fania reikowsky asked:


I have recently paid off everything on my credit report. My credit score is slowly creeping up. I, like a lot of people, screwed up my credit when I was younger and am paying for it now. My Scores range from 579 – 618. Can someone give me some feedback please?

Evelyn

Jared asked:


I recently opened a new credit card and noticed that my fico score plumetted 50 points after doing so. How long will it take for credit score to get over the fact that I opened a new account and regain those 50 points?

Darren

tehhund asked:


How often do credit card companies report your revolving credit balance, and how long does that stay on your credit report?

For instance, if you have a high revolving credit balance and pay it all off one month (and stop using your credit cards for a few months), how long will it take for your credit score to improve based on your lower revolving debt balance?

Carla

toddbenny333 asked:


I started a small business 6 months ago that has been very successful. I have a business bank account, but have not done anything else to establish credit for the business.

I would like to lease a vehicle in the name of my small business and am curious if my business credit score would be too low?

Does anyone know a general guideline on how quickly a line of credit is established for a small business?

Glen

neken101 asked:


When you make a purchase with a credit card and receive the bill. After payment, what credit information and how long does it take to reach a credit bureau to affect your score?

Tonya

Thank you God! asked:


My credit score right now is around 750, but I recently wasn’t able to make a payment on one of my credit cards. I’m just wondering how much will my credit score be affected?

Ricky

swoop asked:


My credit limit is about $1200 and I’ve been spending about $300-$400 for the past three months but I have been paying most of it or all of it off, but is that bad or good for my credit?

Tara

Jahmyl E asked:


I have two credit cards. One is a CapitalOne card with a $750 credit limit. I was recently talked in to getting a new credit card with WellsFargo with a $1000 credit limit. I don’t feel safe having that amount anymore. I want to pay it all off and close it. I’ve had it for about a year. I’ve had the other one for about five years. Is that really bad for my credit score?

Frank

KAT188 asked:


How is bad credit and good credit determined, and given my situation, how do I make it better.
Please help because I’m thinking about giving a credit card a try since people owe hundreds and thousands of dollars on them, and somehow continue to be approved. Don’t get it.

Marilyn

natashaiera asked:


I got a letter back and my credit score is only 665. I only have 6 months of credit history, but all of my credit cards do have a pretty high balance, although I pay them all on time and I just opened an account with AT&T last month. Is my credit going to stay this bad as long as I keep a high balance on my credit cards? Or is it just high because I do not have a lot of credit experience?

Gary