Getting a new credit card question
Date: Mon, 08/03/2009 - 21:04
I haven't had credit for 6 years. I would like to get a credit card.
I have a debt collector on my credit report, but it should be dropping off. Other than that, my credit is okay.
If I apply for a credit card, what will the credit company look at? Will they look at my credit score or my credit history? Or, both?
Will the debt collector see that I am applying for a new credit card? If so, will they be inspired to sue me?
I have a debt collector on my credit report, but it should be dropping off. Other than that, my credit is okay.
If I apply for a credit card, what will the credit company look at? Will they look at my credit score or my credit history? Or, both?
Will the debt collector see that I am applying for a new credit card? If so, will they be inspired to sue me?
Your credit history strongly determines your credit score. These
Your credit history strongly determines your credit score. These processes are largely automated so that is why creditors love the score so much.
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Will the debt collector see that I am applying for a new credit card? |
That depends. It's not like the CRA will call them up and say "guess what?". Look at your Inquiries. How often does the collector check your report?
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will they be inspired to sue me? |
That depends on the Statute of Limitations of your state.
Look here for your state SOL:
"http://law.findlaw.com/state-laws/civil-statute-of-limitations/"
(remove any added spaces).
What is the lowest a credit score can be to qualify for a non se
What is the lowest a credit score can be to qualify for a non secured credit card?
What credit agency do most credit card companies check an applicant's credit?
For both questions, that depends on the card. The lower your sco
For both questions, that depends on the card. The lower your score, the higher the interest they will charge you.