Should I consolidate my credit cards into one card?
485971
If your credit is in good standing,you probably get offers in the mail for o% for 6 months to a year for transfers.Transfer your balances to them.Some cards limit the amount you can transfer,so you may have to open a few new accounts.You can also call your credit card company and ask for a lower rate.If you are a good customer,they will help you.I am paying off a new roof,and I got 0% for a year.it's a great help not having to pay any interest.When the year is up,and my balance is not paid up,I will look for another company offering a 0%.Get the point? Good luck.
467419
You have many options to combine finances.  Of all of these I would advise you to each start a separate trust with all of your worldly assets.  You can name your partner as the benefactor or the trust and vice versa.  I would not advise putting multiple names on loans, leases or credit cards.  If for some reason these things go sour the liability would be greater.  I would advise anyone (married or not) to keep credit cards with only one name.  This debit is forgiven with a death certificate in most states.  By creating a trust account (and making 1 person sole benefactor) you are showing that you are committed to your partner and that you're pennywise!
774803
more than likely it is a matter of time, i would keep enough money on the card for what ever the amount was\n\n they will want their money eventually, \n\nthe reason they wait is because the credit card companies charge them eigther a % of the sales, or they charge per transaction, and they are better off turning them in all at once, than one at a time
4125
it depends. From what I know, a store credit card is considered the same as a bank card (for your credit history). At any point it is good to have around 2-3 such cards open. any more or less, and you risk being considered as not such a good credit risk
895744
The more available credit you have vs. the amount you owe actually helps you.\n\nMost mortgage companies/banks look at your visa/mc/discover/american express and not your store cards.\n\nI would close the store cards, and keep the rest, just don't use them.\n\nAnd you never know when you might need them and not be able to get them back.
145867
consolidate your loans
64480
If you don't already have one open a checking and savings account. it is best to go through a credit union they are better and safer in the means they won't screw you over like the others.  Get one or two credit cards and no more than that if you have more cancel them. Opening and closing credit card accounts will lower your credit a bit but in the long run it works to your benefit. I say to only have one or two because too much in credit card credits will also bring done your credit. Don't use them often but say charge dinner on it sometime and then always pay the bill the day it comes, pay all your bills this way. It shows responsiblity on your credit report. And don't look at you credit report more than once a year, it also lower your credit.
643642
Get a secured one. That is one where you have to make a deposit into a special account and then as you use and pay the card you re-establish your credit. It is a lot safer than getting one with a really high interest rate(19-29%) that I might add is compounded daily. Also for good reference, it is better to pay it all off as you charge rather than carrying the balance forward that's how they make all their money on you only paying the minimum due.\nGood luck with improving your credit rating.
39873
Yes you can,there are many co's who will help you out in consolidating all your bills into one.And being a loan officer I like to suggest you that its better to consolidate your bills with you house mortgage if you have one.
898454
A credit card company will solicit customers to open a new account, sometimes at a lower rate than their current card or cards, and offer to transfer the balances from the customer's old cards over to the new card at some reduced rate.  This sounds like a good idea because the customer gets a lower interest rate and the new company gets a new account (usually with a substantial balance).  The trick here also is that it frees up credit on the old cards and tempts people to recharge on those cards which yes, it does give more available credit, but that is not necessarily a good thing.  In this country most of us are bogged down in credit card bills as it is, and the last thing that many of us need is more available credit.  I will get off my soapbox now!  I just think that credit - though necessary and a wonderful thing at times can so easily be abused, usually by the people least able to afford that and you end up paying thousands for absolutely nothing.  Just be wary and careful.
1154578
Consolidating your loans will have no bearing on your credit rating  - as long as you continue to pay on a timely basis.  If you've missed the lower rates over the last several years, act quickly and lock in a good rate if you can.\n\nBy the way, I would recommend if you can get away from Numb Nuts, I mean Nelnet, do so.  They are a big pain to work with.  I have found the Department of Education actually much easiler with Sally Mae a close second.  Good luck.
925051
You have several reasonable options:\n\n1. Go to your bank/credit union/financial institution, and ask if they would be willing to loan you the full amount necessary to consolidate all of your debts into one account.\n\n2. Find a low interest credit card, with a low to no interest introductory rate, and consolidate all of your loans on the one card.\n\nIf your credit rating is not so good, and neither of the two above options can work for you right now, it'd probably be best to continue paying your separate loans in a timely manner, until your rating improves and you have more leverage to get the best loan to ask your creditors to reduce the interest rates tied to your current obligations.\n\nDon't be enticed by these 'debt consolidation' companies.  There are also some great articles on Debt Consolidation Pros/Cons.  Here's an article from bankrate.com: http://www.bankrate.com/yho/news/debt/debtmanageguide/consol-dangers1.asp\n\nI strongly suggest that you visit bankrate.com.  Great useful financial info.
