How can you repair your credit without a job or money? Why do banks charge 29.9%

  1. profile image51
    spharrodposted 8 years ago

    How can you repair your credit without a job or money? Why do banks charge 29.9% interest rates?

    The same bank calls me 2-3 times a day.  If I could buy that bank I would and fire most of the people that are so nasty.  Did you know that most Credit Card companies have people calling from other countries and they are US banks?  Trying the Consolidated and debt management groups seem to take just as much money and more time than just trying to get a loan to pay off debt to get a lower interest rate.  Unemployment is considered unsecure.

  2. pendell2 profile image61
    pendell2posted 8 years ago

    1. Paying one's bills repairs credit. This is difficult to do with no job.

    2. They charge what they can. Today a large bank said that they won't get back one eighth of everthing their customers have charged. Someone is going to have to make that up, and that someone is present and future cardholders.

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