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Got a quick question: What is the difference between APR and posted rates? It is related to housing Lending Tree mortgages Hoping for any comment. Another quick question... Im cleaning up my reports to get a Lending Tree mortgage Lending Tree loan in one year. I disputed with Belk's (a dept store) they were showing a paid charge off. I wrote them and disputed that it was my account. I received back from them a letter stating that the late history was verified to be correct (no proof) and they sent a copy of an application filled out by me from July of 96.



Also, I filed bk 7 in October of 2001 and it was discharged one year ago. I have gotten three credit cards since then to rebuild credit, they all three have fees. One a yearly fee and two others a $6 monthly fee. I have used them all three to their max ($3000$350) and will be paying them off in full this month. I really wish to Not pay that $6 fee on those two. Should I ask First Premier to drop the particiapation fee on those two cards or just cancell them all together? How will it effect my scores to cancell now?? Please advise!.

Thanks.

Stacey..

asked Feb 28 at 12:04

Jimena
's gravatar image

Jimena
23


That's a good question. I'm not sure what is the answer to your question. I'll do some poking around and get back to you if I discover an useful answer. You should email the people at Lending Tree as they probably could assist you..

answered Feb 28 at 12:56

Philip's gravatar image

Philip
1546

Thanks so much for your advice LKH!! I also checked our your credit board! Looks like some great info there too!!.

Stace..

answered Feb 28 at 13:02

Jamari's gravatar image

Jamari
2852

Opening and then closing a fairly new acct. will/might hurt your scores..

===================================================.

How does doing this translate in to a dead beat that don't pay their bills...

answered Feb 28 at 14:01

Marissa
's gravatar image

Marissa
2788

It doesn't mean you won't pay your bills. It just means you don't have much history of paying on time. Also, when a creditor sees you open and then close accounts within a short time, it means you won't be a profitable customer...

answered Feb 28 at 15:05

Alexa
's gravatar image

Alexa
1303

This is my history with First Premier..

I requested a card/opened an account. Before I even got the card, I changed my mind and closed the account and forfeited my app fee ($39 if I remember right). When the card arrived I cut it up and reverified that the account was closed. Yes it was so I forgot about it until I pulled a report in 02..

Here's how it showed/still shows on my report: $250 limit, $0 balance, current/closed by consumer with at least a year's history of current payments. For some reason it shows opened in 98 and closed in 00..

WOOHOO!! I have no clue why but I am not messing with it. I'll take the free bump any day..

Not that I can say it wasn't a fluke and try it. I can't. But perhaps closing the account might not be as bad as you think. I wasn't thinking Lending Tree credit score at the time. I was thinking "Good God!!! What have I done??? I'll max that card in no time!!! How will I pay for it???? AHHH!!!".

Not that my blathering post has helped much.... :+).

Good luck to you!..

answered Feb 28 at 16:12

Brenden's gravatar image

Brenden
3409

1*It doesn't mean you won't pay your bills..

2*It just means you don't have much history of paying on time..

3*Also, when a creditor sees you open and then close accounts within a short time, it means you won't be a profitable customer..

_________________.

4*-*The Answer is 42!!.

Hedwig.

======================.

3* Exactly why scoring has nothing to do with credit worthiness..

4*How do you know it is?.

The END ************************* LB 59..

answered Feb 28 at 17:06

Jimmy's gravatar image

Jimmy
236

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