SK asked:


I’m a college student with no credit but I want to get a credit card. What are some of the best credit cards for students? I’m planning to make small purchases and paying them off the next month to build credit. What other ways can I build my credit?

Bamboo Window Shades

Ebubekir K asked:


I got a letter from a credit card company saying that they have reduced my credit limit without any previous warning. Is there a limit to how often can they do this? Can they do it how ever many times they wish? For example, once every six months/year?

Also, Is there any way to see it coming?
The letter is not the warning because when i get the letter, the limit change is already in effect.

Water Vending Machines

Lele44 asked:


I got a new credit card in the mail through an airline. I didn’t know I was applying for a card, I thought I was joining the frequent flyer club.

I have not activated the card. I thought about keeping it in a drawer for emergencies, but the interest is outrageous, so I want to cancel it. If I call to cancel, will that show up on my report as a closed credit card account, or would it not show up at all because I never activated or used the card?
Earlier this year, I paid off all of my credit cards and have not had an active card for 5 years. I recently got a new card with ample credit and a decent rate. Because I’m a recovering spend-a-holic. I’m fearful of having too much credit available.
To answer your question Laissez-Faire Guy, I, too agree that the activation is a scam. When I activated my other card, it was an automated process, then they patch you to a “customer service person” who wants you to buy additional services. It was hilarious b/c he was foreign and reading a script. After I kept saying no, he read the end of his script so fast, he sounded like a disclaimer in a car commercial.

Designer Scented Candles

Mitch G asked:


I’m buying a house and I close on October 31. It’s a FHA loan and right now my rate is 6.375%. Should I lock in beforehand or should I wait for the bailout package to pass? What will happen to interest rates?

Auto Touch Up Paint

single_mother asked:


Alright, I have searched the internet and asked people this question. I want to get a credit card to help build my credit. But I am having trouble finding a real credit card. I do not want a debit card. I know they exist, so please help me. Is there a real credit card for people with absolutely no credit?

Wholesale Scented Jar Candles

asked:


I am 18 years old, I have no credit history. I am looking for a credit card so I can build my cred history. What are the best credit cards for individuals like myself? Thank you!

Best Rated Heat Pumps

Sebastian asked:


“Lowering interest rates stimulates growth to avoid recession; however, that will eventually cause inflation. Raising interest rates will slow inflationary growth, but may lead to a recession.”

In simple terms, how does this work?

Heat Pump Prices

Shoe Maker asked:


Does anyone know what interest rates should be offered for good, fair and poor credit, when financing a vehicle?

Braided Fishing Line

R C asked:


My son is a college freshman. He has a FDSL loan of $3500 and a student loan from a bank/Great Lakes Educ for over $2500. Will his loan interest accumulation fluctuate with the changing interest rates? Are the drops in the interest rates which we are hearing about on the news of any benefit to college students?

Scented Candle Gift Sets

saborguerito asked:


I am curious to know how much start up money would be needed to start a small Credit Card Company. I am interested in extending credit with Secured Credit Cards with low limits for individuals looking to establish or re-establish credit by a secured credit card. Also I have thought about prepaid debit cards for those in chexsystems and cannot get conventional checking accounts.

Any help?
What I mean is not to broker, but to be able to start a very small company directly.

Pine Scented Candles