 What is the best Credit card for bad credit? |
Additional Details
i have never had one before it is my first time applying for one i have only ever had one cataloge and my payments were always on ... |
|
 Can i rent a car with a maxed credit card? |
| I want to rent a car this weekend but my credit card is maxed and the rental company requires a credit card to rent it. I want to know if they put a hold on the card will it process or will it deny ... |
|
 Is it bad to apply for to many credit cards. I already have a few cc cards but got a gr8 offer to open anothe |
| Will it kill my credit rating to have to many open credit cards. I only use 2 or 3 cards and always pay it off but is it bad to open up new ones when they ginve great incentives to. American ... |
|
 Is it true, every time my husband pulls his credit report it goes down ? |
| If this is true how many points will it go down? Also he never filed bankruptcy so no bankrupt answers please.He does not have a bunch of bills anymore either he paid them all off when he sold his ... |
|
 Getting married soon but my future wife has debt and i do not!? |
| i will be getting married soon but my future wife has around $26,000 of debt from college and her car. and i do not have no debt, and my credit score is perfect, now from my understanding when ... |
|
 Negative things come off my credit report in 7 years? |
what exactly does that mean?
my credit identity was stolen 3-5 years ago and i have 40+ account opened without my knowledge. I didn't notice until 2 years ago and anyway... I've ... |
|
 Does car insurance go on your credit report? |
| I am trying to build my credit report up....I just got car insurance. Does this show on my report if i make all of my payments? I know that I need a credit card as well as other things to build it ... |
|
 Credit Scores???? |
| Is 657 high or low??... |
|
 I got scammed on ebay, can anybody help me catch this lady who scammed me of $270 to track her down? |
| Well, I was on ebay, this lady had a listing of a walmart gift card, she supposibly had an extra card worth $500 and was selling for $270. I emailed her outside ebay and set up payment through ... |
|
 What's a low interest rate for a credit card? |
| I want to get a credit card, but I'm an unsure what a good interest rate is. Are there any credit cards that have interest rates in the single-digits? T... |
|
 How do i find out what collection agency has my debt..? |
| this company sent me to a collection agency when i owed them nothing...i found out from when i went to buy a car the car place said you have good credit but this one thing is killing you..i had no ... |
|
 Would you recommend a Discover card or American Express? |
| I have a Visa and i was looking to get another card. I'm 23 and have good credit. I don't have excessive debt. I just wanted to get a 2nd credit card. Would you recommend discover or Am. E... |
|
 If made bankrupt do they take your passport? |
does anyone no if you can still travel abroad if you are made bankrupt?
Additional Details
i do agree .debts must be paid and not going on holidays it isnt me . i was asking for a ... |
|
 Has anyone's stimulus checks hit their bank account yet? |
| just curious. According to the guidelines, I should recieve mine today and I haven't yet. Just wondering if anyone else has gotten theirs?... |
|
 Credit Card Debt Solution? |
| Ok, So I owe lie $5200 one one card, $4700 on another, $500 on the third, and $300 on the fourth. I taled to a shady lawyer and he told me not to file for bankruptcy. He told me to stop paying for ... |
|
| Denied a loan due to criminal history!? |
I have a misdemeanor on my record from several years ago. My banker stated that the 'board' denied my loan because of this misdemeanor charge!
I've never heard of anyone ... |
|
|  |
Nina N | I have several credit cards which I don't use. Would it improve my credit score to close these? |
These are revolving accounts such as department stores, etc. I am not carrying balances on any of these accounts and they have been opened for several years. |
 |
 
Studly
 |
Take the time to visit http://www.myfico.com
This is the home site of the folks who developed the FICO scoring system. It gives lots of consumer advice and tips.
For starters, it's recommended that you have between 3-5 cards. Seven may be a bit high. But the main thing that hurts your score is having a very high available credit limit. As long as your cards only carry between $500 and $2000, you should be very safe. It's when people have several cards with $10,000 that the creditors begin to get nervous.
The other major factor on your credit score is credit history. I would strongly recommend that you keep these cards if you have established credit over several years.
So I do not recommend that you cancel any of the cards. But if you do, here is some advice.
Canceling cards will have a negative effect on your credit score, but only for a short time. So if you are planning on any major purchases that will require a good score, hold off canceling the cards.
When you do, only cancel 1 card every 3-4 months. This will minimize the damage to your score. After a few months it will improve. |
|
hisprincess
 |
No! Closing a bunch of accounts actually hurts your credit score. It does no harm to keep zero balanced cards on your credit report. In fact, it establishes good credit. Close a few if you have to, but not all. Keep your longest credit card, for sure. Remember, try to never go over 1/3 of your credit limit on a single card. |
|
cali909boy
|
leave them open |
|
CactusFlower
 |
No .. actually closing those accounts will HURT your credit score (hard to believe eh? This is totally the opposite from what most of us were taught growing up).
You can, however, cut them up so that they can't be used.. (either by you, or anyone else that could get a hold of them)..which is what I've done w/ a couple of my cards. |
|
Shy Pie
 |
It would probably be wise to close all but one. Use the one then occassionally, being sure to pay for whatever is on it in full each
month. This will improve your credit score. Having the cards for
any other purpose only will open the possibility of identity theft. |
|
yums
|
read tips on credit and credit scores on this site |
|
me myself and i
|
If you are not using them then close them...they count against your debt to income ratio. |
|
chuckufarley2a
 |
I don't believe it hurts your score, but, keeping them open can lead to problems if your purse or wallet is stolen and somebody begins to use them..
Also, make sure that they ARE still open.. They may have been closed due to inactivity.
My wife didn't use her atm card for about 3 months, and they deactivated it and she had to call in and get it straightened out. |
|
Nandan S
 |
yes definitely, as in the end you still end up paying things like rental for the unused credit cards, after like a year or so of their free "rental paid packages"! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
6 | 28 minutes(s) ago
| | | |
5 | 47 minutes(s) ago
| | | |
9 | 53 minutes(s) ago
| | | |
9 | 55 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
10 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
