vice president, president, and c.e.o. for the paperwork for SMALL CLAIMS COURT.

Author: Ira Stoller

Post subject: Rights and Options with Credit Card Company

2/11/2002 7:46 pm CDT

Oh yeah, Mouse, that’ll convince them! Wow, after receiving a fax like that the president of the bank will probably call her personally and ask her to pretty please not take them to court. He’ll probably be in tears and shaking in his shoes when he makes the call. From laughter mabe.

What is your suggested fax supposed to accomplish? Anger & empty threats will get her nowhere, and if it did go to court, they have more lawyers than she does. Conservatively the cost of such an action could cost her upwards of $2,500.00 in legal fees, even if she wins, which is very doubtful.

Get real, will you?

Author: Chris

Post subject: Credit Card Limit Lowered

2/11/2002 11:17 pm CDT

I have a MBNA Quantum Mastercard. It has a limit of $29,000. I have no possible need for a limit like that. I think its hurting my credit rating a bit since I end up having too much “potential” debt. I don’t use the card that much and never carry a balance on it. I would like to keep the card since I’ve had it for so long.

Is there a way to get the limit lowered without it looking bad on my credit report?

Author: Ira Stoller

Post subject: Credit Card Limit Lowered

2/12/2002 0:19 am CDT

Of course. Simply call the 800 number which is listed on your card and on every statement and tell them the limit that you want and they’ll lower it for you. I’ve done this several times for exactly your reasons; I don’t want too much revolving credit (translation: credit card limits) handing around. Therefore I ask that it be reduced. It will take you 3 minutes once you’re connected.

Author: Chris

Post subject: Credit Card Limit Lowered

2/12/2002 8:35 pm CDT

Ira,

Thanks. I know the mechanics of how to lower the limit, rather I was concerned that the transition from higher to lower might be perceived as a loss of confidence on the credit card issuer’s part. Can one get a comment attached that states the limit was lowered at the card holder’s request?

Author: mouse

Post subject: Credit Card Limit Lowered

2/12/2002 1:04 am CDT

It will hurt if you have ever been @ $29,000.

Just have it put at your highest balance you ever had, rounded up to the next $1,000.

There is a debt to credit limit ratio you have to worry about.

I personally would NEVER do it, but if you want to, fine.

Author: Michael

Post subject: High Credit Card Limit Tips

2/12/2002 10:17 am CDT

Every year Discover raises my limit around Christmas, in the hope that I will spend more with the card. The limit is now $15,000. I wonder if lowering it to $10,000 will help or hurt my credit rating. I have other cards, and I pay my balance in full each month. I cannot envision when I would ever charge this much on Discover, especially now that they have changed their rebate terms. I do want to keep the card, since I have had it since 1986. I just don’t want to be maxed out on my credit reports regarding unsecured credit.Does anyone have an opinion?

Author: maxy

Post subject: High Credit Card Limit Tips

2/12/2002 1:10 pm CDT

Leave your discover card the way it is. The higher your

overall credit line the better for your credit rating.

What creditors look for is an average of your debt against

total credit line. The higher this is, the lower your

debts will look.

What is not good is to have all credit cards used to the

limit. It’s better to store your card safely and not use it.

If your limit is lowered, it might show up on your credit

report without explaining you asked for it, so it will

look questionable to other creditors in the future.

Author: dave

Post subject: High Credit Card Limit Tips

2/12/2002 8:50 pm CDT

I agree with Maxy. If you get into a situation where you are applying for a mortgage and the lender thinks you have too much available credit, you can always close some accounts or ask for lower limits. Otherwise, you’re doing just fine with the 15K limit.

Author: Doug Schmidt

Post subject: Credit Card Minimum Finance Charge Definition

2/13/2002 0:21 am CDT

Is the minimum finance charge, the minimum amount you have to pay each time you get the bill IF you did not buy anything at all? I noticed

> the minimum finance charges are around $0.50 to $1. Just need confirmation

> from you. Thanks

Author: Eugene

Post subject: Credit Card Minimum Finance Charge Definition

2/13/2002 0:29 am CDT

Is the minimum finance charge, the minimum amount you have to pay each time you get the bill IF you did not buy anything at all?

No, it’s the minimum interest you have to pay IF any interest is due. Most of the times it means that if you did not pay the full balance due by the due date, you will owe AT LEAST the minimum finance charge, even if you paid everything but a penny by the due date, and paid that penny a minute after the due date cut-off time.

Author: RJ

Post subject: Credit Card Charge Off Tip

2/13/2002 2:20 pm CDT

Hello,

I have a couple of credit/collections questions and was wondering if you have any advice.

