About 2 years ago I had a repo put onto my credit *my ins company was charging me 2 times what they should have been and before I could fix that problem I was in debt and ended up lossing my car* Now ...
have a 1/2 paid off truck, and i make enough to pay rent and lights. ok- i've been talking to the creditors who i'm already late with, i cannot pay them any money right now. should i keep ...
Additional Details Recently I sold an Ipod on Ebay for £120, and I used PayPal to transfer the fund. However as I did not enter my full name I could not transfer funds into my bank ...
I have seen on line where it reads " You can get a credit card with bad credit ". I applied at one company and was turned down. Can someone please help?...
When applying for an auto loan online they require i fax my most recent paycheck stub to them, i was just curious do they call my job to verify my income?? or do they verify all the tax difference?? ...
I am paying a credit card debt but only making the minimum payment per month. I know that I soon will be unable to do this so I want to know how I should approach the company with a view to stopping ...
Over the past 3 years my sister has asked me to cosign on 3 different loans for her. I cosigned for the first two but am trying to decide on whether I should for the third. I am in debt myself and ...
I applied to transfer my balance to a lower int rate card. I received the card but the limit was not enough to cover the cards I want to transfer. Now what....
If I am 19, have never had a credit card before, have never been in debt, don't really have a credit record (I presume), am planning to pay off my balance every month, and am planning to use it ...
A friend of mine who drew $18K in credit card debt is debating on filing bankruptcy. He is fully able to repay his debts to his creditors, and fear that he may be putting his future at risk. As many ...
Let's say I have a credit card with a balance to pay $500 dollars and let's say that is due on December 30th. Can I make a payment on the 20th and then another on 25th of the same month (D...
Well yes since you will have another trade line and very low debt to credit ratio, but you will be missing the payment history part which makes up 35% of your score.
Simply use it for everyday things, never exceed 30% of your credit limit and pay in full before the due date.
Do this for several months and you will get offers for better credit cards and build your score.
Craig T
Well, it might help a little since you have open credit but without using it you really don't build any history and are unlikely to get a credit line increase or be offered an unsecured card anytime soon
Sharing Mind
if that is the case then anyone could just get one or two credit card. don't spend on it just pay the annual fee. bang 2 years later you can apply for any loan you want. from my understanding when we build things we do something. doing nothing doesn't equal doing something. if we build credit that means we build credibility. how we build credibility? are doing nothing build credibility? i guess not.
STEPHANE O
Spifiman is correct.
deb l
no. you still have to use the card and pay it off to get the credit, but this has to be on going.
Motheroflittlemen
As far as I know no. The way you build your credit is to spend $5.00 on it, and pay it off the next month over and over again. Never spend more money then you have on you at the time. Then put that money away to pay the bill. Thats how you build credit
Tara662
No.
Ricky H
No, because there are no transactions to show you pay your credit off or on time.
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
