Consumer Finance Center – financing

StephenWeinstein asked: The computer says:
“Why Is My Score 828?
1. The time since your most recent account opening is very recent
Research shows that consumers who have recently opened new credit accounts are slightly more likely to miss payments than those who have not. This is not an especially strong risk factor, and therefore usually [...]

dankman asked: I used a credit card for a purchase because I feared I would run into some shady issues with the business I was dealing with and wanted the extra consumer protection that comes with using my card. They ran my card through a reader, printed a receipt that I signed and, everything [...]

Ron C asked: i am 23 years old and am wanting to basically be able to buy a 2nd motorcycle but have some small consumer debt (3200) and a current auto loan (2900) and want to be able to finance the new bike, bundle the current loan into it and pay off my credit cards [...]

Name D asked: I can’t find a website that talks about the history of credit in USA. I need enough information to write a 2-page paper.
Information like this book would be nice. (to poor to buy) Its not at my local library either ):
http://www.amazon.com/Financing-American-Dream-Cultural-Consumer/dp/0691074550Rachel

daddeo01905 asked: The car financing comapny called Mitsubishi Motor Credit, doesn’t seem to be a very well run company and is not consumer friendly. This is based on my own personal bad experiences with the company.Geraldine

Edward Jamison asked: Over the last several months we’ve seen our economy take a severe beating. It started with the mortgage meltdown and is now seeping its way through Wall Street, the stock market and straight toward the credit card issuers. There are also signs that this trend is trickling down and now beginning to [...]

Michael T asked: http://www.consumeraffairs.com/finance/cashcall.html
They advertise 99% APR for people with excellent credit but who with excellent credit would use Cash Call? So they typically charge 400% APR or more.Louise

shade_in_freud asked: I’m trying to help my aunt who got a notice in her visa card state-ment from chase, that said there’d be a new way of figuring her finance/interest & minimim payments, coming up. She called them for infor. on what this would mean for her so she could plan for any increase but [...]

Otonita asked: I’ve had this credit card for 10 years now and it’s at 28% APR!! It has a balance of $5,000 right now and I’m desperate to pay it off and get out of debt. I’m paying almost $200 a month in finance charges alone – so what do I do? [...]

trotwood15 asked: Ian Cole
Chapter 26 Vocabulary
1)Credit Beareu-An agency that collects information about you or other credit consumer.
2) Credit Limit-The maximum amount you can spend or charge on a credit card.
3) Cosigner-Someone who signs a piece of paper for you to get a credit card.
4) Down Payment- Portion of the total cost that must be paid [...]