Comments on: At what point do your credit cards start hurting your credit? http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/ Call 888-653-9681 To Get Debt Help Now! Sun, 19 Feb 2012 11:44:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: SPIFIMAN1 http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1449 SPIFIMAN1 Tue, 21 Jul 2009 21:44:43 +0000 http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1449 Boy did you get some lame answers. The right balance is below 30% of your credit limit. Boy did you get some lame answers.

The right balance is below 30% of your credit limit.

]]> By: heybulldog http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1448 heybulldog Sun, 19 Jul 2009 00:22:51 +0000 http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1448 dont obsess with you fico (I Love Debt ) score. Banks spend millions brainwashing people into thinking they need credit cards and a high I Love Debt score to make it in todays world. Not True. If you pay as you go you will win with money. Credit card companies make all the rules and can change the rules anytime they want. Just read the fine print. Go to daveramsey.com and listen to his radio show or watch his show on Fox Business News Network. He has lots of great advice on money and debt. Debt Free is Definitely the way to be! dont obsess with you fico (I Love Debt ) score.
Banks spend millions brainwashing people into thinking they need credit cards and a high I Love Debt score to make it in todays world. Not True.
If you pay as you go you will win with money.

Credit card companies make all the rules and can change the rules anytime they want. Just read the fine print.

Go to daveramsey.com and listen to his radio show or watch his show on Fox Business News Network. He has lots of great advice on money and debt.

Debt Free is Definitely the way to be!

]]> By: Duane http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1447 Duane Fri, 17 Jul 2009 12:21:12 +0000 http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1447 If their maxxed out for more than 6 months. It's best to have your balance at 30% of your credit limit, but if you can pay it back soon, you can use your maximum credit balance if you pay 70$ off within 90 days. It usually takes the 3 credit bureaus that long to adjust your balances in your credit reports. Go to my website and look up "how credit scoring works". That section would be helpful because it explains in great detail how your credit score is calculated and that would require too much page space to post it here. If their maxxed out for more than 6 months. It’s best to have your balance at 30% of your credit limit, but if you can pay it back soon, you can use your maximum credit balance if you pay 70$ off within 90 days.

It usually takes the 3 credit bureaus that long to adjust your balances in your credit reports. Go to my website and look up “how credit scoring works”. That section would be helpful because it explains in great detail how your credit score is calculated and that would require too much page space to post it here.

]]> By: willeebee http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1446 willeebee Thu, 16 Jul 2009 06:54:09 +0000 http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1446 You really don't want or need credit if you ever want to be financially fit. Society has brainwashed everyone into thinking that you need a good credit score to get what you want. This is false. If I were you, I would, read "My Total money makeover" by Dave Ramsey. You will never think about money the same way again. Cash is King ! You really don’t want or need credit if you ever want to be financially fit. Society has brainwashed everyone into thinking that you need a good credit score to get what you want. This is false. If I were you, I would, read “My Total money makeover” by Dave Ramsey. You will never think about money the same way again. Cash is King !

]]> By: Eric http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1445 Eric Mon, 13 Jul 2009 08:08:56 +0000 http://www.gettingbestcredit.com/credit/at-what-point-do-your-credit-cards-start-hurting-your-credit/#comment-1445 Different scoring models have different thresholds. In addition, different creditors (not the credit scoring companies) have different standards. But it goes without saying that the higher your debt-to-limit ratio is, the lower your score goes. I'd guess you're good with a ratio that is under 25%. Different scoring models have different thresholds. In addition, different creditors (not the credit scoring companies) have different standards. But it goes without saying that the higher your debt-to-limit ratio is, the lower your score goes. I’d guess you’re good with a ratio that is under 25%.

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