 Car loan help credit score? AMEX help credit score? Please HELP!? |
| I have 10 revolving & 3 installment accounts listed, 0 mortgage & 0 other {no student loans, no car loans, etc}. All 13 of my accounts are in good standing. Only 4 of the accounts are open ... |
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 Shall I pull out my credit score on a regular basis? |
| I am having a fair credit score. I need some credit asap and so am trying to improve my score. So shall I need to pull out my credit score on a regular basis? Say once in every 1 month, 3 months, 6 ... |
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 What should I try to pay off 1st? |
| I have a repo on my credit which I owe 6000,I have 4 credit cards 1. is 345, 800, 1004, and 800. Plus I owe a gym 600 Should I try and put all my money towards the repo or should i pay off the same ... |
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 Should my fiance file for bankruptcy? |
| I have really good credit. My fiance made some really bad decisions in the past and has terrible credit. (credit cards, overdrawn bank account car loan .....) We are buying a home . We are planning ... |
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 What would u do if u found a $1000 on a street? |
look for owner?
keep it?
spend it on what? urslef? someone homeless?... |
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 Help...PLZ!!!? |
| My dad bought me a Jacket last week from Wal-Mart store by ( not sure Cedit/Dept Card), and i found it too big, I can't wear it and now my dad is in another country for a business. If i return ... |
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 OMG I can't pay this.? |
| I just got my Visa bill and it is over 800.00, I bought some stuff recently and it bumped up my minimum monthy payment wayyyyy toooo much, Oh my god-I cannot pay them 800 a month. Do I call them? W... |
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 Credit card question? |
| Ok,i bought my game console with my credit card.The thing is,that console is now doesn't work as it should and i'm thinking of getting a replacement from the shop where i bought it...my ... |
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 I have 2g which debts should I pay off first? |
| Okay, I'm going to get my financial aid in a few weeks. (2 grand) I'm planning on using all that money to pay off some of my debts, but I'm not sure which is a smarter thing to do. S... |
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 I'm being sued by a creditor for close to $4000. What should I do??? HELP!!!!? |
| I work but, don't have that much money to pay it off. Can I do a payment plan or something? I don't have any assets except for my car and I've heard of creditors being able to seize ... |
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 Can you cash a check that's not made out to you? |
| i'm doing a fundraiser by selling cookies for my school. I realized after i got the check that i wasn't aloud to receive checks. so i need to know if i can cash this check which is made out ... |
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| Having NO credit is just as bad as having BAD credit? |
| I currently have no credit and can never get approved for anything. There are somethings I would like to do, but first i need to build up my credit but i can never get a chance b/c im always denied. W... |
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 Anyone know of any credit cards you can apply for with little or bad credit. Please none from HSBC bank.? |
| I'm looking for a credit card I can get. I guess either my credit is bad or I don't really have much credit. I already tried for ones from HSBC Nevada bank. Any others I can try for. I ... |
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 Credit card debt advice please? |
| I am in $4000 credit card debt. I am planning a budget, but keep on changing my mind about what to do. Should I pay minimum payment On the cards and save as well so that if I end up out of a job ... |
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 Sued by debt collector? |
| I owe $3300 from a mastercard that has been bought out by a collection agency. They said if I don't pay a reduced amount of $2500 by next week they will put a freeze on the account and that ... |
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 Bank of america raised my interest to 32% what can I do? |
| options when a credit card company raises rate that is very ... |
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B | How can you improve ur credit score? No gimmicks? |
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 |
 
BillK
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In order to build up credit and establish a good credit, you must show a number of stabilizing attributes. Most notably, your report must prove to the lender that he will get his money back. Here are some suggestions:
OPEN A BANK ACCOUNT
Open a bank account and use it responsibly. This is the first step in establishing a financial history.
CO-SIGN
One way is to piggy-back onto someone who already has a good credit history established and is willing to co-sign. Once the co-signing has occurred, you simply make payments on or before the due date. In time you will have established a credit history.
SECURED CREDIT CARD
Apply for a credit card. Shop around and only apply for a card if you can meet the lender's requirements. Responsible use (spending within your budget and paying your bill on time) will help you build a good credit history.
DEPARTMENT AND GASOLINE CREDIT CARDS
Since gasoline credit cards are not revolving (cannot carry a balance forward month-to-month), often they are easier to obtain than regular credit cards. Similarly, some department stores offer revolving credit for a specific purchase and this is sometimes easier to establish. It is also a great way to establish credit.
This website can be very useful for you:
http://www.howtoestablishgoodcredit.com/Credit_Articles/index.php?page=1&category=7 |
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Harleigh
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pay your bills... contest anything that's on your credit report... and keep your nose clean.
