Is it better to pay off your credit card statement in full each month or should you leave a small balance each month, like $ 5? I’ve heard conflicting things. For example, paying each bill in full is better for your credit score versus leaving a $ 5 dollar balance. I’ve heard leaving a (small) [...]
I’m a college student who got a credit card a little less than a year ago. I spend a lot (around $ 700 a month) and always pay back the total in full before the due date. My bank has increased my credit line three times since because of my good credit. So are there [...]
I know credit cards,mortgages,and renting can affect your score. But what else? Can not paying medical bills,library late fees,phone bills,newspaper fees due, and cable bills, and also I bought a book from Reader’s Digest, and didn’t finish paying it off. Could all of these things affect my credit score?
Dec 022011
I am a single, first-time homebuyer and am curious how much I should expect to pay per month for homeowner’s insurance. My home budget is $ 100k and under; I will likely purchase a foreclosure and/or condo/townhouse. I have been steadily employed at the bank where I work for 3 years, have no debt aside [...]
I need help raising my credit score. I dont have any credit cards and my car is paid for…all of the bills I pay monthly dont report to my credit such as rent and utilities.All of the negative things on my credit are from when i was younger like old utilities that got sent to [...]
Dec 022011
Is it true if I should close my oldest credit card account that I have had but never used? Closing the account will help improve my credit score because I’ll have less potential credit card debt? Please advice.
I never checked my credit score before, or have I had a credit report done. I think i’m doing pretty good. I am financing a car on my own, and i got two credit cards. anyways. what’s the best way to check your credit score, and get a report. who are some trusted sources to [...]
My husband and I have two credit cards, both are about $ 1100. we have a couple medical bills that were sent to collections. If we pay everything off does our credit score get better? and how long does it usually take? Im just not really sure how all of this works. Thankyou!
Dec 022011
Is it better for your credit score to pay off the entire balance of your credit cards or to maintain a balance and pay the minimum amount every month so it shows your making payments on time?
I checked my credit score about a month ago on freecreditreport.com and my score was 665. This month I apply for a loan to purchase a home and because I had 2 credit cards almost max out my credit dropped to 590 (that is the score that the loan officer told me I got). I [...]
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