Credit Card Application

Marissa asked:


Here’s the deal.

I had just turned 18 and sent in at least 7 applications for credit cards before knowing it was bad for credit.

One time I went over my credit limit on one credit card and paid the fee and never had it happen again. (this was my 3rd month of owning the card).

I had 3 credit cards from major companies to begin with and got rid of one after problems with the company (Capital One) an my dad has me as an authorized user on his Shell Gas Card. I was an authorized user on my moms Old Navy Card.

Will keeping my balances low, paying everything on time. (I’ve never once been late), help repair everything in the long run, down the road at least 4 years when I need to get an apartment, auto loans, etc?
I’m still 18…just a few months older and hopefully a bit wiser
The reason I am closing one of the credit cards is that Capital One has been charging me for a service I do not use and upon further research have read that Capital One does not report my credit limit to the credit bureaus so it looks bad and negatively impacts my credit. I was thinking Im better off getting rid of it early before more damage is done.

ROMAN

TOPDOGG asked:


do u get APPROVED ONLINE AND IF U DON’T GET APPROVED DO THEY HAVE A OFFER THAT WILL APPROVE SOMEONE WHO HAS BAD CREDIT AND I WANT TO ASK HOW LONG DOES IT TAKE TO RECIEVE YOUR CREDIT CARD.THANKS TO EVERYONE WHO ANSWER THIS QUESTION

ZANE

Kira Yamato asked:


for a prepaid debit card do i verified with “PayPal Plus Credit Card Application” the one where they ask you your DOB and SSN?

VINCE

Joey L asked:


I want to know why is it that as soon as high school graduates go into college or go for a higher education that credit card companies mail them applications to obtain credits cards. I do not know how credit cards fully work I only saw how devastating it can be if not managed properly. Due to my father’s history, I’m hesitant to apply for credit cards when the time comes.

The reason why I’m curious is because there are things that can only be purchased online. In example Gundam models and etc or things on ebay. I admit the main reason why is because I have gotten a spark of interest to buy and collect Gundam models again, but the only area I can buy them now is online.

I know that gift cards can work in the same way as credit cards when online shopping, but I fear that my father might be worried that I will end up going down the same path he did and in the future I would have to declare bankruptcy.

I just want the know things about Credit cards and how to best manage your expenses when having a credit card

COLIN

A asked:


My application approved online yesterday, December 13, 2007. It says 7-10 business days it will be mailed. The company is Abercrombie. When do you think I’ll get it? I kinda need it before Christmas. Thanks!

MALCOLM