DON'T apply for a lot of credit over a short period of time, I tanked my credit score by doing that, and it took over a year for it to recover. |
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Laissez-Faire Guy
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Credit scores consist of these basic factors, in order of their importance:
1. Payment history.
2. Credit ratio
3. Credit inquiries
4. Length of credit history
To maximise your score, make sure you always pay at least the minimums, on time.
Keep your credit used to credit available (credit cards, car loans, store cards, etc) to under 25% of your total available credit.
Do not apply to for credit very often. Lots of inquiries into your credit bureaus reduce your score.
Keep your oldest credit card open forever. The longer your clean credit history, the better. |
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ginabgood1
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It takes a very, very long time to improve your credit score - much longer than it does to damage it. The trick is to make all your payments on time or before they are due on a consistent basis and to keep your debt to income ratio as low as possible. |
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kevhobbs
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First of all, if you have no debt, keep it that way. If you do, pay it off as quickly as possible. If you have poor credit, no credit, or slow credit, there are various things you can do. Don't fall for those companies who want to negotiate your debt down with your creditors. That will only damage your credit. Once you have no consumer debt, not including mortgage, viewed as asset if payments made on time, you can maintain one credit card. Make purchases on that card only if you have the cash to pay it off at the time of your purchase. Then when the statement comes in, pay it off. If you charge too much for you to pay it off immediately, make sure you do not use it again until the balance is zero. Always pay at least 15% over minimum payment.
You can also take out a high risk secure loan, and not buy any thing with it. Put it into a high yield savings account, then make payments from a separate account for 6 months. Then once the savings accrues interest, start making combined payments. On from your normal checking to cover the payment schedule, and one from the savings account for the same amount, which will go towards principal only. You'll pay off the loan early, which is good, and you'll save interest you owe, which is good, and you'll end up with some money left over in your savings account with earned interest, which is great. |
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normobrian
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Live on less than you make. |
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hcps_boxer
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The ONLY way to improve your credit score is to continue making payments on time. Do not get lines of credit and not use them. This will lead to a lower credit score. It doesn't matter what your balance is, only that you continue paying as agreed. It doesn't need to be under 25% of the limit or anything like that. Your card can be close to maxed out all the time and not affect your score one bit as long as you keep paying on time. Beware of overlimits, though, as this will reflect poorly on you. It's also a viscous cycle because the fees cause you to be more and more over your limit. I do not recommend to any of my clients that they have more than two credit cards that they use for purchases regularly. I recommend one with a higher limit for emergency spending or long-term payment, and one with a low limit for incidental purchases that is payed off every month in full. More than these two credit cards can become dangerously confusing for people trying to repair their credit and the finance charges these days are just too high. Try to consolidate if you can, and continue paying on time.
In short, the only thing that will improve your credit score is time. Credit is designed this way on purpose. It is meant to reflect the responsibility of the credit holder. It is not something that can be cheated or tricked. There are no ways to trick your credit score or history into being higher or better. Any product that claims to do this is probably just a scam. |
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robinc1117
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Sure, pull your credit report...and start paying off what you owe. |
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cinderella6619
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only with time |
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Shirrwood
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The first and the most important is to pay your bills on time! I mean all your bills, not only credit card bills. You credit score keeps track of all credit card you have any loans you get even if you pay phone bills on time. Besides you should check your credit report: according to statistic 74% of Americans have errors in their credit reports. So, check you credit reports (from 3 major credit bureaus) carefully.
Besides it is very important to apply for credit card that helps you improve your score instead of damage it. So if you have bad credit the best way is to find a co-signer if you can't apply for secured credit card http://www.credit-land.com/1018/1018_page_13372_32279.php
Surely you can aply for unsecured credit card for bad credit but the credit limit would low and this kind of cards provide tremendous fees. Avoid decling of credit card applications it can lower you score.
Besides you can read these articles:
This article on how to reestablish you credit history and improve credit score http://www.articlealley.com/article_127892_19.html
Article "What's the Score" http://www.credit-land.com/articles/articles_page_4420_171500.php
Article "What can I do to improve my credit score?" http://www.credit-land.com/articles/articles_page_4420_23674.php |
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Chelsea
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The most important thing is time. Sometimes all you can do is wait for your revolving accounts (credit cards) to be open for a long period of time. And try to open other accounts that aren't revolving, like car payments.
I used to work at a bank, and this helped me raise my credit. |
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S A
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listen to laisse his idea sounds good. You can go up to 50% of your credit line though. Try to get a card that you pay in full or at least pay more than the min. even if its only be a dollar it still helps. try it and see. |
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buriedaliveonce
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okay... this worked for meeeee....
get a credit card with a balance of 100 dolars. buy something small and when the bill comes in the mail pay it off... call the credit card company and get your balance raised to 1000 dollars... wait a few months then buy something and pay it off AS SOON AS YOU GET THE BILL continue raising the balance, buying, paying off... raise, buy, pay off... it raises your credit score. |
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