Business Q&A

My bank is Washington Mutual (WaMu) and was wondering if as long as I sign the back of the pay check if I could just deposit through ATM without the hassle of going in and waiting in line.
answer from chinatrade114.com small business QA
Sure you can, however depending on what your holds are (if any) you […]

Hi all!
I have read that you can only improve your credit rating if you have a credit card.
Unfortuately I have a poor score and would like to know if you can actually build up to an good score without the need for a credit card.. Also how long approximately would it take to build […]

okay my husband has a truck which he doesnt want anymore it eats a lot of gas! so the more money. he wants to lease another car that doesnt eat so much gas and turn in his truck and simply tell the dealer he cannot afford the truck anymore. we want to know how bad […]

I recently signed up for a Macy%26#039;s card this day but didn%26#039;t use it at all. The store clerk told me that it wasn%26#039;t a credit card and that I%26#039;d have to call, but after reading the information I realized that there were no %26quot;regular%26quot; store cards (for free benefits and such). She told me […]

What happens to loans when the bank closes or goes out of business. For instance I had over 5000 in credit that I owed COMP-USA. When they closed that was written off.
answer from chinatrade114.com small business QA
Federal Deposit Insurance and Central Bank will designate collection office as a part of receivership program to help […]

There is one credit card from a bank and others from stores that I%26#039;ve never been in! These stores will not give me any information on the paperwork filled out to obtain the credit card, where the credit card was sent to or even the store location that they went to. I%26#039;ve contacted customer service, […]

im trying to buy a car, and my credit score is a 596. Between bank loans and the dealerships i have had my credit ran 4 times, that i know of! The car im getting is 22,000 and i know my intrest rate is gonna be through the roof! I only have one […]

Just the act of taking out a car loan (i.e. a new debt showing up on your credit report)… does it do anything to your score?
answer from chinatrade114.com small business QA
As you can imagine, it depends on the other factors in the credit report. As a general rule, it will probably decrease the score […]

I know that when a creditor pulls a credit report its called a %26quot;hard inquiry%26quot; and that many hard inquiries lower one%26#039;s credit score. But what if you ask for a credit line increase with an existing account?
answer from chinatrade114.com small business QA
Yes, is handled as an inquiry, the company checks your credit again upon […]

i know that it was the wrong thing to do but have no family to help me…i need to get out of these things and my credit sucks. been paying my bills when due but have alot of inquiries on it..where can i get a small loan to take care of these things? i%26#039;ve tried […]