 I am getting my first credit card, which one do i get? |
| okay, so i am getting married in six months, and i need a credit card. what are some things i should know before i sign up, because i know nothing about credit cards at all, isn't there some ... |
|
 Debt collecting practices? |
| When I was 25 and under my father's insurance, I had surgery. Now, two years later, I must have missed a small bill that insurance paid some on. I moved from home and guess didn't receive ... |
|
 Bank accounts frozen, what is the best way to negotiate with the collection agency? |
| I woke up today to find my checking acount with a zero balance, I went to the ATM and could not withdraw funds from my savings accoung. I called up my bank and asked them what was up and they said ... |
|
 To file for Bankruptcy or not? |
| Can anyone explain to me how the bankruptcy law works in the USA. what does it really entail and how long after that can you be credti worthy again? IS this a good idea or its just an easy way out ... |
|
 APR for a Personal loan... No Credit history... HELP!? |
| I have a friend who is trying to buy a car off of my parents. It's $4000, and she's trying to take out a personal loan. She has NO credit history, but she has a savings account at C... |
|
 Best way to find out your credit score? |
| i know there are tons of online "services" that say they can find out your credit score. are these for real? i need to know my credit score...... |
|
| Should I file Bankruptcy?? |
| I am about $16,000 in debt but I already have a judgement against me for $3,000. I was served with papers for past medical bills and I had a car repo'd about 3 years ago and they are threatening ... |
|
 What would cause somebody's credit score to decrease? |
| My fiance and I have been working really hard to repair our credit. He recently paid off the items that he had in collections and all payoffs were reported to the 3 credit agencies; however, when he ... |
|
 ????What is the fastest way to raise your credit score????? |
| Im working on getting a new house for me and my family and i need a good credit score to buy the house so please help me PLEASE... |
|
 Do YOU really care about this so called 'financial crisis'? |
| Lets face it, who is really bothered about all this world crisis? (over money?) It wasn't our fault and what exactly is the government 'rescuing?'... |
|
 Credit Cards?? |
| how can i build credit when no one will give me a credit card? I am 21 years old and i was wanting to get a credit card...PROBLEM...i have bad credit from things that i didnt know caused you to have ... |
|
 I have been getting offers from a company that offers to take over my debt? |
And they tell me I only have to pay 50% of the original debt The debt is over 7 years old. Should I go for it or just ignore it?
Additional Details
I need to add something---- They are ... |
|
 How unusual is it for someone NOT to own a? |
credit card in this day and age? People look at us like we have lobsters crawling out of our ears when we tell them we've never owned a credit card.
Additional Details
**edit** We ... |
|
 Should I refinance or file for bankruptcy? |
| My credit is poor so, if I refinance I will be paying a very high interest rate but, if my credit is already bad anyway should I just file for bankruptcy?... |
|
 I just turned 18, what is the best way for me to get a credit card? |
| I want one that I can use anywhere, not just a store credit card.... |
|
|  |
Sam | If you have a credit card and are making more than the minimum payments, does it hurt your credit score? |
I believe that if you charge your card and make more than the required monthly payments that it would hurt your credit score somewhat the same as if you were to not make a payment at all. |
 |
 
xylina_69
 |
No, paying more than the minimum does not hurt your score.
What hurts your score is not paying on time, having too many people checking your credit score, late payments, length of credit history on file, type of credit used, and capacity of the credit used.
As long as you are paying the minimum payment on everything, you will be fine.
Just avoid being maxed on your credit cards...that's a big one! |
|
doanel
|
No, paying more is a good thing (as Martha Stewart would say). |
|
homerunhitter
 |
All previous answers are correct...no harm to your credit score by making more than the minimum payment. In fact, from a financial point of view, it is a very good idea. |
|
Mickey
 |
No paying more than minimum AND paying 10 days or so before the "due" date is great and better. |
|
carlos
|
No !
It can only help. |
|
beauty s
|
no if u make more then the min this will help your score |
|
traffic816
|
it will help your credit score a lot by paying the min
--------------------------------------...
http://www.bestcreditrates.net/ |
|
LB
|
No! They LOVE it when you pay more than the minimum. It helps your credit for sure! |
|
abby fth
 |
Your credit score is a number based upon your credit report. As you grow in life you will find that it is one of the most important number affecting life and finances. The higher the credit score, the better it is. A higher score can help you find loans with low interest rates and quick turnaround times for approval. The more you understand your credit score and the factors that affect your credit score the easier it will be for you to keep your financial health in order. The following 5 critical factors affect your credit score in a major way. By knowing these you can keep a check on them and make your credit score a healthy one.
1. Re-payment history
This factor carries the highest weight in your credit report. How steadfast are you in repaying your loans, makes your credit report shine. Experts claim that this factor alone accounts for 35% of points in your credit score. So, if you falter on repayment front it is sure to be reflected poorly on your credit score.
2. Outstanding debt
The next comes your debt burden. How much you owe is a factor that according to experts carries about 30% weight in your credit score. This is
30% is based upon outstanding debt. To get a better score it is advised that you keep your outstanding debt to a minimum.
3. Length of your established credit history
The time for which you have a credit history also matters. The longer your established credit history the more credit reporting agencies believe in you. This could be simply because of the fact that they have more data to analyze your financial position. Experts give it a 15% weight in determining your credit score. Read more about it at: http://www.credit-card-gallery.com/article/204,5_critical_factors_affecting_your_credit_score |
|
trish
 |
I'm pretty sure that it looks better if you make more than the monthly payment!! |
|
mesmerized
|
Actually if you can pay the whole amount each bill that would definitly not hurt your credit score, it would bring it up. So if you can ake more than just the minimum payment do it!!! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 15 minutes(s) ago
| | | |
11 | 43 minutes(s) ago
| | | |
12 | 3 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
11 | 3 day(s) ago
| | | |
4 | 6 day(s) ago
| | | |
11 | 1 week(s) ago
| | | |
9 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
