 After a credit card is charged off and sent to a collection agency, can you still settle with the CC company? |
| I want to deal with the credit card company (original debtor) and not the collection agency. Can I still do that, or has the credit card company already relinquished its rights to the debt?... |
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 Cant get a loan ???? |
| cant get a loan because i have no credit history anyone got any ideas ??? im 19 so any help would be ... |
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 Where can I get loan with poor credit a score of 512? |
| personal loans with few charge offs bankrupcty really need ... |
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 Bank of America...scam? |
| My boyfriend got a letter stating that some changes were being made to his account (it gave him the last four digits of the account). Thing is he has never banked with them before. Is this a scam or ... |
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| Cancelling credit cards..does it affect your credit rating? |
| i have 4 credit cards (too many i know!) - but have managed to pay them all off after a spot of luck. now...i want to cancel 3 of them (keep 1 for emergencies) ....if i do this..will it affect my ... |
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 Will adding myself to my mom's high credit limit card hurt or help my credit? |
| I was recently added as a joint cardholder under my mom's $17,000 limit card and transferred $4,000 of my debt to it. However I have not sent back the form adding the new credit card to my ... |
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 Credit Card limit was raised, by the creditor how does that affect my credit score? |
| I have an Old Navy card that use to have a limit of $400, they raised it to $750 does that have a negative impact on my credit and my credit score or does it look good? Also what affect will it have ... |
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 Why do some people have bad credit? |
I know some people who have decent jobs, and good incomes, but always live beyond their means and have terrible credit. Why? Is it insecurity? Irresponsibility? Just a mental defect?
I&... |
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 Why do debt collectors call your house, yelling @ you & threatening you? |
| Why can't they be polite about it? & the person who's calling acts like as if you owe him/her money PERSONALLY. I understand I owe the COMPANY. I'm disabled, unemployed, & ... |
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 Do you have money I can have? |
| Lots and Lotsa $$$....YAY!... |
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 I cant get a bank account due to poor rating how can i improve my credit score if i cant obtain credit? |
| i run my own business and have to run all my financial stuff into other peoples account im not to keen on that please ... |
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 I cosigned a loan for my friend to get a car and he let it get repoed.? |
| Now that the car was repoed the loan co. wants me to pay for their loss...about 10 grand. I am barely affording to pay my own bills and just can't pay for this. I am 21 and was not fully aware ... |
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 I have $3500. Can you give me any ideas on what I should do to build it up? I'm 16? |
| I'm trying to find out if there are any ways to build it up. Since I've been told to save it.... |
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 Is there a credit card that is best when you have bad credit? |
| I have been looking around online, and the ones I have been finding I have to pay a lot of money to get. I am trying to get my life straightened out, and that obviously includes my credit. Please ... |
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 Has anyone been approved or turned down by Amcapital Loans? |
| I have started a loan process with this company and I was hoping to have some feed back from someone that they've helped, either past or present.... |
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 Can i erase a collection that was put on my credit file recently? |
i brorow credit to a family member and i was never informed that the money was owe so now i get this collection on my credit. i paid it off right away but can i do anything to go away?
... |
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Liam Asis | How can I have a good credit score? |
How many credit cards are recommended to have open?
How often should I use them?
What can I do to increase my points?
Can you give me some tips on how to maintain a good credit?
I have 694 points but I want to get more points |
 |
 
tudorjason (matt)
|
The people with the highest credit scores have a combination of several revolving (credit card) lines and installation (loans) lines. There really is no set number though.
The easiest way to build credit is to buy small things every so often and paying them off in full by the due date. If you have debt now, the best way is to pay it off; the lower the balances you have, the higher your score will be.
694 is an average score, which is good. And as your accounts age, which means that you shouldn't close accounts that you don't use, your score will also increase.
One more thing: There is no such thing as having too much credit, it's just how responsible you are with it. But you have to be careful about applying for it too often because it'll raise a red flag to creditors thinking you are trying to get into debt, and statistically, those with higher scores rarely apply for credit.
Below are links to articles for more and specified tips. |
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L.K. Duh
 |
694 is a good start.
Never pay a bill late. Never default. Never settle with a creditor. Never go bankrupt.
Borrow a little more and pay a little more. On time. Every time.
There are many fine instructions on the internet for building your credit score. Find them. Read them. Live by them.
OH, ONE important thing! Each year you are entitled to one free credit report from each of the 3 reporting agencies. Get one of them right now and go through every item. In 4 months, get one of the others. Get the third 8 months from now. Won't cost you but maybe an hour or two each year.
