Ok so im 17, and i dont have a credit card and i want to buy somethin but i need a credit card for it and i only have cash. How can i buy something without a credit card? Oh and My Parents won't buy me it with their credit card.|||Technically you have to be 18
HOWEVER you do not need a credit card to register on eBay so your fine there
to pay for items eBay has a policy which is all items must have Paypal as a paying option which again you don't need a credit card you can link your normal bank account and pay using that foe buyers this is the best option as Paypal will cover you if the seller doesn't send the item or it's damaged or not as described you just let them know they investigate and if the seller can not prove it was sent ect you will be refunded from Paypal up to 20,000
Your other options are,
bank deposit - you go into the bank and deposit cash into there account alot off sellers prefer this as it saves them on fees BUT this is usually the easiest way to become a victim off a scam check there feedback
Cash on delivery- they send the item and when you pick it up from the post office you pay then and the post office sends the seller a money order, this method is pretty safe but will cost you about 15 more as the post office charges a fee,
bank cheque or money order- you can get bank cheque from your bank give them the cash they'll give u the cheque then post it to the seller money orders are the same except through the post office,
99.9% off sellers will accept one off the above non Paypal options just email and ask them, Paypal charges alot off fees so sellers are happy when they don't have to pay
GOODLUCK|||You're out of luck, kid.|||Because a purchase on Ebay is a legal contact and because only those 18 and above can enter into such a contract you cannot buy via ebay.
Saturday, December 17, 2011
How many who are in favor of credit cards work for credit card companies?
If no one ever paid for use of credit cards, the credit card companies would go out of business.|||Most people who have credit cards use them as they were intended and actually pay the balances in full every month. Credit cards are a short term convenience. They are not meant to be long term financing.
If people who run up big credit card balances and only pay mininimums all paid off and stopped using credit cards, the credit card companies would still be just fine. They would save all the expense of collection calls, lawsuits, and writing off bad debt. In fact, they'd probably save so much that the credit card companies could increase the reward benefits!
No, I've never worked for a credit card company.|||You have this backwards. If credit card companies go out of business no one would have access to quick credit.
If you use credit cards wisely they HELP you. Not hurt you. There is no reason to ever pay a fee or pay interest if you pay off the balance charged every month and choose a card wisely.
And no, I don't work for a credit card company.|||If no one ever paid for delicious fudge-dipped cookies, the Keebler Elves would go out of business. Your point?|||47% of Americans pay their credit cards in full each month.
They have never paid interest or any fees.
They carry the top credit scores.
/
If people who run up big credit card balances and only pay mininimums all paid off and stopped using credit cards, the credit card companies would still be just fine. They would save all the expense of collection calls, lawsuits, and writing off bad debt. In fact, they'd probably save so much that the credit card companies could increase the reward benefits!
No, I've never worked for a credit card company.|||You have this backwards. If credit card companies go out of business no one would have access to quick credit.
If you use credit cards wisely they HELP you. Not hurt you. There is no reason to ever pay a fee or pay interest if you pay off the balance charged every month and choose a card wisely.
And no, I don't work for a credit card company.|||If no one ever paid for delicious fudge-dipped cookies, the Keebler Elves would go out of business. Your point?|||47% of Americans pay their credit cards in full each month.
They have never paid interest or any fees.
They carry the top credit scores.
/
Why is it bad for credit to cancel a card?
I have 3 credit cards that I just never use. I have kept them for emergency purposes. If I need a credit card for something, I just use my debit card. (Is this really a bad thing?)
Anyhow, one of the creditors just informed me that they will charge a fee even if you have a zero balance, and also an extra fee for foreign purchases. Of course, I want to cancel. Is this bad? Also, I already cancelled 2 dept store cards, Lerner %26amp; Spiegel, last year.|||I don't know where the poster had gotten their information - the one who said having credit cards that have balances at zero means the accounts are maxed out and fully utilized - totally wrong.