I would like to give you a little background.

I had a Chargeoff of 269 from a major credit card listed on 1 of my credit report with the three major credit bureaus. It was almost 10 years old. A collections company sent me a notice out of the blue stating that they purchased the collection item and the 269 plus another 286 in accrued interest was due. I sent a dispute letter to the collections company return receipt. I then received a settlement agreement for $280 from them and then another asking for proof of payment. I disputed it again, return receipt. I then went to the credit bureau where this was listed on my credit report, purchased the report, disputed the item and also stated that it was outdated. 1 week later the credit bureau contacted me and stated they had deleted it.

I just received another piece of the correspondence from the collection agency. This time they offered a one-time settlement of 51.00 and they will send me a receipt that the item was paid in full.

My questions are:

A) Should I just pay this and get the receipt. I always disputed the amount due. This amount could be acceptable to me. This way it’s over with. But could this payment potentially hurt my credit report, even though it has now been removed.

B) If I do, will this somehow show up on my credit report again?

C) Now that it is removed from my report, should I just dispute this once more?

D) Can they report this again to the credit bureaus?

Not sure if this is the right place to post this question, I would appreciate any advice you could give.

Author: Eugene

Post subject: Credit Card Charge Off Tip

2/13/2002 11:59 pm CDT

A) Should I just pay this and get the receipt.

NO!

Check the Statute of Limitations in your state. The debt is old, and the collection agency might not even have the legal right to try to collect it. (SOL determines how long they can try to collect from you).

This amount could be acceptable to me. This way it’s over with.

It cannot possibly be more “over with” than when the whole negative item is removed from your report, and I understand that is what already happened.

But could this payment potentially hurt my credit report, even though it has now been removed.

It not only could, it will. The collection will have the full right to report “debt settled” for another 7 years or so, and that is very bad.

C) Now that it is removed from my report, should I just dispute this once more?

What is there to dispute if it has been removed?

D) Can they report this again to the credit bureaus?

Well, technically, they can. However, if you find out the debt is past SOL, write them a letter stating that, and asking them to not contact you anymore. Send it certified, with return receipt, and you will most probably never hear from them and never see them on your report again. If you do, dispute it with the CRAs (it’s old enough to be removed).

Author: Kevin

Post subject: Credit Card Charge Off Tip

2/13/2002 1:36 pm CDT

I’ve heard about charity credit cards for time to time. For the last 30 minutes I’ve gone looking for them. I’ve found guides on what types there are, cards that would earn you points( but can’t donate them to charities), and charity cards for UK. I can’t however find a charity credit card for a person in the United States. Are there charity credit cards anymore in the US? By charity credit cards I mean a credit card that will give a tiny rebate percent of anything spent. I’m doing a small research project.

Author: 84s10

Post subject: Most Accepted Credit Cards

2/15/2002 10:16 pm CDT

In one were going to get a credit card and wanted to get a card that is accepted for transaction in the most places (in the United States)…would it be a VISA, MASTERCARD, American Express, or what…? Been trying unsuccessfully to find some statistics on this…I would assume the most widely accepted card is Mastercard, then VISA…just based on observation of places I frequent.

Does anyone know if there are some statistics available on this and where I could find them ?

Dr. Bill Lavinski

Post subject: Most Accepted Credit Cards

2/16/2002 4:07 am CDT

Well…assuming I understand your question, Mastercard is the most universally accepted card in the world. American Express, Diner’s Club and even Discover card are the least accepted. Merchants pay a small percentage on every trnasaction on Bank Cards (American Express and such are NOT BANK CARDS). Simply put, they cost the merchant TOO much money to bother with. American Express is starting to lose its luster and has been suffering great loses all over the world. People with good credit refuse to pay annual fees anymore and their “Blue” card layed an enormous egg (seems their “smart” chip wasn’t).

Author: Peter

Posted: Wed Jul 07, 2004 2:42 pm

Post subject: What happened to NextCard credit card?

2/16/2002 8:43 pm CDT

Why have they closed down? Seems like they had LOADS of money to burn…

Pete

http://www.No1Free.com - freebies galore!

Author: mouse

Post subject: What Happened to NextCard Credit Card?

2/16/2002 10:11 pm CDT

O.C.C. and F.D.I.C. have taken over. They should sell your account(s) soon (2 months +/-). Accounts still work, but no BT, and if you have any rewards available, request them NOW! I assume that the rewards would NOT be assumed by any other companies that might over your account(s).