Mommy of 2 little girls3 asked:


My husband and I are trying to build our credit enough to get approved for a loan. My husband has so-so credit and I have well, crappy credit (due to a small 2000 debt). What would be the best secured credit card out there to build our credit?? HOW would we go about it?! Make a big purchase and pay it off all at once or make a purchase and pay the minimum?? Etc, thank you very much.

secured loan

DYME_PEACE76 asked:


i’m in need a personal loan, and my credit isn’t the best, i filled out an online form and a company by the name of Freedom Lenders contacted me and stated I was approved for a secured loan, they gave me 3 options 2 were collateral and 1 was a co-signer….i’m skeptical because, i’m afraid to loose out,i know there are sooooo many phony companies, out here that pry on people with poor credit history…Thanks in advance..

secured loan

sa1518 asked:


Can someone please explain exactly what the fed is doing? Are they lending JPM money as a secured loan?

If so - why would they do this for JP Morgan as opposed to another bank that may have been in stable enough position to acquire Bear. And why should they shield JP Morgan from the risk of the company if they are willing to buy it?

Thanks

secured loan

Jaden asked:


Hi everyone, I was just wondering what’s the quickest way to build credit? I work full time and I want to get a student loan from the bank.

I am thinking of getting a Capital One secured credit card and on their site it says that they review accounts periodically and gauge whether they should increase one’s credit limit.

With that said, another question I have is how often is one’s credit limit affected? How long would I have to use that card for before my credit limit is affected?

Thought I’d see what you all say about these two questions before I ask them.

Thanks,
S

secured loan

Math21birthday asked:


my credit is 550, I’m thinking about paying for six months ahead on my car loan so i can increase my credit score and have the peace of mind. i want to do that to increase my credit score so i can get a new car in six months. I want to pay for six months ahead of time, and get a new secure credit card. do you think that can boost my credit to 700 by june of next year?

secured loan

Ty Davis asked:


I bank with Wells Fargo, and they do offer a secured credit card, but I’d prefer to get a small loan from the bank. I’d like to take out about $500. Would they let me do this if my parents co-signed on the loan? I want to build up MY credit, so I don’t want their names to be the ones being benefitted.

secured loan

notyoume asked:


The loans are

personal secured - $450
personal Unsecured - $1500
Auto - $12,000

all the loans are less than 1 month but I need to know how quick my score will go from 515 to 580 given I pay on time everytime.
Also as a note….I have no negitive accounts at all. Does this help make it go faster?

secured loan

4-GiVeN asked:


and a secured credit card or loan??

secured loan

BoxerVA asked:


I had a 60 day late on a small credit card and a 30 day late on a debt consolidation loan. I am being asked for some sort of reason why they were late when really there is no reason then being irresponsible and busy. What should I write?

home loan

TERESA W asked:


I’ve been paying for a car that was totaled in an accident and I’m starting to feel the pinch in my wallet. There’s a program that helps with down payment assistance but I don’t know if the bank will loan me money if I stop paying for that car.

home loan