How long can America run a credit card debit before she goes bankrupt and into a Depression?
547569
I beleive a lot of americans are already at the end of there credit and falling into depression now.
73043
the national average is 625 so with about 6 months or so of paying credit cards on time you will be closer to that.  Don't apply for credit anywhere and try to pay more than the minimum on your credit cards.
66979
To me, all the points and miles business is a hook to lure you into buying and paying for something else or buying something you do not need or weant.  I would look for the lowest possible rate, no annual fee, best grace period, lowest default rates, and a card that has a customer service department based in the US that  speaks English.  I have actually cancelled cards because their customer service centers were in India or Panama and could not understand a word they were saying.  Also, check to see that the interest rate is not computed over TWO billing periods (this can cause you to incur a finance charge even if your balance is zero) Bear in mind that no matter what the terms are you can get, these credit card agreements are one-sided affairs that the card issuer can change at the drop of a hat. So you might think you have one deal one minute and turn around and BAM! all of a sudden the rate is 42%.
710063
Yeah, but they could consider it late regardless.\n\nSome companies have a 3 or 5 day grace period, though.  It should be on your bill.\n\nIf you're unsure, and you REALLY don't want it to be late (even by one day), call your credit card company and see if they have any immediate payment options.  Mine allows automatic bank drafts and also has a western union address, so we can run up to walmart, kroger, or any other place that does western union and pay it, and it posts immediately.
138417
All your accounts stay on for a min of 7 years and some stay for 10 years.  Including the fact that you claimed bankrupcy.  \n\ngood luck to you.  Try to say out of debt this time around.
890381
She's a shopaholic...  It' doesn't matter how much debt you're in, she'll spend and spend and spend, if not cash, it's debit, credit, line of credit, application for store card, this that and the other thing.\nYou need counseling before you lose your house!
866596
Pay credit cards last.  Pay meds right after foods.
656864
No you can't do that. Your account may be closed.  This is fraudulent activity.  \n\nThe bank would likely reduce your access to funds to zero, meaning that in the future anything you deposit to your bank account would be held for 3-5 business days, your card would likely be cancelled and your account may be closed.
1042747
Call my friend Gary Coleman over at 800 Cash Call.  He'll put $10,000.00 in your checking account in less than 24 hours.  Payments???  About $200.00 a month.  Even you could afford that!  Make the call, get the cash.... tell the credit card people to take a hike, you have money!
44997
I think it's seven years, but you would be suprized that most credit card companies will give you credit amediately knowing that you have no more debt!
336244
Debit cards and credi cards are differnt. Credit cards allow you to buy something now, pay for it later. Debit cards take it directly out of your account. (Like a check) Also, she may have had her parent's sign for her to get it. I'll give you some advice: Don't get a credit card this early in life. Wait until you have a wonderful job and a lot of financial smarts.
32518
Why ?  Do you not have cash ?  Do you want to have debt ?\n\nStop using your credit cards.\n\n \n\n“People change their lives only when they say, ‘I’ve had it!’” – Les Brown\n\n \n\nThink you can’t exist in the 21st century without credit?  Do you have at least one credit card?  Did you sign up just for the bonus miles or cash back?  Sounds like it’s time for you to perform a plasectomy.  (That’s what Dave calls cutting up your credit card.)  You’ve heard all the lies, now here are a few facts about credit.\n\n \n\nMyth: No on can live without credit cards.\n\nFact: Actually, 24% of American households are getting by just fine without any type of credit according to a Federal Reserve survey of consumer finances.  Try using your debit card or cash instead.  If millions of Americans can live without credit, so can you!\n\n \n\nMyth: Credit cards help me get airline miles, cash back and other discounts.\n\nFact: Yeah, credit cards also help you get into debt.  Consumer Reports say that only 25% of airline miles are ever redeemed – and credit card companies know it.  Earning a few airline miles is not worth thousands of dollars in debt.  \n\n \n\nMyth: I can just pay off the balance at the end of every month.\n\nFact: You’ll be in the minority.  According to CardWeb.com, only 40% of credit card users pay off their balance when they receive the bill.  Plus, overspending is inevitable when you use a credit card.  It’s just easier to swipe a piece of plastic than it is to flash the cash.\n\n \n\nMyth: “Ninety days same as cash” is the smart way to buy.\n\nFact: “Ninety days same as cash” is a scam.  Retailers know that most consumers won’t pay their balance in 90 days, which means you get stuck with outrageous interest rates and back charges to boot.\n\n \n\nMyth: I’m required to have a credit card to buy a house.\n\nFact: Several quality mortgage companies provide underwriting which allows you to purchase a home without a credit card.  If your mortgage lender requires a credit card for your home loan, run – don’t walk – to a lender who will actually help you achieve freedom from credit.
192988
You need a bank account or credit/debit card.
640634
Depends on the bankruptcy.  When my sister filed, her attorney left out her Sears card, only because she didn't want to have to reopen it later on.  Also, you can apply for a card after the bankruptcy is filed.  Your best option would be to wait about 1 year, then apply.  If you apply sooner, the credit card companies will deny your application.  The best cards are the prepaid ones. You put money on them & use them like a real Visa or MasterCard.  I have a pre-paid MasterCard that I keep a certain amount on for emergencies.  Yes, I get charged $1 for using it.  It's worth it in the long run.  The source below is a great pre-paid card for repairing your credit too.  You can buy the pre-paid card for $10 at Rite Aid drugstores.  Also, Ace Check cashing locations have a pre-paid Visa & Mastercard. That's the one I started out with.  I have the greendot one now & use it monthly.  At the end of one year, they'll send a report to the credit bureaus that I've been using their card & paying my bill on time.  It helps repair your bad credit.
174698
None of them.\n\nYou do not need a credit card for ANY reason.  Not even for a home loan.  Home loans can be underwritten.  See a good mortgage broker and they can do it without a credit rating.\n\nIf your heart is set on obtaining one, become a member of a local credit union.  They tend to have the best, basic forms of credit cards.  If you go this route, DO NOT set your credit limit above $500.  Why?  Temptation, procrastination, etc.  Things happen.  \n\n\nI recommend using CASH.  Debit Cards too.  There is virtually NOTHING that you can buy without a DEBIT CARD.  The protections that consumers have with CREDIT CARDS also applies to DEBIT CARDS.  It's Federal law.\n\nI have 2 credit cards.  I don't use them.  I am letting one expire on purpose... lack of use.\n\nI will keep one because I travel extensively, and since I wear out my debit card quite regularly, I do need one.  \n\nI am debt-free, except for my house and my wife's car.  It's a great way to live and be wealthy.
318488
Max out the credit cards and file for divorce before she does.\n\nOops, it is probably already too late for that!
724436
Im afraid you are basically out of luck, unless you go to a check cashing place, actually you can go to two of them and then get up to your ears in quickie debt.