I hv zero credit, opened a Verizon Cell Phone account with deposit. If i dont pay how does it affect my credit
816391
If it's in your name and she doesn't pay, it will affect your credit negatively.
1140293
If you have poor credit (or no credit), having a co-signer does increase the changes of a loan being granted.  \n\nNOTE:  The if your credit is very poor (or if you do not have any), the co-signer will be the primary account holder and holds all the liability if you fail to meet the obligations of the loan.  If you are late for any payments, it reflects on your co-signer as well...
888638
It shouldn't affect it as long as you are shown as being "current" on the card payments. Credit reports and ratings are more to point out high risk people rather than keep tabs on whether a card is active or not.
988878
Ok, I would have to know your exact credit situation to answer this.  First, get all three credit reports AND scores and see exactly what is on there.  Also, challenge everything.  You can dispute EVERYTHING on it, even if you owe T-mobile $2000, they have to respond to the credit agency by a certain time frame when you dispute it, if they don't, it disappears.  This might take a couple months, but go for it asap.  I got 3 things knocked off every one of my credit reports this way.  My score went up so high in 6 months I was able to buy a house.  \n\nAt the same time, pile up all of your bills and first make a copy or write down the addresses and your account numbers so you can start sending in payments (don't worry, even if you send $1 a month to someone they can't report you as late or send you to a collection agency).  The reason you need a copy is that some won't send you a new bill once you made your first payment, so then you are waiting for that bill to come while they aren't sending it so they can charge you more fees.  Start sending each of them either the minimum payment each month (for credit cards still open)  or $1 each month (for collection agencies and closed credit cards).   These are the first 2 steps for you turning your life around.\n\nAfter you've done that and you're sure you can get some lump sum of money to pay your bills off start negotiations, don't settle for anything more than 60% of your money owed to collection agencies, start at 40% though, they should counter with something and you guys can go back and forth.  \n\nThen only use what you need to pay EVERYTHING off.  Now, DO NOT use money to pay your bills only to have to pay a ridiculous interest rate though.  Make sure you can pay that consolidated loan back before you get it.  \n\nThe only other step is to not ever miss another payment on anything, 5 years later, things will look a lot better, 7 years later, things will look perfect.
630132
maybe they sent it to your bank .  some companies do that ,  as you will have to sign a credit agreement.
978354
Your credit score won't be affected unless you make late payments.  You're okay.\n\nGood Luck!
458963
If you dial zero for an operator, tell them you're having trouble placing a call, and give them the number; they will place the call for you free of charge.\n\nIf you ask them to look up a number, they will refer you to information and you will have to pay.
949223
Paying off the card will not clear the negative data from your credit. It will change to show 'paid off' but the missed monthly payments and collection activity will remain reflected on the report and affect your overall credit score. Unless...you are able to make a deal with the card company for a full immediate payoff if they agree to ask the info be removed from your credit report (and get it in writing first). If you need something immediately, it makes no difference anyway. Even if you can make a deal with the card company, it will be 3-6 months before your report is cleared. Myabe you take the high interest loan now and re-finance later?
383094
No there isn't but i work for cell phone company, and i have really bad credit myself, before i worked here i had a cingular GO PHONE. and now that i have work for about every cell phone company, i can say honestly that the Cingular GO PHONE is the best thing out there for the credit challenged. You just need a bank account or credit card. Trust me it the best thing going.
498013
While it will negatively affect your credit it is better than having a charge off or a bankruptcy.  One thing you can do is to pay extra, so that you get out of the program faster.  Once you have completed the payment plan, you should use a credit card with a good history once a month and pay the balance off.  This will show a good use of credit.
212790
It depends on what you mean as NO credit.  If you mean that you have bad credit, it can mean bad news (but not always).  If you mean that you are young and have no credit history you will be fine as long as you can either 1) show that you have income like check stubs or 2)if you have someone like a parent giving you the cash to pay for the rent have them cosign.
526986
How soon will it be cahrged off? Your credit is already affected so it won't hurt it any more if your credit is bad already. Secondly, make CERTAIN it's your bill and call the company to ask for verifacation that this is a legit bill. Even if you know it is. Why? Because most companies don't really keep good records for the long haul and they maybe can't produce your bill. Thus, you're off the hook.\n\nThen again, BEFORE you make arraingements understand that once you inquire on the bill that you're opening up the credit hounds to pursue you until payment is recieved. \n\nI appluaude you for wanting to clean it up. Just understand what it is, how much to pay it off in a lump payment and don't over commit to something you can't afford as far as payments.
179729
Some Info:\n\nWhen an account is placed with a collection agency, they report it to you credit (yes, I know, you know that) but when you pay that account it doesn't come off you credit report. It simply gets marked as paid. it also shows how long it took for you to pay the account. \n\nOther factors also include the number of accounts, the frequency bad debts are reported to credit (i.e. how often you have a debt go to a collection agency)\n\nThese all factor in to how much your credit rating will decrease overall. A collection account on you record isn't good. But  haveing only one that is paid quickly will look much better than several or one unpaid. Most often times if someone looks at your report and you have 1 collection on there that was paid within 45 days of reporting, They will let it slide and it won't affect things very much They figure it was a miss communication. One account pd isnt that bad and so long its pd quickly and there is only one you will see very little change in you credit score longterm.
701135
I went through Kimberly Credit.  Do a search for their website.  They were reputable, and all of my bills were paid ontime.  Keep in mind, there are a few things you should know about credit counciling agencies.  (non-profit)  \n\n1. They still charge you a monthly fee. (which is included in your payment)\n2.  The first months payment they keep, until you make the second month. (this can put a bad mark on your credit for missing 30 days)\n3. There will be a note on each of your accounts stating "this account is being managed by a credit counciling agency" on your credit report. (This can impact getting credit while your using them and 6 months after you stop)\n4. All of your accounts will be cancel if they are being managed by a credit counciling agency.\n\nThe only possitive outcomes were:\n\n1. The interest rates were lowered.\n2. The bills were paid off in a certain time frame.\n3. I could cancel with them any time. (however, your accounts will remain closed!)
1133903
I would not worry about it.  All a credit score does is say how in debt you are.  People with good credit scores are just as bad off as people with bad scores.  My goal is to have no record on file, this will mean that I wont owe anyone.
653128
If they dont report the information to the credit bureaus it does not affect your credit.  Going 7 dollars over does not effect your credit if paid within the 30 day period
464473
They probably check your credit to make sure that you're not late all the time or something similar.  Your annual income is probably one of the biggest factors assuming that you don't have a spotty credit history.