Archive for the ‘Credit’ Category

onlyinurdreams85 asked: I no longer have a credit card and every site I go to asks me to purchase my credit report. Is there anyway that I can get my report without using a credit card?

cb4556 asked: I found out my credit score is 550. Since then, I’ve paid some stuff off, leaving only a student loan, car payment,and 1 low credit credit card. How long will it take to increase? I want to buy a house in the next 2 years.

Simpson C asked: If I have a credit card that I do not use, how does this account reflect on my credit report? Does it show an open account in good standing?

AMEFIKA asked: When I apply for loans and tell the creditors what my credit score is they still run my credit. All the reports I read talk about the imporatnce of knowing your credit score and that’s fine. But what’s the importance of knowing my score when the creditors run it anyway? Also, [...]

*gYpSy* asked: Once I get rid of the others I have, I want to just keep one credit card on hand for security and/or neccesity.
What’s a good credit to have with a company that is not known for being terrible its customers?
Thanks

j j asked: When you check your credit score or report it shows that you have so much debt and then it shows available credit you have left if you were to get like a car loan or school loan. So how does a home loan fit into that. Do they go by that available [...]

Kelly M asked: I am a newly eightteen year old and my mom has been building my credit history for the last two years, so i have phenomial credit history.
I am looking for a credit card that has a good rewards program for me.
I looked into the american eagle card but it seems like it [...]

Caesarion asked: 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. [...]

Caesarion asked: 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. [...]

Simba asked: I’m considering getting a credit card and just having it draw from my checking account, would this build credit? Alternatively, I have a debit card that occasionally gets charged as credit, and it gets paid from the checking account all the same, does this affect my credit?
I’m only 18, and my school’s economics [...]