Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Credit
Finance Discussion Forum

 Is it BAD to pay my credit cards off in one lump sum??
I was told that it could be bad for your credit score to pay off your credit cards all at once - Is this true? If so, how BAD could it hurt my score & for how long?

I am about $15K in ...


 How is American Express different from Visa or Mastercard?
I'm considering switching from Visa to American Express, because they are offering me a much better APR. I'm wondering if it's worth the switch. I'm slightly confused on the ...


 How long if i sell something on ebay and person pays by paypal does it take for that payment too go into my ac

Additional Details
sold item on 12/10 and money not received in account yet?????...


 I gots a question to axe .. why come I losin my house?
honey .. tell your momma I needs to move in wit her. Da bank comin to kicks me outta my house. I gots so many bills, who gonna pay my automobills ! I mean SHOEZ

I be goin to walmark to ...


 HELP ME PLEASE ? Its Urgent?
I have a credit card dispute with icici bank india .On the same hand i also have a saving account with icici bank. the bank has withdraw money from my account without taking any authorization from me ...


 When is the right time to give control of my salary/credit cards etc. to a woman?
...


 Car reposessed today after just recieving notice of delinquency yesterday. How do I get the car back?
My fiance' works offshore on an oil platform, usually if he cannot make thepayment over the phone, he will call and I will do it. However, he has been out for over two months, and just returned ...


 Freelotto whether scam and fraud ?
...


 I have many credit cards that are in a collection agency, should i pay them monthly or pay all at once?
Im trying to raise my credit score, so is it better to pay off all at once or should I pay monthly payments?...


 What's the best credit card to get?
Please don't tell me "None" for an answer. What's the best card that give you the best rewards and easy to pay off online? Where did you get it?
Additional Details
ok ...


 Please help fast?
well here i go me and my husband bought a new tv but on intrest free for 40 months well the guy said they dont have any in stock.ok well when i asked he said in a week....week went by then i called ...


 What's a good credit card, for someone who just wants to build credit, to get?
...


 Statute of Limitations / Collection Agency?
I was contacted by a collection agency about a debt from WI that I had 10 years ago. It was a state debt (Unemployment compensation to be exact). They went to court and got a judgement against me ...


 Credit cards with bad credit?
Does anybody have any experience of bad credit and being able to obtain a credit card, if so which one accepted you?

I have a few defaults from about 6 years ago which should be clearing ...


 Personal loan?
where can i borrow money online where there is no credit check and on benefit are wlcome in Sydney australia?...


 What is the best way to resolve credit card debt?
My husband and I are struggling to pay our mortgage, two car loans, consolidation loans, two credit cards, student loans as well as medical bills for new baby. Should I see someone in a CCCS ...


 Does She Have Any Options?
My 25 yr. old son, asked my 23 yr. old daughter, to CO-SIGN on a new car loan. While at the car dealer, daughter Lauren states SEVERAL times, she does NOT want to be on any paperwork OTHER than the ...


 Anyone get their Stimulus-Rebate check yet? Since they started early how soon will second batch start?
...


 Can almost using all your credit line hurt your credit score?
I had to my credit card to pay for denist appoinments and tuition. My credit card was always at $0-$200 and now its almost at its max. Is my credit score doomed because my credit card is so close to ...


 I need the names of 3 credit report companies? I have 2 trans-union & equifax?
...



SAMBO
Can you have more than one credit card?
as in..more than one kind of visa or mastercard..or any brand
                     
 




Don
Yes, you can have as many as you want. However, the more you have, the more it will hurt your credit rating.

The best thing you could do is to shop your credit cards for a better deal. When an offer comes in the mail, check out the annual fee, interest rates and the ability to roll over your balance from your current credit card. If the new card is better and makes an offer like no interest on transferred balances for six months to a year, make the switch and cancel your old card.

Of course, it is always best to pay off your cards monthly due to extraordinary interest rates, but unfortunately the greater percentage of Americans cannot do this.


mykrodot
Yes, but be careful, those credit cards can KILL your credit if you over extend yourself or make late payments.


Proud to be APBT
Yes you can, but be careful getting too many credit cards is a sure way to lead to financial trouble.


epistemology
Rating
I heard it is best to have two credit cards. In an ideal world, one is all you need. In case something happens to your main card, you have the second as backup.


bellah_s@sbcglobal.net
Rating
Sure you can have several visas and several mastercards and even an american express


RHONDA
Yes, but i don't think it's a good idea ! Then more cards the easier it is to fall into debt.


David A
Rating
yes but your score will go down
------------------------------
http://www.bestcreditrates.net


John H
Rating
Having more than one card is no problem as long as you make the payments and not go over the card limits.


JustPeachy !!!
yes you can have several


cjray4
Yes, you can if you want to pay them.


*RockStarBL*
Rating
Yes, why wouldn't you be able too?

I currently have a Wells Fargo Card, Citi Bank Card and my main one my favorite my gold AMEX card.

So yea you can just dont go too crazy and ruin your credit. Cause no matter what anyone says, cool clothes and cell phones and what not right now isnt as important as having a reasonable APR on you mortgage in ten years.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.054
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy