How does closing a secured credit card which I had for 2 years and haven’t been using in a long time affect my credit score?
How does closing a secured credit card which I had for 2 years and haven’t been using in a long time affect my credit score?
Where can I get a credit card with a $2000 credit limit or lower but with low interest rate if I have a credit score of 562?
Where and how can someone young get a credit card without a credit history and checking account?
How can I rebuild my credit score when I am currently disputing a lot of detracting info on my credit reports from all 3 agencies?
If I get a card with a $300 credit line and use around $200 for purchase how would this affect my credit score?.
The smart way to build your credit score is to use 50% of your credit line. Some of the best practices to raise your credit limit is to pay off your balance for that month or pay half the amount and the other half the next. Paying the minimum due may get you into trouble and would results to increase in your interest rate. However, if you cannot afford to do so then pay the minimum amount due just make sure though to make another payment for that month which is twice the minimum. This will renew the cc company’s trust in you and can confidently call them for a lower interest and a higher limit in 6 months.
What is the best visa card and travel credit card that earns point when you use it for purchase?
Person A has multiple credit card balances on high interest credit cards and Person B has a credit card with a much lower interest rate. Due to a poor credit history, Person A can’t obtain a low interest credit card. Is it possible to transfer Person A’s balance to Person B’s low interest card and have Person A pay Person B the monthly payments to pay down their high interest balances?
I opened a new credit card just to get a prize or rebate and a discount but I don’t really need this card. Would my credit score be greatly affected by closing this card right after opening it? Or I’ll just keep it open with zero balance?
I live in Alabama and the Statue of limitations on Open Accounts is 3 years. A collection agency is after me for an old Visa credit card debt. The lawyer I hired suggests that I settle because it is not an open account but a written contract account which has a SOL of 6 years. The collection agency provided a proof that I have signed the credit card application. The research that I have done mostly state that it is an open account but found one in wiki where a credit card could be a written contract. I want to know if my attorney is right before I go to court. I need facts not opinions.