860510
if theres no money owed to them, DO NOT CANCEL THEM but take them out of your wallet or purse and put them in your safe. (if you have a safe and you can get a SMALL one for 30 bucks) HAVING credit cards EVEN if you arent using them looks GOOD on your credit report. I have numerous credit cards with NO money owed to them, sitting in my safe. I keep 1 in my wallet that is still on its 0% APR in case of an emergency. BUt dont cancel them, it will look better to creditors if theyre listed on your crdit report as PAID AS AGREED and it will show your balance available for each card. This will show prospective creditors that you have "money" available to pay off anything that you might "borrow" from them buy applying for a loan or another card. But if you have no cards, they will think youre not as apt to be capable of making payments. Trust me, its like having more than one bank account, creditors LIKE to see that you have accounts at more than one bank for the SAME reason, the better liklihood of you being able to pay your bills.
1007792
if you have alot of credit cards then close a couple... too much credit is just as bad as not enough credit.....      if you only have a few credit cards then keep them open.......  it raises your fico score....
918794
Hello Melissa,\n\nAs the other responders have said, YES, it makes complete sense fo ryou to consolidate!\n\nEspecially being that you have such a large amount of student loan debt...\n\nThe government offers this program to students as a way to teach people a more effective way to manage your debt.. By combining all of the loans into one loan it simplifies your finances..\n\nThink about it, at the end of each month, do you wan tto be sending a9-10 seperate payments to 9-10 seperate lenders, or do you wnat to make one payemtn to one lender???\n\nImagine the checks, stamps, and envelopes you would use in just 1 year if you stayed the way you are..\n\nNot only that but look at the more important issue..\n\nAll loans taken out before July 1st 2006 are variable rates.. In the last few years interest rates have been on the rise... If you dont consolidate into a fixed rate, your rates will rise on all of your loans..\n\nTHIS MEANS YOUR PAYEMTNS RISE AS WELL!!!\n\nBy consolidating you get what is called a weighted average interest rate.. The take an average of your interest rate based on the amount of each loan... More importantly the interest rate is FIXED on the new consolidation loan..\n\nSo, it make s complete sense to consolidate your student loans!!\n\nRemember, the government offers this program FREE OF CHARGE!!!!\n\nMy name is Jason Fry, i am a financial advisor for Student Aid Lending.. We are licensed nationwide and are a title IV lender administered by the Department of Education..\n\nTake a look at my personal yahoo 360 page.. You can find alot of helpful information as well as a direct link to our website...\n\nhttp://360.yahoo.com/my_profile-HlUDUhMib7M9Wlj6o6L2SfGcEYtkt9xsaQ--?cq=1\n\nFeel free to call or email me at any time with questions, or curiousities..\n\nI will take time to answer any and all questions!!\n\nGood Luck!\n\nJason Fry\nStudent Aid Lending\n1-800-964-0642 ext. 114\njasonf@studentaidlending.com
338655
a dept store credit card that was my first one but then I found out I was being ripped off bcuz those have super high interest rates.  it's a good way to establish credit I guess just make a purchase every season and take the rest of the season to pay it off without defaulting it will show you're consistent and reliable.
198468
Whoa whoa whoa!!!  Don't Close Those Cards!!!  If you don't intend to use them just cut them up; shred them; something to keep them out of your reach and not eassily accessible.  Whatever you do don't close the cards. That's a mistake many people make.  By closing the cards you are also eliminating all (that's right ALL) of the history which is associated with the cards: your activity; your prompt payments; your balances; your only proven ability to pay debt over time. In addition, when future (new) creditors are conducting their credit evaluation of you they look at several things: (a) credit history <you'll have none for those cards>; (b) total available credit; (c) total outstanding credit; and (d) the ratio of outstanding credit to available credit. So - if you keep the cards open and include the new loan - if your total available credit is 10,000 and you only have 3,000 outstanding (the new loan to pay off old debt) you have a 30% balance to total debt ratio.  BUT if you close the cards all you have now is the one loan for 3,000 and available credit of 3,000...thus a 100% ratio.  That's not gonna help you.\n\nYou should continue to use one of those cards for "basic essentials" (gas, groceries) and pay it off monthly for the sole purpose of showing your continued ability to pay ongoing revolving debt.\n\nGood luck!