Carme V asked: I just recently paid off all my past credit card debt. I paid off one student loan (expect the interest) and i have one student loan still active. I noticed my credit score went up, but i am still being denied. How long does it take to completely clear [...]
Tags: Bad Credit, Credit Card Debt, Credit Debt, Credit Score, How Long Does It Take To Rebuild Credit, Rebuild My Credit
PurduePR asked: My spouse and I are planning to buy a house in the next few months. I am wondering how my spouse’s CS will affect to get a good mortgage deal. I have good credit (781, just checked) but my spouse has been accumulating credit history for less than two years. A point that [...]
Tags: Buy A House, Buy House, Credit Card Debt, Credit Debt, Credit History, Credit Score
artis asked: My father in-law has incurable cancer, and outstanding credit card debt of about $55K. Can the credit card companies sue his estate or children to collect the outstanding balances on his accounts once he passes away?
marketplacevideos asked:
Mortgages arent the only financial instruments that get turned into securities. Marketplace Senior Editor Paddy Hirsch explains how companies make money by buying credit card debt and bundling it. More coverage of the financial crisis is at marketplace.org/financialcrisis
Tags: Bonds, Credit Card Debt, Credit Cards, Credit Debt, Financial Crisis, Financial Instruments, Hirsch, Marketplace, Money Card, Mortgages
Stephen S asked: An old credit card that defaulted on it has been more than years since the account is considered an open account or written contracts does anyone know for certain which type applies for certain which type applies for credit card debt is considered an old credit card debt in the state of [...]
Tags: 6 Years, Citibank Mastercard, Contracts, Credit Card Debt, Credit Debt, Open Accounts, State Of Georgia, Statute Of Limitations, Staute Of Limitations