Question: How can you find out how many credit cards have been issued in your name?

Answer: You need to obtain a copy of your credit report. There are many places that will provide this for a small fee (under $20.00), or if you are turned down for credit, you can obtain one for free. The rejection letter they mail you should give instructions fo

Question: How do you choose a credit card?

Answer: Here are some tips for choosing a credit card company (or evaluating a credit card company that you currently use). Make a list of features that best fit your needs, and rank them according to how you plan to use the credit card. For example, if you exp

Question: If you are behind on your credit card payments can they foreclose on your house?

Answer: Only if the credit card an "equity line of credit" which is secured by a second mortgage on the property.

Question: What do you do if someone steals your mail and gets a credit card in your name?

Answer: The Federal Trade Commission has excellent information for people who are victims of identity theft. The Fair Credit Reporting Act was amended in 2003 in response to this growing problem. Refer to this website for specific information and to begin the pro

Question: What is a delinquency credit card rate?

Answer: Some cards with a low APR for on-time payments apply a very high APR if you are late a certain number of times in any specified time period. These rates sometimes exceed 20 percent. Information about a delinquency credit card rate should be disclosed to y

Question: If you have different balances with different rates on the same credit card can you choose which to pay down first?

Answer: It depends on the credit card agreement. As was already said, it will be in fine print, or in one of the revisions that they send you with you bill that usually gets thrown away. I always pay my credit cards off every month, avoiding interest. However, ea

Question: What does it mean to be pre-approved for a credit card?

Answer: Generally, pre-approval indicates particular consumers meet general, but not necessarily specific criteria for extensions of credit. Credit card companies routinely get information about consumers who have credit scores between certain ranges within which

Question: Why is it harder to get a credit card than a car loan?

Answer: It's harder b/c credit cards have a very tough time collecting on bad debts. Car loans usually have a lien on your vehicle, so that's their collateral. Credit card co.'s do, but very rarely, repo goods, but only if they can trace actual goods purchased.

Question: Is credit card elimination a scam or legitimate?

Answer: Unsecured debt elimination is based on accepted accounting procedures. In arbitration the issuing company is asked to show their ledgers that prove they moved their money into the customer's account. If they cannot, then the ownership of the money was nev

Question: How do you avoid credit card fraud?

Answer: Here are some tips to help protect yourself from credit card fraud. Sign them as soon as they arrive. Carry them separately from your wallet, in a zippered compartment, a businesscard holder, or another small pouch. Keep an eye on them during transactions