Think. asked:


I applied for a savings account with HSBC and was turned down because I have no credit.

I guess what I’m asking is how I can get and use a credit card with no bank account.

Also, how can I build credit without trapping myself in a bad credit score?

Thanks

Arthur

gbekommen asked:


I have been “approved” for a credit card I applied for, but according to the approval letter, the issuing bank requires a photocopy of all 3 of the above items before my account can be opened. Additionally, a deadline of about 3 weeks is imposed. Is this legitimate? The letter says this is required by federal law. It seems like either a reasonable way to prevent fraudulent accounts, or just a clever scam. The credit card and circumstances of application otherwise seem reputable.

Darlene

E T asked:


I’ve been looking for part time evening work, and have applied at a few places that use online employment applications. I’m wondering if when I input my social, if they then run that, will it lower my credit score? Or is that a different type of running the social as opposed to credit applications (such a credit cards etc)?

Anthony

dude asked:


lower my FICO the score for the inquiry?

Zachary

jesterx626 asked:


I was looking at airline miles credit cards, and this one has no annual fee. It says the card and the rewards program is fee-free. From their main website: “0.00% Introductory APR (0.0000% DPR) for Purchases for your first 6 months of Cardmembership. Then, a variable APR of 13.24% (0.0363% DPR);15.24% (0.0418% DPR); or 18.24% (0.0500% DPR), depending on our review of your application and credit history.”

Unlimited Travel Choices, Zero Travel Restrictions, Any airline, No blackout dates, Any hotel, No seat restrictions, Any cruise, No Saturday overnight stay requirements, Any car rental, No advance purchase requirements, Any travel package.

How good does this card sound as a airline miles credit card? Any reviews on this card? Basically I just like the idea of spending money on the expenses I usually buy while earning points towards a airplane ticket.
Reply: Hm, how much credit would I need to get that card? So far I went through 3 billing cycles with capital one and paid them all in full each time, and I plan to pay it all off in full for every cycle and any credit card.

Erik

Liana Mei asked:


Who here has either been denied a credit card application for a lower rate for which they thought they were approved or has had their credit limit cut in the last month or so.

I’ve heard AMEX is a great card so I thought of applying for one, then I thought better of it…credit crunch and all that. No point in bringing my score down and my debt up for something I don’t need.

Eugene

Over The Rainbow asked:


and why? What are the basic terms or your card…name and city, state of orgin, % interest, annual fees, application fee. I am most interested in one to rebuild credit.

Andrea

aj lewis asked:


Hey guys… thought I’d ask this here, I got a credit card about two years ago and just about four months ago I hit a financial road block and have been unable to make much payments. They sent me to collections recently and they have (collection agency), understandably, been calling a lot, however I explained my situation many times but they do not stop calling.

Just recently they have been calling my girlfriend’s house and I am not sure HOW they got her number. Her number is not listed which is even weirder. They call once every two weeks or so though. I did not put it on my card application because I was not with her at the time.

Do you know how this collection agency coulda got her number? And how I could get them to stop calling there?

June

italymanru asked:


I was applying for cards and to be honest I don’t even remember filling out the application for this account. But I received a Chase business account card and approved for $10,000 on it. I activated it and have been using it since. My question is, does it matter that I do not have a business and only using it as a personal account? Am I going to be assumed to report a business during tax season? I got this card but I can’t even get a capitol one card. Someone please help me out here. Thanks!

Jessica

k c asked:


In jan of 2007, when I was 17 years old, I had lied on my age on a credit application to American Express for a credit card. A few days later It came in the mail with a $2000 Limit. I had regretfully used it.

In Feburary, American Express had sent me another CC and I did not use that one nor applied. Also in Feb applied for Chase credit card and also lied on the app about my age. I Recieved it in the mail with a 2K limit. Desprate for rent, I had applied for 3 more credit cards all supplied from chase and had recieved them all with another 3K limit, 5K limit and 2800 limit. And also regretfully used it all.
In the same month I applied for Target (never used but got), Sears (used 250) Imagine(used 300) Credit one(used 300), home depot (used 500) another Imagine(Used 300). I regretfully used them all.
I am scared… Im not sure what to do. Now there in collections. In july I turned 18, and they call looking for the money.
Am I responsible for the debt? What can I do?

Frank