I was kind of conned into applying for it thinking it was a rewards type of card then realized it was a actual credit card. I figured I needed a credit card to begin building a credit score anyway so I went through with the application. Then I returned the item I purchased (found less expensive somewhere else), never used the card again, and never plan on using it again. Will it affect my credit score if I cancel it or even just let it go without using it?
Yes. Part of the credit score is ratio of debt to credit. Thus, by closing the card, you removed available credit, and that would make the score worse, NOT better.

Example: say you have 2 cards totally 5000 in credit. You have balance of 1000 on one, zero on the other. Your ratio is 20%, or 1:5.

By closing zero-balance card, your ratio is now 40%, or 1:2.5 or 2:5. Suddenly your debt to credit ratio is TWICE as bad.

The ratio is about 30% of your score, so it can be significant. Keep the ratio UNDER 20% is the common advice.
It is better for your credit score to have credit, but no balance. It means you can be responsible with the credit available to you. However, watch the card carefully, because many companies are adding new fees because of the whole credit crunch. Just make sure you pay attention to any mailers they send you.
It depends….

If you have other credit cards and they all have zero balances, then it won't really do much to your credit score because your debt to credit ratio will stay the same.

But, if you have balances on your other credit cards, or this is your only credit card, it will lower your credit score if you cancel the account because your debt to credit ratio will go up.
You should keep it, even if you don't use it. It's good for your FICO score to have more available credit than card balances. Plus, it's good to have a history of credit. If you cancel it, that history disapears. As a bonus, it's nice to have for emergencies.
Yes I would keep it. It could hurt your score to get rid of the card with the zero balance. It shows creditors that you have available credit and that you are responsible.
You can use this credit monitoring service to pre-estimate future scores for different scenarios of such payments - creditreport.imess.net

I have worked as a temp at the same company since Dec of 08 and the assignment ends on Tuesday. There is a new job at the same company for the same agency starting November 9th. Would I be able to draw unemployment? Also this new job will only be three months long. Can I file after that? I live in Kansas.
You can apply. However, it would depend on what the temp agency says when they respond. If they have short term work for you, you would have to take it.
I believe you can. The best answer comes from the government. If you have enough continuous employment for the required time to qualify. Yes everytime you are out of work check with them and always let them know when you go back to work. You dont want to over draw your benefits and owe them. They get real nasty about that. They may even impose a penalty even though its a mistake. So if you going back let them know before you do that first day what day you start back.
Hi,
No tension, be a boss by yourself.
I have a golden opening and opportunity for U. Trust me and succeed in your entire life, a friend in need is a friend indeed. Here u can earn a lot of dollars only by sitting at your own home. There is no age restriction. Just visit with full confidence. http://earndollars.bestbiznuss4u.com
Keep using. Answers.yahoo.com
YES
if you meet all the criteria job loss is just one small part of the equation.

The principal balance I owe on my cc is a little under $2800. Now, with interest added since 2007 when I last made payments, the balance is up to almost $4700. I was told by the creditor's attorney that if this is taken out to court, total amount I owe would be up to almost $7000. Could it possibly to be that high? Do you think I can ask the judge to let me make monthly payments for just the principal balance I owe? If they want the amount in full, what could I do? I barely make enough for rent.
No creditor/collection agency can garnish wages until they've served you a summons, taken you to court and won a judgement. The amount of garnishment varies from state to state. The federal maximum is 25%.

Wages cannot be garnished for credit card debt in these states: PA, TX, NC, SC and Florida (head of household).

Are you sure you're "really" speaking with an attorney. Debt collectors will often pretend that they are (or work for) attorneys to scare you into paying. If you have any doubts, ask for their alleged attorney’s full name and license # in the state bar association, then call your state bar association to verify the attorney's information. If they refuse to give this info to you, then the legal threat is bogus….
————–
Offer 20% and go from there:
- Get all terms of any settlement deal you reach with debt collectors IN WRITING BEFORE you give them your money. This letter should state the settlement amount and that the account will be settled/paid in full upon receipt of this amount from you. Never accept settlement deals over the phone that are not backed up in written terms. If you don’t, the debt collectors will deny that any settlement was ever made once they get your “settlement” money and will come back demanding more money from you.
- NEVER give out your checking account/bank routing numbers to debt collectors for making electronic debit payments.
-Paying back a charge-off won’t fix your credit rating. The charge-off notation will stay for 7 years…even if you settle or pay the entire amount back in full
I think they are BSing you. att. fees wouldnt be that high. forget the guy who says they wouldnt sue.
they can and do. ive been sued for less.
if it goes to court ask to see a breakdown of how they made up the amount they are suing for.
ive heard that in some states collectors cannot charge interest after chargoff.
make sure you show up. they base garnishment on ability to pay
take your paystubs and billing statements. everything you got.
if a garnishment puts you close to poverty level maybe the judge wont grant it.
Some people never show up for court, in that case they get a default judgement of up to 25% of your wages.
Don't make that mistake.
Show up for court.
Take a spreadsheet of what you bring in and subtract all your monthly expenses.
Also take backup (the bills) for as much as is listed.
Be prepared, neat, organized, and….
Plead, plead for 10% garnishment.
/
It will never go to court, that is a scare tactic. It would cost them more in attorney fees, than what you owe to get your account to go to court. They are after larger balances than yours.
Next time be responsible with you card or just don't have a card.

