 Which bill should I pay right now? |
| I know they always say to pay off the credit card/loan with the highest interest rate. In my case, if I have $1,100 to spend, should I pay off a loan that has a balance of $600 (7.9% interest) and ... |
|
 Where can I go to see my entire credit history? |
| Is there anywhere on the internet where I can go to find out exactly what debts I have in my name? I'm in the process of trying to fix my credit but I have a few things that I'm not even ... |
|
 How can I get a Visa card? |
| I'm 18 years old, just finished high school and frequently I find myself on the internet wanting to buy cheap things in the $20-50 range, and I was wondering how and if I can get a $500-$1000 ... |
|
 What is a good site to check out your credit score? |
| i was told that i have some debt in collections.. is there anyway to find out how much and from who?... |
|
 I owe $700 to American Express, but I think the account has been sold to a debt collector-who do I pay? |
| Nationwide Credit wants the same amount, they are representing them, I think-I can still access my American Express account online-who do I pay to resolve this matter? Would it make sense to just pay ... |
|
 Can you really claim free gift cards? |
| I get these emails about claiming free gift cards if I participate in some offers. If I participate in the offers, would I really receive the gift card? Has anyone ever gotten one?... |
|
 Is there any credit cards you can get with no credit? |
| My Credit is really bad from long ago. I am trying to pay it off an reestablish credit. Any credit cards i could apply for? Thanks!... |
|
 I had a phone call from my credit card company yesterday...? |
| and they said they have blocked my credit card because they have reason to believe someone has got my details. what does this mean please? has someone stolen my identity? should i change my bank ... |
|
 How long after bankruptcy will I be able to qualify for a home loan? |
| My husband and I are considering filing bankruptcy because of some past credit problems. I am in my last year of college, and I going directly into my master's which will take another two years.... |
|
 Can I get an auto loan with bad credit? |
| Ok, let me tell you my story-I have bad credit but NO DEBT. Before I joined the military, I payed my 2300 worth of debt off. That was about a year ago, maybe 10 months. Anyways, My credit is still ... |
|
 How to shop for mortgages without dings on my credit? |
I want to shop for mortgages for a new house without them needing to run my credit every time since having my credit run negatively impacts my credit (why is that anyway?).
How should I go ... |
|
|  |
chelsea_laforge | Are you supposed to pay your credit card bill in full every time? |
I have heard a few different theories regarding building your credit using a credit card...I have paid off my credit card IN FULL every time the bill is due. Some people tell me that if I just pay more then the minimum payment, but less than the full amount, your credit looks better and builds faster. Other people tell me to pay in full no matter what and if you don't pay in full every month your credit looks really bad.
Any creditors out there that can offer me some advice? |
 |
 
phitzi
|
NO WAY.... Your credit will look the same if you never had a delay.... Also if you apply for a loan and you have an outstanding balance to your credit card your credit ability is going to be somehow decreased. Maybe this think that you've been told is that if you pay your credit card fully then your are not that good of a customer (!) because you do not pay interest... but no way for your credit..... |
|
kit
 |
What if your credit card balance is way too high like owing them $2,356 and you don't bring home that much from your paycheck? How are you going to pay them off in full? The minimum or more then the minimum is better then not paying them at all. |
|
Ara57
|
From a financial standpoint, it is smarter to pay it in full to avoid interest rates. Paying an amount less than the balance does not hurt your credit rating so long as the payment is on time. |
|
joelmeulenberg
 |
Always pay in full. Carrying a balance actually lowers your FICO score. You can read a description of how FICO is calculated in the recent article at: http://www.uthunk.com/
While you're paying in full each month, you might as well earn maximal rewards for your normal spending. To calculate which card (or cards) will pay you the most for your normal spending, you can use this rewards calculator:
http://www.creditcardtuneup.com/ |
|
beauty s
|
Its good to, if not pay the min on time each month |
|
Luke D
 |
Pay the whole thing every month. Your available credit is important to your credit rating. I have over $60,000 available among my 11 credit cards that I rarely use. On the rare occasion I do use one, I pay it off in full.
My FICO is 781. |
|
Mr. God
 |
People who carry balances on the cards are the people who make it where I get to use credit cards for free. So carry a balance.
However, i always pay mine off every month. |
|
pomeranianstudservice
|
Im not a creditor but its better to pay just more than your minimum amount but not the whole thing. Some credit cards have fees they charge you if you pay the whole thing off. Did you know that?
You want your credit report to show that you are using some of the credit you have available. Its a good thing!
So pay maybe 20% of your total balance if the minimum amout due is 15% and never pay the whole balance off, leave maybe $100 unpaid on a $1000 credit line.
Always pay before the due date!!!! You never want to be late on paying your credit card bill. So set it up with your bank to do automatic payments if you are having trouble remembering to pay your bill every single month on time.
If you do these things, in a few months your credit card company will probably raise your credit line and thats really fun! |
|
Garden Gal
 |
The thing is some cards do not give you the option. An example of that would be some American Express Cards. Before you make a partial payment, check the terms of your card. If you can you should always pay it off because it will keep you out of trouble. Always live within your means and use credit card balances for emergencies and unforseen expenses which you pay off a.s.a.p. The stress of paying now will be a lot less then if you try to pay later, believe me. That is how people get in over their heads. |
|
baha_smokey
|
well my bank told me when I get the bill in to pay in full..it's your option..seems to me you are already doing that..keep going...at the end of the day if you keep paying it off in full every month,they will eventually raise your credit limit..that's the whole idea of getting increased limits..AND your credit rating goes up.. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 27 minutes(s) ago
| | | |
10 | 34 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
9 | 3 day(s) ago
| | | |
10 | 6 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
