samuel samuel asked: Have a few credit cards with high rates that we no longer use. Is there anyway to get rid of a $10,000 credit limit on a card that has a zero balance without killing our ‘excellent’ credit scores?
We would like to increase the limit on our lower interest rate [...]
great_and_mighty_adam_levine asked: Basically, how current is the credit agencies records?
Under normal conditions, my credit utilizaiton varies wildly.
When applying for credit, I generally want 10-20% credit utilization. I can make that happen, but I wanted to know:
How long after I make it 10-20% should I apply for credit?
How long do I need to hold my [...]
Moris asked: When I go shopping, the store asks me if I want to save xx% off my purchase by signing up for a credit card. How bad will it affect my credit score if I sign up to get the discount. Pay it all off right away and canceling right after that? My first [...]
stuinblue asked: I would prefer answers from people who work in the credit industry and can tell me roughly the number of points, and how long it will take for my score to recover once the new higher available credit kicks in…
I know part of your credit score is determined by how much available credit [...]
Janie asked: When I turned 18 I knew I needed credit cards to grow credit. When I reached the $500 limit on my first card and the $2000 limit on my new card when I found that this was not good for my credit. I hear that as long as you don’t spend more than [...]
Double Negative asked: I see a great deal at a store to open up a credit card and get a prize or a rebate. If I want the big discount I open the credit card and then get the discount but I don’t want or need the credit card at all.
Is it better to [...]
antoniusb asked: My wife has no income or credit history. She received a credit card application in the mail. The application does not require me to put in any of my personal information but it does ask to state household income.
If she gets into trouble with her card, will it affect my credit or [...]
Doug G asked: I’ve opened a few credit cards lately, but don’t plan on using them, only for emergencies. Will just having 4 or 5 credit cars available for my use somehow hurt my credit score, or credit in general for future loans I might want?Karl
Mrs. Omarion asked: I am interested in renting/living in an apartment in Los Angeles, CA. This apartment is so beautiful and spacious. The rent is expensive because it cost about $1500/month to live there. I know that L.A. is expensive, but I always wanted to live there when I was a kid, since I am [...]
hydra1970 asked: What impact does closing credit cards have on your credit score?
I have a number of credits that I am not using. What impact if any would closing some of these accounts have on my credit score?Willie