I wan't to move to another city and my apartment lease requires my landlord's consent to a sublease. I tried offering them an early termination payment, but they want more than the total of my remaining rents, which makes no sense. Can I sublease without their knowledge and just add the subtenant as an "occupant" like a roommate?
Why not just find a tenant(s) acceptable to your landlord?
You have to read your lease. If the lease requires approval from the landlord for someone else to move in, then you'd be violating your lease if you try to pull something like this.

Generally, if you just move away you can be held liable to continue paying rent, but only until a new tenant takes occupancy. Also, the landlord must make all reasonable attempts to mitigate the loss by advertising and showing the apartment. He cannot just let it sit empty while he collects rent from you. Generally your best option is to advertise the place yourself. Bring potential tenants in and show them the unit, then if they're interested put them in touch with the landlord. If your landlord is refusing to talk to potential tenants you bring him, you may have a valid case to get out of your liability for the rest of the rent because no court will believe he's making an effort to find a tenant if he's turning away tenants you bring him. Of course, they have to be qualified tenants who can actually pass standard background and credit checks.
You can but you should look at what your lease has to say first then look at what your local landlord tenant laws say. Depending on your lease and how long you have been in the apartment the wording may allow you to do this. If your lease doesn't say it needs approval for a roommate then as long as you are making the payments you usually are fine. If there is an issue with the apartment you should be the one making the initial contact. This can get touchy but can be done in many instances where you can't get them to budge. The other fall back you have after you review the landlord tenant laws is to have an attorney review your lease to see if there are any other options. Hope this helps. Good luck
You can't sublease without their permission. But they aren't allowed to charge you more than rent for the months for which they can't find a tenant. So if the person who you want to sublease to is willing to rent from them, they can't legally charge you more than a month's rent.
Check your lease and see what the move out agreement is since your breaking your lease. I've never heard of charging someone more than the remaining months in your lease. And if i was you i wouldnt sublease to someone else. Because you are held responsible for and damages, complaints ect.
NO! They do not have to let you sublet! Subletting without owner approval is ILLEGAL! You can get sued.

They do not have to let you out of your lease either. it is a legally binding agreement and you MUST pay the consequences for breaking it.
unless stated in the lease that you can sublet the apt, you are out of luck.
no. your lease will not allow that.
Yes you could sub rent the place with out telling the landlord. However understand that YOU are responsible for any damage that the subleasor does to the unit.

This could end very bad.

beans and cabbage, and I know two friends eating them daily at university days
If you use Ginger you can degas beans cabbage can cause alot of gas too. Report Abuse

I wasn't too sure because I am currently claiming 0 on my paychecks but when I file taxes I claim my daughter. Am I supposed to have 1 on my paychecks? Will I get in trouble for havign 0 on my paychecks but 1 on my taxes. My daughter's father is claiming 1 on his pay checks but when he files she is on my taxes. So I was just wondering if I was supposed to switch my paycheck to 1 or keep it at 0. Thanks
What you claim for withholding purposes has nothing to do with how you will file your return.

Assuming that your daughter will be under age 17 as of the end of the year you can claim 3 allowances for her. This will result in more money in your paychecks and a smaller refund at filing time. If you're like most parents, having more money on payday was more important that a big refund at tax time.

There's no penalty in having too much money withheld from your pay, aside of course from having to wait a year or more for YOUR money!
The W-4 is an estimate, so the only issue is how much money is withheld.

When you file, the tax return is reality,

Take the numbers you expect to make for the year and use the IRS's withholding calculator to get a better number for the w-4 for the rest of the year.
One doesn't depend on the other.

If you legally claim your daughter on your April 15 return, then the only thing that claiming 0 on your paychecks will do is increase your chances of getting a refund.
You're OK, you are just having more withheld than you need to. You'll get the extra back as a refund when you file.

How long must I allow the debtor before paying the court fee and starting the official proceedings?

Also, if I've paid the court fee and the debtor pays the debt before the case is heard, do I still have recourse to them for the court fee?
Its all vague , you must remember that even if you win your case then the court can only make the payee repay any monies at a rate that they can afford.
If they have the means to repay you but simply refuse to, then start court action asap, however if they intend to repay you but do not have the funds then a court will not be able to make them pay what they do not have.
Its all a matter of what is reasonable and that depends on how much money you are talking about and the financial status of the debtor.
Even if they can not pay you in full they should start to make payment by instalments.

