What is the best credit card to open for establishing credit?

Posts Tagged ‘6 years’

What is the best credit card to open for establishing credit?

By Author on Monday, December 6th, 2010 | 7 Comments

I’m a college student and have no established credit. I’ve had a debit card for about 6 years, but I’d like to open a credit card to start building credit. I’ve researched MTV and Citi bank Visas, Discover, and American Express, but am still not sure what the best option would be. I plan to [...]

How is a credit card considered a written contract instead of an open account?

By Author on Tuesday, November 23rd, 2010 | 2 Comments

I am being sued by a collection agency for an old (over 3 years) Visa credit card debt. I live in Alabama and the Statue of Limitations on Open Accounts is 3 years. I hired an attorney but he says that I probably will have to settle because it is not an open account but [...]

Is credit card debt considered an open account or a written contract?

By Author on Wednesday, November 17th, 2010 | 3 Comments

I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written contract in the [...]