 I am living paycheck to paycheck! Is anyone else? |
| Everything in the US costs so much money and it is so hard to start a life and a family and find a home. I never have extra money and I feel like I am constantly drowing in bills or thinking about it ... |
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 I need money? |
| i am 12 and i need money help no online stuff and my parents will defintly not let me go to peoples houses selling or ... |
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 I just got a $10,000 check in the mail, what should i do with it? |
Additional Details
my husband was in iraq and suffers from ptsd. he has an 80% disability (according to them). they will be sending him $1500 a month. the $10,000 is back pay for the ... |
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 How can i get rich fast.with out given up a lot of money? |
| this is by far lowst part of my life ican,t even pay my bills, and i have a job.... |
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 Where can I get a $5000.00 with bad credit? |
| I have been out of work for a year and have recently started a job. I am looking for a loan to clear up some bills and purchase a few items. I also need to get my son daycare which I don't ... |
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 I have gotten myself into debt. Where is the best place to go and get it cleared. Consolidation or Bankruptcy? |
| i just got into credit cards, bought a house and vehicle. i just would like to find someone who maybe been through it or knows where to point me. thanks jaime. berlin ... |
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 Direct deposit? |
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 Best Way a teen/kid can make money? |
| Hi, i need a little cash in my pocket to help buy something for someone and I'm looking for some ideas that can help me raise some money in the neighborhood. What can I do that's simple and ... |
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 Has anyone ever taken out a second mortgage? |
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 Unsecured Personal Loans? Advice please? |
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| What to do with my 401K money? IRA? |
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 I am trying to get a loan but have poor credit and am a ex-bankrupt, any help.? |
| I am having problems getting a loan as am a ex-bankrupt a few years back, i got a letter from ADVANTAGE LOANS, they seek £49.50 to get a approved loan within 3 to 5 days, i did this last year and in ... |
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 What should I spend $1000 on? |
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 I need money quick. Im talking in the next 3 days.? |
| Our van is broken and our lights are about to get shut off. Its crazy how things got this way. Is there any way to get a lump of money really quick besides a loan.... |
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 I'm trapped in a payday loan disaster. What will happen to me if I close the bank account? |
| I have gotten in over my head.Started out with one loan for an emergency..Could'nt pay it so took another loan to pay it, then another to pay it.Now I am trapped in 4 loans. Paying $76 each ... |
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 I need to know how i can make money = )? |
| ok . i am 14 , i need $900 for a new computer and i kinda need it fast . how can i make money fast even though i am 14 . also , what is minimum wage now , it would really help me if i knew . please ... |
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 Do I need too signatures to cash a tax refund check? |
| I recieved a tax refund check but is in written to both my husband and my name. Does it need two signatures or just mine will do? I would like to go shopping by ... |
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PaulaR | Is it ok to have a credit card sit for a whole year without using it? |
I heard if you don't use your credit card it hurts your credit limit. Should I use it on small purchases or is it ok to just leave it with a 0 balance owing for an entire year? |
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kjwsmommie
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I've never had that hurt my credit score. I have a bunch of store cards that I had opened over the years in order to get the extra discount on items...used them once, paid it off and then never touched the cards again. Some of them still show up on my credit report, some close the account after a certain amount of inactivity. Like I said, it has never hurt my credit score.
I was told by a friend once...if it's the only card you have it is a good idea to use it every now and again so the account doesn't get closed on the creditors end. |
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debijs
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~~If you want to build your credit score, then charge something on there and pay it off every month. This builds your score and shows responsibility.~~ |
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Jolly Rancher
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No problem. But after a few years of inactivity, the credit card company is likely to deactivate. |
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WhoDoYouLove
 |
Your credit rating includes length of credit so its okay to have the card but keep track of your credit report every three months by requesting a free copy from one of the three major credit reporting agencies. Make sure nobody is using your credit without your knowledge and check your report for inaccuracies.
Lenders look at length of time for credit cards as well as history of on-time payments. They also look at the amount of credit you use compared to the amount of credit available to you. If you max out your card and pay the bill in full that is worse than using a small amount of available credit and paying the bill in full.
So if you want a loan in the future for school or for a mortgage you want to keep a stellar credit rating!
Good luck! |
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Jeanna
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It doesn't affect your credit negatively.
Some credit card companies will close your account though if you do not use your card after an extended period of time. |
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bdancer222
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It won't hurt your credit but it won't help either. If you use the card and pay it in full every month you build a good payment history.
If you don't use the card for a year, it will probably be closed due to inactivity. Many credit card companies are closing accounts after much shorter inactive periods. You have to use the card every 3 months or so to keep it open. |
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johnwooo
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no it doesn't, but if you can get a rewards card and use it only if you have money to pay it of the same month. That way you will have the incentive to use it. |
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Brenda
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the card and its credit facility is already registered to your credit score from the time you first received the card.
as long as you either don't use the card or pay the card balance each and every month you use it; your credit score will not be touched ~ positively or negatively.
Not abusing what credit has been extended to you and registered to the bureau's is what is important.
Leaving them in the drawer doesn't hurt your credit score.
Its urban myth that the USE of a credit card increased your bureau score.
There are differences with prepaid credit card and people that are trying to re-establish bad credit . .. I'm speaking about the people that haven't damaged anything |
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Sophie B
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if it's the only credit you have, it might hurt your credit score...
and if it's a store card, that you don't use it might get canceled.....
Credit score isn't going to be as big of a deal, in the near future, because lending institutions are going to go back to investigating credit history, and expecting bigger DPs on houses and cars.... |
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constantly learning
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Not using your credit card is great, it means your not in debt.
A credit card should only be an emergency purchase thing, I personally only use mine for online purchases and i pay it off within the same day using online banking.
In all honesty staying debt free is better than being offered a chance to increase your limit (if you ha vent needed to use it at the base limit why would you need to increase it)
Try to think of a credit card as a phone a friend (used only when desperate)
Hope this helps. |
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Unconditional <3
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yes because it depends when it expires |
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