Available credit does not equal debt. If your cards are at zero or below 30%, your utilization would look great.
And if that is the case, a credit analyst would not see a person that is "in" debt. But rather as a person who is credit worthy (as long as there are no derogatories, such as late pays, charge offs, etc.)
Anyway-
If one of your creditors told you that they will start charging a fee, by all means call them and cancel.
As for the other 2 cards, if those are the only cards you have you might leave them open. About every 6 months charge something small on them, socks, gum, whatever. Then pay in full when you receive the statement.
That way you would be keeping the cards open/current and paying in full when you receive the statement will mean paying no interest.
You would be making the cards "work for you" in giving you a good history, showing that you can handle credit, lowering your auto insurance, giving you a good chance at lower rates on future credit (car/home), etc., etc., etc.
edited to add a thumbs up to Sarah for an excellent answer.|||Hi,
I used "Credit Solution" to settle my debt.They managed to reduce my debt up to 58%.I came accross this company while watching NBC.Check it out here:
http://www.tkqlhce.com/click-1813149-10467845|||Using your debit cards for emergencies can be a bad thing because most gas stations put a $75 hold on your account, even if you only get one gallon of gas. Some places may have a surcharge for using your card as a "debit."
The main reason I don't use debit cards is that if the card number is stolen, you could have your entire account wiped out before you can do anything about it. Some banks don't put the money back into your account until they're done with their investigation. I've known two people this has happened to (both at Wachovia) and it caused major headaches for them both. (For what it's worth, many credit card companies are starting to waive the $50 liability fee for fraudulent charges.)
As for closing your credit cards, you should keep your oldest card open... unless it's the evil card that charges the fee for zero balance. Is it, by chance, American Express? That's just insane, though... annual fees are EVIL. See if you can open up another credit card that doesn't have an annual fee and has low APR.
Closing bank cards can hurt your score because you increase your debt-to-credit limit ratio (because you reduce your amount of available credit) and and the length of your credit history may suffer.
I know that there are a lot of Dave Ramsey fans and those who have had horrible experience with credit cards who advise people to live without credit, but try getting a mortgage without credit! You can live within your means, you've showed that by using your debit card. If you don't like credit cards, you don't have to use them. Please don't close all of your cards... it's like a loaded gun: it's best to have and never need to use than need and not have... and it can end up hurting you if misused.|||No, it's not bad. Having multiple credit cards is bad. Opening and closing accounts frequently would show up as negative on your report. Pick one credit card that has no fees when not being used. Doesn't your debit card have a credit card associated with it - they usually do now, and that's all you would need. Go ahead and cancel the ones you do not use.|||It's weird that cancelling a credit card can negatively influence your credit rating but it can.
When you have a credit card, your credit history shows that credit card as being fully utilized. So if you have a Visa card with a $5000 credit limit, your credit history shows that you have $5000 in debt even if there isnt one cent on the credit card bill.
When a credit analyst looks at your credit history and they see that you have say three credit cards, they see you as a person who has $15,000 in debt but there have been no delinquencies, collections, etc. In short, you look like you can handle the $15,000 debt well and have had no problems.
