 Want to start building some good credit.? |
| What are some good credit cards for people wit no credit? and want to establish some credit.... |
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 Did they just ruin my credit rating? |
I only had a credit card for about two months. I've been using it very responisibly, trying to build a good credit score.
Two weeks ago, I went out and bought a new used car, with my ... |
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 Question about ordering online? |
| i was just wondering how safe it is to order online. i'm kind of paranoid about giving my personal info such as credit cards and what not , are there any other ways i can do this? unfortunately ... |
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 Would canceling my credit card be wise if....? |
| I still have a balance on it. I've learned the hard way that credit cards aren't very nice. I want to pay it off as soon as I can but would canceling them now before the balance is paid off ... |
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 How can I...(credit card/debit card question) |
| How can I resive instant payments on my debit card, for someone else credit or debit card for my online bizz without pay pal?... |
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| Morrisons Receipt...? |
| Hi I stayed at a hotel last night, and I accidently left a till receipt in the hotel room & checked out. The room wasnt booked in my name. The receipt had my card number as I made some ... |
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 Why do people charge up more credit card debit than they can pay? |
Not people who get in a bind and have to use credit to survive for a while, but people who just buy material stuff that they really don't need.
Additional Details
I don't do ... |
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 Does credit denial cause your score to drop? |
| I was needing to know if you apply for a credit card and you're denined, does that make your credit score drop. And if it does how many points will it drop?... |
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 How does a 28yr old with no credit history start establishing a credit history. Applied for 2 cards & denied!? |
| Applied for two low end cards and was denied. Will someone give me a chance? Don't really want to get a "secured" card.... |
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 I have a lot of credit card debt close to $50000 from my business. What are some ways to clean this up? |
| My business is still in the growth stage but we have racked up debt close to $50000 that is sitting on my personal credit cards. Should I transfer that debt to a large credit line under my company ... |
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 What might this do to my credit score? |
| I have a card that is paid off and compared to my other cards, it's limit pales in comparison. I want to close it. However it is one of two oldest accounts. The oldest account has a limit 4X ... |
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 Discover Credit Card? |
What are some of the benefits of having a Discover card?
Anyone have any experience having one?
PROS/ CONS?
... |
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 Credit Report Question? |
How long does the following information needs to stay on the report?
* Accounts that are paid for as agreed
* Charge off ... |
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 How old do you have to be to have a credit card? |
the title is self explanatory
Additional Details
can my mom get me one?... |
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 Visa Mastercard....or any credit card? |
If I buy some shoes and they dont accept paypal but only major credit cards.......where will the payment be deposited??
Will it be deposited into their checking account or something?... |
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 Credit Card Fraud question.? |
| My child's father used our son's soc sec number to get a credit card. Who should I tell & what will happen to my son's father?... |
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joe s | Is it true that if you check your credit score it will go down.? |
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SPIFIMAN1
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This is not true.
When you look at your own score it's called a soft pull and does not count against you.
It's only when you apply for credit and a lender pulls your credit, that's a hard pull and counts between 3-5 points.
The exception to this is when you apply for a vehicle or home. Then all inquiries made in a 14-day period only count as one pull. They all show on your credit, but you are only dinged once. |
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brucec83
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No. But if anyone else requests your credit report, it will go down.
The theory is that if you are out looking for credit, you must need it, and they are checking because you applied for a loan. If somebody appears as an inquirer and you did not apply for a loan from them, you may dispute it and have the inquiry removed from your report. |
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KAT
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No, No and no.
You could pull your credit report every day (don't know why you'd want to) but you could and it wouldn't effect your credit score.
When a hard pull is done on your credit report your score will go down about 5 points on a temporary basis. You don't want to apply to 15 different credit card companies though - it gives the impression that you are desperately seeking credit. Hard pulls for car loans and mortgages are lumped together as one pull. That is if you apply to 5 different companies in a 30 day period for a mortgage - the bureaus and anyone reading your report understands that you are shopping for the best loan product. Same thing with auto loans. |
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Robin C
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Official inquiries will slightly affect your credit score. If you have a lot of people looking at your file, then it shows a history of opening new accounts, etc and makes your debt or possible debt to income ratio increase, thus dropping your score.
However, requesting your personal credit score will not change your score. You should request your free credit report every six months to check for fraud. Catching identity theft in the very beginning stages will save you time, energy and damage to your credit. |
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SCH
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No...when you check your own credit score it is a "soft pull" and does not show up as an inquiry on your credit report, and therefor does not affect your credit at all.
When a company or creditor pulls your credit it shows up a s a "hard pull" and shows on your credit report for 2 years and every time this occurs it costs you between 3-5 points (could be as high as 10 points depending on the creditor). The only exception to this is if you are applying for a mortgage or car and then all the inquiries within a 14 day period are considered 1 inquiry and there for doesn't hurt your credit very much. |
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Deliah
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Absolutely not! |
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jbzaunt02
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You can stop credit inquiries for the purpose of sending you "junk" credit card applications. These do hurt when there are many requests. Go to www.optoutprescreen.com and opt out for 5 years or life. Your junk mail will drop to next to nothing. Mine stopped in about 2 weeks and my credit reports show that I have opted out, so my credit info is no longer available just for the sake of "junk" mail.
My credit score dropped below 800 when my mortgage stopped appearing on my report. There is now a statement that says my score, which is still in the very high 700's, is not as high as it could be. There is no mortgage showing to indicate a long term payment history. I paid off an auto loan so now there is nothing to show how well I pay long term loans. It just aggravates me that as long as I owed lots of money, like house mortgage and auto, my score was higher. Now I feel like I am being punished for having no bills to pay or loans opened. There is also a notation on my report that says my score is not as high as it could be because I do not have "enough open or active" revolving accounts......like Sears.....Exxon.....such as that...... |
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Ems
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yes it does, so its best to only get it checked for when you need it...like bank loans or when you are buying a car. |
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maccrew6
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yep.. any inquiry on your credit report lowers your score a few points. |
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