Archive for January 2009

Will applying for car loans with multiple lenders hurt my chances of getting a loan?

skifreak38 asked: I’m fresh out of college and in need of a new car. I’m shopping for rates - filled out a credit application with the dealer, and a couple online. One of the lenders I applied with online wrote at the bottom of an email to “be sure not to apply in multiple places [...]

How do I consolidate student loans from different lenders?

phildarthebuildar asked: I have three loans from three different lenders. Who would buy up all three of my loans and give me a decent interest rate? I have good credit.

How can you raise you credit score even when you pay on time?

amhjp1820 asked: Ok, past credit messed me up. I have a judgement thats almost paid off. I am trying to raise my credit score.I have 3 new accounts that I’ve paid on time for over 1 year. I read that one way to raise your score is to ” piggy back” on a relatives good [...]

How many credit cards should you have to rebuild credit?

Nikita asked: I am trying to rebuild my credit after ID theft, a couple of problems that were mine and years of basically not having any credit reported. (I primarily use my debit card and pay cash for everything). I make good money now and am trying to rebuild in order to purchase a [...]

What is a good credit limit for a first credit card?

Michelle W asked: I got my first credit card a couple years ago via Bank of America, and my current credit limit is $9000. Since I don’t have any experience with credit cards in the past, I’m wondering if this is good or not? Is there anyway I can increase this limit? [...]