If you start court action and they then pay up, you can add your costs to date to the total bill, and if they refuse to pay for your costs then simply proceed with the court action and claim your expenses through the courts.
It depends on the term of your loan agreement. If you had in your loan agreement that the borrower was responsible for court costs, then sure.

As far as timing goes, you can file as soon as they are one day late with payment if you think they might not pay at all. I would start with a reminder phone call, then if they don't pay within 3 days, a letter, and if they don't pay a week after that, go to court.

Sorry I am a newbie in investing
You can sell anytime while the market is OPEN. There isn't always a buyer whenever someone sells it. If that was true, no stocks would go up or down. More buying makes stocks go up. More selling makes stocks go down.

First, take 6 months in learning about stocks and trying it out with fake money in a stimulation web site like Yahoo! Finance.

www.finance.yahoo.com

The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody's got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.

That's the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won't lose money. It's just that these stocks are the best. They pay good dividends too.

If you're new to stocks, DON'T DAY TRADE. You'll a rookie in a world of professionals. I tried day-trading with Citigroup and AIG when they were a little bit over $1. I had some luck at first, making about $30 a day but I was way over my head. My luck didn't last long and I had to rethink my strategy.

Besides you can't do much with $100 in the market. Day trading involves A LOT of commissions to the broker. With all the commissions deducted from each trade, you'll be lucky if you only lose half your money.

I would just day trade using Yahoo! Finance. Open a stimulation account, give yourself $100 worth of fake money and play it in the stimulation format. You'll see what I mean by losing money every easily.

Good luck.
1. yes, you can. It's up to you when you want to sell.
2. depends on the stock and the price.
I actually asked this exact same question and got some informative replies

http://answers.yahoo.com/question/index;…
Yes you can sell at any time you like if you are satisfy with the current ask price. It's called selling at market price.

If I win an auction on ebay , lets a car and the last price a bit was really low do they have to sell it to me or can they just change their mind ?
yes unless they have a reserve on it that was not met when time expires it yours
It's yours!
Be glad you got a great deal!

Once a buyer puts an Item up for auction they cannot back out.
It's part of the contract you consent to when you put an item up for auction.
{The contract swings both ways though, if you win, you have to pay for it.}
But as long as you were the highest bidder, what ever the item was is yours.
Beware though, sometimes if the item is really valuable it can "Get Lost in the Mail". (Things can get lost in the mail but it RARELY happens) So if you pay for an Item and it never arrives, makes sure to contact Ebay immediately and report the user.
The easiest way to tell if the user is safe is by their feedback.

Hope this helps!
They should sell the vehicle to you so long as you met the rules of the auction (no reserve specified, you me the buyer quality guidelines they set) and submit your payment on time.

Are they required to sell it to you? No. They can elect not to but you would be able to post negative feedback that they reneged on the terms of the auction.
Yes, unless there was a reserve price. You need to try to resolve the problem though email. If unsuccessful after many attempts leave negative feedback, and follow up feedback. Check out the link, completing the sale.
NOT UNLESS THEY HAVE A RESERVE OR BIN (BUY IT NOW) THEY HAVE TO SELL WHATEVER PRICE IT ENDS. IF THEY SAY IT WAS BROKEN, TELL THEM TO SEND YOU THE BROKEN PARTS AS IT IS YOURS. SUE THEM IF YOU HAVE TO. LOOK, IF IT WAS A CAR THAT YOU OVERPAID BY SEVERAL THOUSAND DOLLARS I BET THEY WOULD WANT THEIR MONEY. THEY LOST, YOU WON. SEND THE MONEY AND GET YOUR ITEM. GET EBAY INVOLVED AND PAYPAL IF YOU MUST.

income. What if you are married and she does not get social security can we split the income from it I do not want to go over the 14,000 and change if I do they said I will lose my benifits where do I go to get more information on this……..
If you are receiving Social Security retirement benefits, you do not report rental income unless you are a real estate agent and have many rentals as a business.

You only report wages from employment and net self-employment income.
NO! The answer you chose was WRONG!!!! NOT us!!! Report Abuse
Being a landlord IS being self-employed. That lady does not know what she is talking about Report Abuse
You must report ALL income. It does not matter if you get SS or not, you still must report it. If you do not then you could get in big trouble with the IRS & SS!

You cannot skirt around the rules. If you are legitimately make more than $14,000 then you need to bite the bullet and lose your benefits. They make these rules for a reason.
Your rent is income, you can not just report part, that would be fraud.

If you are over the limit you are simply over the limit and do not qualify.

You do not want to mess with them by committing fraud to obtain benefits you are not entitled to.