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Thanks for your question, and thanks for using JustAnswer.com
I think that increasing your credit limit is a smart move.
Hi could you phone me? I don't type very well or fast.
No, we cannot talk on the phone. The site prohibits me from calling customers
Sorry .... I wish I could....
How can I assist you?
my LOC and credit cards are in my name only and my husband does'nt know about it. My son and Daughter- in Law owe this money. If I inquire at the bank are they obligated to inform my husband?
No, they are not required to inform him
I live in a small town and don't feel comfortable discussing this with people who know me well. C an I go to a branch in a neighboring town?
Yes, you should be able to as long as it's the same bank
Yes it is. I'm assuming my credit rating is not good because of this. do I have any other options if they won't increase my LOC?
You could take the $500 per month and pick one account and just aggressively pay it.
You could get a home equity loan, but your husband would ahve to sign it because of the house
ok I am not employed and I pay this from my joint account. would this be a problem and will they ask me for income tax returns or other proof of how I would pay this?
It depends on the bank;. They could ask for this information. If they do, your husband's income should cover it
But if he does'nt know about this how will that work? also if I have been paying this all along without trouble can I just get it on that merit?
They may want more information from him, unfortunately. However, if you have been paying the loan without any trouble that could work in your favor
So I could just wing it and go in and try to get it on my own. if I am denied no one know. then I should just start paying the high interest ones more
That is correct, if you're denied they are not going to contact your husband
so there are no other options? have you heard of people getting their interest rate lowered if they call the company and ask? how successful is this/ or even worth trying?
It is worth trying...some companies do this regularly particularly if you aren't late on your payments and pay the minimum or a little more as well
But, chances are slim that you will find assistance for this
So to end this my best hope is increasing my LOC?
That would be your best case scenario, yes - that way you can pay off those balances in ull
Thank you for your assistance.
You're welcome. Is there anything else that I can assist you with today?
If not, please take a moment to rate my response as "excellent" so that I may receive credit for assisting you today
I guess I just want to confirm that I can go to the bank about this and not have the information disclosed to any one else. also I forgot to ask if I make this request and I am deied or even accepted does it affect my credit rating in a bad way?
No, it should not impact your credit rating. You will get a bump up for paying off credit cards.
And your information should remain private.
Thank you for your Patience ! Of course I will rate you excellent. So sorry for my slow typing!