Archive for April 2008

Kaytee asked: My current credit score is 745 and I’ve built it solely by using credit cards and paying on time (but never had any loans). Somebody told me that the abscence of installement-paid loan will prevent my score from climbing much higher. Is it true? Should I take some consumer loan to boost my [...]

рождrevive asked: When I use my bank card to purchase something I’m asked credit or debit. Sometimes I say credit, and other times I say debit. What exactly is the difference?

i rock! asked: I requested a new credit card with a lower interest rate than my two cards now with the intentions of paying off the two cards with my new card. The new card credit limit is not enough to pay off the other two, however, so I don’t want it anymore. I requested [...]

SK asked: I’m a college student with no credit but I want to get a credit card. What are some of the best credit cards for students? I’m planning to make small purchases and paying them off the next month to build credit. What other ways can I build my credit?

indrep33 asked: I want to apply for a credit card that starts out with a minimum credit line of $300. If I get it, it will be my first credit card. If I get the $300 credit, I want to make a purchase for like $200. Is this a good thing or a bad thing [...]

Curtis A asked: I have good credit but Im just wandering if there are any mistakes I could be doing without knowing, of what i can do to make my credit excellent.

A Lewis asked: I got a secured Mastercard back a few months ago from Orchard Bank. It requires you to make a deposit and whatever your deposit is, that is your credit limit. It also says that you are eligible for credit increase. How long does it usually take to get a credit increase? I [...]

Branden F asked: I am 20 years old, live with my parents right now and go to college. I only have my cell phone to pay right now and take the city bus to school. Im not sure what my credit is but i know i was approved from my cell phone company and [...]