Archive for March, 2008

Is it better to have 2 secured credit cards than 1 when building credit history?

Is it better to have 2 secured credit cards than 1 when building credit history?

dazed and confused asked: Should I apply for 2 secured credit cards? I am just building my credit history and I am wondering if it would make any difference if I apply to 1 or 2.
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Posted in Building Good Credit | 6 Comments »

bad credit personal loans with a cosginer?

bad credit personal loans with a cosginer?

Karen C asked: I need to borrow 15,000 unsecured personal loan. I have a credit score of 530, I have a cosigner who owns home, auto outright. Credit score is one of unique in these times it is over 700. What are my chances of getting the loan, and any suggestions on where I...
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Posted in Uncategorized | 3 Comments »

Do student loans look bad on your credit report?

Do student loans look bad on your credit report?

MissHot1 asked: I’m graduating from a community college soon, and will be transferring to a 4 year university. I’m taking time off to work and save up for the university. I’m nervous about taking out a student loan because i don’t want that debt hanging over my head for the next 5-10 years and...
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Posted in Uncategorized | 7 Comments »

How does an unused credit card report on your credit report?

How does an unused credit card report on your credit report?

Simpson C asked: If I have a credit card that I do not use, how does this account reflect on my credit report? Does it show an open account in good standing?
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Posted in Improve Credit Score | Comments Off

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