When you cancel a card that shows up on your credit history too--just that you cancelled and nothing else. But now it might look like that you used to handle $15,000 in debt well but you've lowered that to $10,000. So to a credit agency it might "look" like you cant handle the $15,000 debt even though to you it is only being financially sound. It's weird logic but it is what happens. When you think about it, it is the reason why a person who has never had a shred of debt in their life cant get a first credit card while the person who already has 5 credit cards has an easy time getting the sixth. The person with 5 has shown they can pay their debts. The person without a credit history has never demonstrated that even though they can be the most reliable person on the planet.|||Yes, it can affect your credit score to cancel several credit cards at once. I don't know why. Instead, cancel one now and another in 6 months, then another in a year.|||No, it's not bad. It just means that you don't need them anymore.|||Sarah and Echo both brought up excellent points. Me myself, I use my debit card for everyday activities and if I have to, use my credit cards in an emergency. I agree that you shouldn't have to pay a fee if you're doing what you should do in the first place: keeping the balance managable. Even though you could get away with closing a card, keep in mind that when you do that, you're shortening your account history and your utilization (credit limits). Another thing that could do. You could use them as bargaining chips to get annual fees and interest rates lowered. Credit card companies hate it when people close their accounts becuase the competition offered something better. They'll do everything possible to keep you becuase chances are they'll have to spend that money anyway to give you an offer to get your business back. Not only you could come out with high limits, but you could also some away with lower interest rates and best of all, NO FEES. So be cautious, and continue to make good decisions with your credit
Anyhow, one of the creditors just informed me that they will charge a fee even if you have a zero balance, and also an extra fee for foreign purchases. Of course, I want to cancel. Is this bad? Also, I already cancelled 2 dept store cards, Lerner %26amp; Spiegel, last year.|||I don't know where the poster had gotten their information - the one who said having credit cards that have balances at zero means the accounts are maxed out and fully utilized - totally wrong.
Available credit does not equal debt. If your cards are at zero or below 30%, your utilization would look great.
And if that is the case, a credit analyst would not see a person that is "in" debt. But rather as a person who is credit worthy (as long as there are no derogatories, such as late pays, charge offs, etc.)
Anyway-
If one of your creditors told you that they will start charging a fee, by all means call them and cancel.
As for the other 2 cards, if those are the only cards you have you might leave them open. About every 6 months charge something small on them, socks, gum, whatever. Then pay in full when you receive the statement.
That way you would be keeping the cards open/current and paying in full when you receive the statement will mean paying no interest.
You would be making the cards "work for you" in giving you a good history, showing that you can handle credit, lowering your auto insurance, giving you a good chance at lower rates on future credit (car/home), etc., etc., etc.
edited to add a thumbs up to Sarah for an excellent answer.|||Hi,
I used "Credit Solution" to settle my debt.They managed to reduce my debt up to 58%.I came accross this company while watching NBC.Check it out here:
http://www.tkqlhce.com/click-1813149-10467845|||Using your debit cards for emergencies can be a bad thing because most gas stations put a $75 hold on your account, even if you only get one gallon of gas. Some places may have a surcharge for using your card as a "debit."
The main reason I don't use debit cards is that if the card number is stolen, you could have your entire account wiped out before you can do anything about it. Some banks don't put the money back into your account until they're done with their investigation. I've known two people this has happened to (both at Wachovia) and it caused major headaches for them both. (For what it's worth, many credit card companies are starting to waive the $50 liability fee for fraudulent charges.)
As for closing your credit cards, you should keep your oldest card open... unless it's the evil card that charges the fee for zero balance. Is it, by chance, American Express? That's just insane, though... annual fees are EVIL. See if you can open up another credit card that doesn't have an annual fee and has low APR.
Closing bank cards can hurt your score because you increase your debt-to-credit limit ratio (because you reduce your amount of available credit) and and the length of your credit history may suffer.
I know that there are a lot of Dave Ramsey fans and those who have had horrible experience with credit cards who advise people to live without credit, but try getting a mortgage without credit! You can live within your means, you've showed that by using your debit card. If you don't like credit cards, you don't have to use them. Please don't close all of your cards... it's like a loaded gun: it's best to have and never need to use than need and not have... and it can end up hurting you if misused.|||No, it's not bad. Having multiple credit cards is bad. Opening and closing accounts frequently would show up as negative on your report. Pick one credit card that has no fees when not being used. Doesn't your debit card have a credit card associated with it - they usually do now, and that's all you would need. Go ahead and cancel the ones you do not use.|||It's weird that cancelling a credit card can negatively influence your credit rating but it can.
