I mean, I understand the concept of building credit and everything, but what is the point of student credit cards? What is the purpose? I’m sorry if this is a silly question, but I don’t really get it. And can you trade them in after you’re no longer a student for a “real” credit card? [...]
I have a friend who constantly borrows money from me. He doesn’t manage his money well, but he’s gotten alot better over the year. However his credit is bad. He owes Student loans, and has a couple of collection agencies after him for some small payments (about $200-$2,000 between the 3 or 4 old “bills”) [...]
I have two credit cards with debt of 7,000 with both cards combined. Is there a way that I can combine those credit cards and lower the payment and pay them in one lump sum? I just want to get rid of these cards so I can move on with my financial growth.
Getting a debt consolidation loan, even if you could find one which isn’t real likely, won’t really fix your credit – you will have just exchanged one debt for another. Wouldn’t be fixed until that loan was paid off, as scheduled.
We are traveling from the United States and want to be prepared. Are credit cards accepted at most restaurants? Shops? Hotels?