I found one agency had mixed my report with another persons! Incredibly, it was like we were fused, and that guy had some bad news. So, I wrote the agency and had that problem fixed, and my credit score leaped up and celebrated. |
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Bottom Contributor
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Don't get caught up in this whole "credit score" b.s. It's just another phase that the elite are putting us through to prepare the non-rich for slavery. Credit score = a token system = slavery. |
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starroughrider
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make sure all of your bills are paid as soon as you get them |
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goober_1989
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How many credit cards depends on you. If you have too many, it can confuse you and you will mess up, miss a payment, go over your limit or something else. Get enough to keep track of. Use also goes by you. If you like using them for small things, do it, if you forget and cant keep track, I wouldn't use them often. There may also be requirements on your credit card reguarding use. To increase your points, just keep using them and dont mess up, time is the best way. The longer you are in good standing the better. Just watch what your spending, dont charge more than you can pay. I always pay mine as soon as I get the bills so I dont pay interest, and I use them all the time. |
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firefly_7
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if you don't want real credit cards get a gas card it will help bring your credit up and they have low interst rates. bank credit is good too if you have a bank and are in good stants with them and been with them along time that will also help your credit. having a morgage will help big time. what to watch out for is that cars, satalight and music things that u can become members of don't help or do anything with your credit. hopes this helps. |
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Tom A
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a prepaid credit card is always a good option and if you use it regularly then your credit score will go up. another thing you can do is make large payments on your credit card (way above minimum) this way it will show that you have no problem with the minimum payments.
You should use your credits cards on a regular basis to get your score up so spend money on the card and always make sure you pay way above minimum. |
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traffic814
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To Repair credit score
Your credit score is based mostly on:
1. Length of credit history
2. Payment history.
3. Ratio of credit used to available credit.
4. Number of credit inquiries you authorized.
If you cancel your card, you'll be hurting your credit ratio. (#3).
You want to deliberately keep your oldest credit card open, even if you never use it.
You want to always pay the minimums of each loan on time every month.
You want to keep your available credit high, but actually only have balances equalinig 25% or less.
You want to keep your credit inquiries to a minimum. Try for no more than 3 or 4 per year for any type of loans.
You do these things and your credit score will quickly soar into the 700s.
--------------------------------------...
http://www.bestcreditrates.net |
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class member
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Have a lot of open and closed accounts showing PAID AS AGREED, and on your open accounts, try not to have balances on many of them - and try to stay below 30% or 50% of your high limit on the account.
FICO loves to see people who use credit, but don't carry very much at one time other than mortgages, and have a lot available to them should they need it. You'll be over 700 in no time.
BTW, 680 and above gets you the cheapest real estate loans, but those with 620 or better can still get the same good price using an FHA loan !!
IF you have ANY derogatory info, even a 30 day late years ago, call the creditor and find someone nice who will remove it for you..you'll instantly be over 700 and maybe much higher if there's more than one. |
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cyswxman
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Of course, pay all your bills on time.
Do not obtain more credit cards. I just have a couple, and use only one at a time. The more credit you ask, the more you become viewed as potentially risky.
Close any inactive credit accounts. |
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Latundan
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Improve your score by paying your bills on time first and foremost. Do not carry balances near the high credit limit. Do use credit, but limit the number of open credit cards to a minimum - about 5-6. Limit the number of attempts to obtain credit as it will increase the number of credit inquiries which reduces your score by about 3 point per inquiry. Do not close out your old credit accounts. There are other tips, but these are generally the ones that improve your score. Hope this helps. |
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T M
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Do not run credit checks all the time on your credit. It lowers your score.
Do not apply for credit all the time, because this also requires a credit check.
Do not have a LOT of open lines of credit, as this lowers your score. One larger balances is better than many smaller ones.
Do not close your oldest line of credit, as this establishes your length of credit history.
Any negative items on your credit must be disputed IN WRITING via letter, following the instructions on the link given below.
Many times, even legitemate negative items on your credit are removed if you dispute them properly. I got rid of a few bills simply claiming I had never seen an original copy of the bill (which was true) and the companies dropped the claim because the bill was not in the current year.
Almost all medical bills can be dropped.
The most obvious: NEVER be late on paying any credit card bills. There are some laws governing this, such as a balance has to be past due by more than 30 days, but don't get into that.
Do not use credit cards until you are aware of their tricks and schemes.
Write your congressman over your concerns of how the federal reserve is managed. |
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Bryce K
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One good way to raise your score is to visit your bank and take a personal loan for 500$. You may have to secure this loan with a bank cd, depending on your credit score. Then go to another bank with that 500 and get another one. You should probably have 2-3 credit cards. When paying your credit cards make sure after payment you do not utilize over 30% of total available credit. I.E. credit limit 1000 your available credit should be 700$. Always pay on time. That is it pretty simple, if you can actually follow these steps. Also if you need a credit card you can visit http://creditcardwarehouseonline.com and compare cards side by side to find the best for you. Also has some great rewards and gas rebate cards too. |
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