When you have a credit card, your credit history shows that credit card as being fully utilized. So if you have a Visa card with a $5000 credit limit, your credit history shows that you have $5000 in debt even if there isnt one cent on the credit card bill.
When a credit analyst looks at your credit history and they see that you have say three credit cards, they see you as a person who has $15,000 in debt but there have been no delinquencies, collections, etc. In short, you look like you can handle the $15,000 debt well and have had no problems.
When you cancel a card that shows up on your credit history too--just that you cancelled and nothing else. But now it might look like that you used to handle $15,000 in debt well but you've lowered that to $10,000. So to a credit agency it might "look" like you cant handle the $15,000 debt even though to you it is only being financially sound. It's weird logic but it is what happens. When you think about it, it is the reason why a person who has never had a shred of debt in their life cant get a first credit card while the person who already has 5 credit cards has an easy time getting the sixth. The person with 5 has shown they can pay their debts. The person without a credit history has never demonstrated that even though they can be the most reliable person on the planet.|||Yes, it can affect your credit score to cancel several credit cards at once. I don't know why. Instead, cancel one now and another in 6 months, then another in a year.|||No, it's not bad. It just means that you don't need them anymore.|||Sarah and Echo both brought up excellent points. Me myself, I use my debit card for everyday activities and if I have to, use my credit cards in an emergency. I agree that you shouldn't have to pay a fee if you're doing what you should do in the first place: keeping the balance managable. Even though you could get away with closing a card, keep in mind that when you do that, you're shortening your account history and your utilization (credit limits). Another thing that could do. You could use them as bargaining chips to get annual fees and interest rates lowered. Credit card companies hate it when people close their accounts becuase the competition offered something better. They'll do everything possible to keep you becuase chances are they'll have to spend that money anyway to give you an offer to get your business back. Not only you could come out with high limits, but you could also some away with lower interest rates and best of all, NO FEES. So be cautious, and continue to make good decisions with your credit
What is the best method for consumer credit card debt relief?
We started a program with "Consumer Credit Counselors" This progarm has us pay the Consumer Credit Counselors, then they pay the credit cards every month. All they do is lower some of the interest rates. They don't negotiate amount owed. The payments are too high for us, so we looked into other alternatives. We found one company that will do it differently for less. They have you pay into an escrow account, and they pay off each credit card individually. They say they negotiate lower balances and interest rates. The payment would be lower and the payoff time cut in half. Does anyone know of any reason we shouldn't do this? Are there any other better ways? WHAT IS THE BEST WAY TO GET CONSUMER DEBT RELIEF with no loans?|||I am not saying that debt settlement/negotiation is the wrong way to go. However, it will damage your credit further.
If you choose to settle on your debts, you can do this without paying enormous fees to a debt settlement company. Keep in mind that any forgiven debt of $600 or more is automatically reported to the IRS, in which you would owe taxes on it as a form of income.
If you can continue to make the payments on your current plan, then that is likely the best option for you. If you are having trouble, give your credit counselor a call to discuss possible changes to your account.|||Ask them if it will affect your credit rating also. I know a couple who did it and they paid off their bills in about 3 years. Oh, and find out if they are a non profit agency. If so, you may be able to write off what you pay them to do this from your taxes.|||Be very careful with these credit counseling and debt management companies. Some will NOT make your payments so that you can get behind. Once behind, the debt management company will try to settle your debt. This will completely trash your credit!
Also, keep in mind that debt management and credit counseling will reflect negatively on your credit report. When a person goes to one of these companies, they are basically saying that they don't know how to manage money.
The BEST method of getting out of debt is to do it yourself. The major benefit of this approach is that YOU learn to control your money. Otherwise, you're not really addressing the problem. Most people get into debt because they don't know how to control themselves (i.e. I want something so I buy it).
My wife and I teach a class at our chruch that helps people get out of debt and learn how to manage their money. In the two years that we've been teaching the class, we've been able to help many people eliminate debt so that they can build wealth.
You can contact me directly if you need some advice on getting out of debt. Please only contact me if you're truly committed to getting out of debt yourself. I will not advise you to borrow money, file bankruptcy or use debt management/credit counseling.
Scott.....|||Why pay them when you can contact your credit card companies yourself and what they will accept for you to get them paid off. They WILL negotiate... they just want their money and they would rather get a little than nothing at all.|||Hi, these articles should help you:
Ways to Consolidate Debt
http://www.debt-explained.com/category/Ways-to-Consolidate-Debt.html
Structured Settlements Guide
http://www.debt-explained.com/category/Structured-Settlements-Guide.html
If you choose to settle on your debts, you can do this without paying enormous fees to a debt settlement company. Keep in mind that any forgiven debt of $600 or more is automatically reported to the IRS, in which you would owe taxes on it as a form of income.
If you can continue to make the payments on your current plan, then that is likely the best option for you. If you are having trouble, give your credit counselor a call to discuss possible changes to your account.|||Ask them if it will affect your credit rating also. I know a couple who did it and they paid off their bills in about 3 years. Oh, and find out if they are a non profit agency. If so, you may be able to write off what you pay them to do this from your taxes.|||Be very careful with these credit counseling and debt management companies. Some will NOT make your payments so that you can get behind. Once behind, the debt management company will try to settle your debt. This will completely trash your credit!
Also, keep in mind that debt management and credit counseling will reflect negatively on your credit report. When a person goes to one of these companies, they are basically saying that they don't know how to manage money.
The BEST method of getting out of debt is to do it yourself. The major benefit of this approach is that YOU learn to control your money. Otherwise, you're not really addressing the problem. Most people get into debt because they don't know how to control themselves (i.e. I want something so I buy it).
My wife and I teach a class at our chruch that helps people get out of debt and learn how to manage their money. In the two years that we've been teaching the class, we've been able to help many people eliminate debt so that they can build wealth.
You can contact me directly if you need some advice on getting out of debt. Please only contact me if you're truly committed to getting out of debt yourself. I will not advise you to borrow money, file bankruptcy or use debt management/credit counseling.
Scott.....|||Why pay them when you can contact your credit card companies yourself and what they will accept for you to get them paid off. They WILL negotiate... they just want their money and they would rather get a little than nothing at all.|||Hi, these articles should help you:
Ways to Consolidate Debt
http://www.debt-explained.com/category/Ways-to-Consolidate-Debt.html
Structured Settlements Guide
http://www.debt-explained.com/category/Structured-Settlements-Guide.html
How do you add a credit card to your Canadian XBOX live account?
I've tried to add a credit card to my xbox live silver account but it only gives me the option of state and zip code. How can I change it to Province and Postal Code?|||During the initial setup, you probably set your Locale to USA. Go to System Settings %26gt; Console Settings %26gt; Locale, and set it to Canada.
I recommend you don't add your credit card to your Live account, because Microsoft will keep it there, and if you want to delete it, you have to call Xbox Live, then wait 30 days for it to be removed. Just go to stores and buy cards.
I recommend you don't add your credit card to your Live account, because Microsoft will keep it there, and if you want to delete it, you have to call Xbox Live, then wait 30 days for it to be removed. Just go to stores and buy cards.
Does the credit card debt restart if a different agencies send letters about your debt even after 6 years?
I mean i heard after 6 years or so your credit card debt is written off, but if during those 6 years you get letters from different solictors, agencies etc does this include the 6 years or is it restarted from the beggining when to a another agency?|||I'm not sure if you are asking about the reporting time line or the statute of limitations so I will address both.
Derogatory accounts show on your credit report for 7-years from the date of first delinquency. It is illegal to re-age debts.
The statute of limitations however can be restarted if you pay on a old debt or in some States be even admitting that the debt is yours.|||First, six years is wrong. On credit reports, unpaid credit card debt lasts for seven years. The statute of limitations, which pertains to someone filing a lawsuit against you, not to your credit report, is usually less, but varies by state.
