Archive for May 2008

Jim D asked: I have paid down some balances already for some time but the changes are not appearing on my credit report. I’m not pulling up my credit however, I have alerts when my scores go up or down or if there’s inquiries etc. Do I have to ask them to report the change [...]

tgent2k1 asked: I have 4 credit cards (limits are 1000, 3300, and two 500s) and was considering getting rid of one 500 credit card. Should I pay the whole thing off and KEEP it or GET RID of it??

R Bennett asked: If you open a credit card, but don’t use it or don’t carry a debt balance. I read the more inquiries on your credit score, the lower it goes. I found a deal where I can get free stuff through Discover card just by opening a new card.Thanks!

Essex B asked: If i had a credit card with a 500 credit limit and charged $140
is it best to pay the minimun payment on TIME untill the $140 charge is paid in full ….or pay the whole $140 before the due date using bill pay or on the due date ? which way [...]

flori0009 asked: I have years of excellent on-time rental history, however I have no credit because I’ve never been in debt (always pay bills on time) go figure. I was wondering which credit cards I could apply for, for the first time. Wal-Mart Credit card rejected me because I have no credit, and I’m just [...]

aShLeY asked: im trying to find a store that i can get a charge card. im trying to improve my credit. I have a score thats really low and ive even tried orchard bank. any ideas for some store credit options????????
also i do have a repo on there and only one credit card. ive tried [...]

kit asked: I have a lot of credit cards to pay and always make the minimum sometimes a little bit more then the minimum per month. But I don’t know the difference between good credit and bad credit. Does bad credit involve not paying your credit? what is the difference between these two terms?