 Has your credit rating improved? Stayed the same? Or it's worse? |
| For me It has improved. Went through Bankruptcy once & never want to go through that again.... |
|
 Visa or Mastercard? |
| Which is better?... |
|
 How much money should I pay my credit card so my balance won't go up? |
| If I stop using my credit card, what percentage should I pay so my balance won't go up?... |
|
 I just sort of asked my aunt if i could use her credit card on a $150 order online, should i not have? |
it was for clothes.
and i only asked her because my mom doesnt have one and of course i mentioned id pay her with the cash i have but obviously cash is useless when it comes to the internet..
... |
|
 When you use your credit card at buying, what happens? |
Well, i'm new to having credit cards.
I just wanna know what happens. Does this make my credit history good or what?
Thanks,
C... |
|
 Is it true about credit? |
| i have just been told by my dad the age u are the credit goes up im 18 now and have got a bad credit will it improve in the ... |
|
 Do you use store cards? |
| I was watching breakfast tv this morning, and I was shocked to see the interest rates charged by stores compared to credit cards.Do you use store cards? I had one in the past but paid it off, then ... |
|
| Why am I still paying the cash advance fee on my credit card?? |
Hi,
I've had my credit card for about 2 years now, and the very first thing I did when I got it was take out $10 from an ATM as a cash advance. This was also the ONLY time I have ever done ... |
|
 I urgently need to find a loan provider, if u r calling as one of the nigerian scammers, pls dont call? |
| I run a small business and am experiencing cashflow problems, unfortunatley, due to old CCJ's the bank will not help and i do not have much collateral to offer, I have been plagued by emails ... |
|
 Debt ..... what do you think about this? |
In the UK on GMTV this morning there's a woman who says she brings in £1200 per month. £600 goes on paying off her debts. £500 on rent. She's then left with £100 per month.
<... |
|
 What happens if i don't pay my credit card bills, and i don't declare bankruptcy? |
Additional Details
knowing that i left the country.....
i don't care for my credit record, i just want to know if any criminal charges will be filed against me,,,,will i be ... |
|
 If a dept agency traces me after 10 years do i still have to pay that dept. if so could i pay part of it? |
| i had a dept with a bank over 10 years ago and a dept collectors agency have recently traced me. do i have to pay the dept. i have never spoken to the bank about the dept and i had forgotten all ... |
|
 How can I get or build my credit? |
I'm 18. I have a checkings and savings account at Wells Fargo.
I want to build my credit. I worked full time this past summer at an amusement park and now since I'm a full time college ... |
|
|  |
GlowiDark | Should I renew my credit card. I dont use it any more but its my oldest one.? |
I have heard it could scr*w up my credit history? |
 |
 
Ben
|
lots of misinformation here
keep it open
credit length as well as balance/available credit ratio are used to calculate your credit score.
If you have 1000 balance in credit card debt and 10,000 credit limit combined with all your cards thats a 1:10 ratio. If you close your account with one cc company and that drops your available credit to 5,000. Then your ratio has dropped to 1:5. This is seen as more risky as you are closer to maxing out your credit cards and overextending yourself thus it lowers your credit score |
|
Taz
 |
Your card renews it's self. The financial institution sends a new card just before the old one expires.
It is good to keep it but charge on it once a year, and pay it off right away.
I Had one that I hadn't used in 3 years and the company closed my account.
But usually the more cards you have the more credit worthiness you have. Even if you don't use them.
I am a Personal Banker for a large bank..... |
|
simply_renee
|
Keep it open, you're right.
Use it occasionally, and pay it off at the end of the month. Having old accounts that are current is a great way to up your score! |
|
sandman
 |
Buy gas with it a couple times a year and pay it at the end of month.Don't cancel |
|
Brian G
|
If there's no annual fee, hold on to it even if you don't use it, if you don't have a lot of other credit cards. You never know when an emergency will come up and you wish you had it. If you do keep it, it would be to your advantage (credit wise) to use it and pay it off each month. |
|
tonalc1
|
One factor in determining your credit rating is the amount of available credit you have. The more available credit, the higher risk you are, and the lower your rating.
Just close the card, especially since you're not using it. |
|
narbo73
 |
Dont close it, keep it open, charge minimally and payoff at the end of the month.
It helps your credit history.
Especially since there are no lates. |
|
Landlady R
|
If you close it, any good credit you established with it will go bye bye. |
|
griffyn10941
|
so long as you dont have a balance it will do little to your credit history, the only impact will be the length of history, say youve had the card for ten years and all the others are less than 5 years old it will show a shorter history. As a general rule, keep the ones with the most favorable interest rates and no annnual fee. |
|
MoishePippik
|
Each credit card is viewed as an open "line of credit" for its maximum amount. While a card or two, with all payments made promptly, won't hurt (or may even help) a credit rating, excess may hurt your chance of making a loan.
If you don't use it at all, and it's not your only widely-accepted card (e.g. Visa), why not drop it? You also save the (maximum $50) liability if the card were to be stolen. |
|
chekeir
 |
Just cut it up. It will not affect your credit rating.
Cheers :-) |
|
kayanbean24
 |
naw don renew it |
|
Stuck
|
if u don't use ur credit card, then i see no reason to renew it. It is true that it might scrw up your credit history as you've nvr used it but then again, it mmight not. but if u nvr use it, why would u renew it? |
|
banananose_89117
|
If you are not using it CUT it up Worry more about ID theft |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
13 | 34 minutes(s) ago
| | | |
13 | 3 hour(s) ago
| | | |
8 | 5 hour(s) ago
| | | |
12 | 9 hour(s) ago
| | | |
12 | 1 day(s) ago
| | | |
13 | 5 day(s) ago
| | | |
13 | 1 week(s) ago
| | | |
13 | 1 month(s) ago
| | | |
6 | 3 month(s) ago
| | | |
13 | 7 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
