Question: If you allow someone with poor credit history to be an authorized user on your credit card will it lower your credit score due to their poor history?

Answer: NO. Authorized user, sounds like some type of legally binding term. It isn't, it simply means that any charges the person makes on the card, cannot be disputed by the card holder. The only thing that applies to your credit score is your personal credit hi

Question: Is it legal for a credit card company to garnish your wages?

Answer: If a creditor sues the debtor and wins, the creditor/plaintiff will be awarded a writ of judgment. A judgment can be executed against any non-exempt property that belongs to the debtor/defendant. Wage garnishment is usually the first choice, there are fou

Question: How long do charge offs stay on a credit report and when does the timeframe begin?

Answer: Up to seven years from the date it happened. However, most creditors will only deny you credit if it has happened in the last few years.

Question: What should you do if your credit card is lost or stolen?

Answer: Report a lost or stolen credit card to the card issuer as quickly as possible. Many companies have toll-free numbers and 24-hour service to deal with such emergencies. It's a good idea to follow up your phone calls with a letter. Include your account numb

Question: Will an authorized user of a credit card have their credit score improved?

Answer: NO. You would have to be a joint cardholder in order to get credit reporting. But that means it will report any missed payments on your credit also, and if the card balance isn't paid, they can come after you as well as the primary cardholder; authorized

Question: How many numbers are there supposed to be on a credit card?

Answer: There are 16 digits for a credit card account. However, additional numbers are on the back side of the card. They include the last 4 digits of the account number and a 3 digit security code that is sometimes requested for security purposes.

Question: Can a credit card company garnish your wages?

Answer: A creditor can not garnish your wages without a court order. Actually, the only thing they CAN do is to take you to court, which is a possibility. However, without such action, there is nothing they can do to you outside of calling you and writing you in

Question: How do you locate the mailing addresses of credit card companies with whom you have accounts?

Answer: I just got my credit report from Equifax and it had all the creditors addresses (open and closed) included when I viewed the details of my accounts.

Question: How can you obtain a Russel Simmons credit card?

Answer: Call...1-800-RUSH-CARD

Question: What is a credit card grace period?

Answer: A free period, also called a "grace period," lets you avoid finance charges by paying your credit card balance in full before the due date. Knowing whether you have a free period is especially important if you plan to pay off your account in full each mon