Second, the time periods are not supposed to restart. It sometimes happens anyway. After 7 years, check your credit report and dispute anything over 7 years old.
Derogatory accounts show on your credit report for 7-years from the date of first delinquency. It is illegal to re-age debts.
The statute of limitations however can be restarted if you pay on a old debt or in some States be even admitting that the debt is yours.|||First, six years is wrong. On credit reports, unpaid credit card debt lasts for seven years. The statute of limitations, which pertains to someone filing a lawsuit against you, not to your credit report, is usually less, but varies by state.
Second, the time periods are not supposed to restart. It sometimes happens anyway. After 7 years, check your credit report and dispute anything over 7 years old.
What are the consequences of credit card fraud?
My teacher in my Economics class gave us a handout and we need to research on this. A man at his workplace took down credit card information, and used it to purchase an item online for 180.00. What we have to find out is if it is likely this case would be investigated, and what the consequences or punishments are for this action, as well as how likely he'd be caught. Does anyone know the details? Would an insurance agency typically not go full out on a transaction this low? In my opinion, i would think not because it wasn't a HUGE amount of money but I may be wrong.|||The Title 18 of the U.S. Code, Section 1029 provides the penalties for “fraud and related activities in connection with access devices,” where access devices refers to any means of account access, including credit cards, account numbers, and PINs, as well as telecommunications services and equipment. The laws in the code prohibit things such as producing, possessing, trafficking in, or soliciting for access devices with the intent to defraud.
Depending upon circumstances regarding the offense and how many counts one is charged with, it could carry a prison term of not more then 10 -20 years and fines as well as forfeiture to the United States of any personal property used or intended to be used to commit the offense.
That's Federal, now each state also has their own laws regarding the illegal use of ones credit card and/or information.
As to a small amount like that, I doubt anything will happen (unless this person has done it before).
Hope this helps answer your questioin
|||In most place over 200.00 is a felony. In most cases it would be up to the credit card company. The person is only affected if they say it was identity theft in this case it can be 1-5 years in jail a fine of up to $10,000 depending on the state. The variables is:
if it was done by mail,internet,phone fraud.
identity fraud.
amount.
State.
normally the person can get away with a settlement for the fine. It depends on if they have a lawyer and if the DA-district attorney has enough proof to convict. Most likely it would only be a fine and could be probation.
www.creditrepairuniverse.net
24 Hour credit dispute
Erase:Chex-systems, bankruptcy, judgments, repossessions, collections,
charge-offs, late payments, inquiries
Free Cpn,Scn:New credit File in your own Social Security|||I think it also has to do with the person who had his credit card info taken. Like if he pressed charges, etc|||DEATH!
Depending upon circumstances regarding the offense and how many counts one is charged with, it could carry a prison term of not more then 10 -20 years and fines as well as forfeiture to the United States of any personal property used or intended to be used to commit the offense.
That's Federal, now each state also has their own laws regarding the illegal use of ones credit card and/or information.
As to a small amount like that, I doubt anything will happen (unless this person has done it before).
Hope this helps answer your questioin
|||In most place over 200.00 is a felony. In most cases it would be up to the credit card company. The person is only affected if they say it was identity theft in this case it can be 1-5 years in jail a fine of up to $10,000 depending on the state. The variables is:
if it was done by mail,internet,phone fraud.
identity fraud.
amount.
State.
normally the person can get away with a settlement for the fine. It depends on if they have a lawyer and if the DA-district attorney has enough proof to convict. Most likely it would only be a fine and could be probation.
www.creditrepairuniverse.net
24 Hour credit dispute
Erase:Chex-systems, bankruptcy, judgments, repossessions, collections,
charge-offs, late payments, inquiries
Free Cpn,Scn:New credit File in your own Social Security|||I think it also has to do with the person who had his credit card info taken. Like if he pressed charges, etc|||DEATH!
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