Posts Tagged ‘ Building Good Credit ’

As far as credit history building is concerned, does it help to use 2 credit cards compared to one?

As far as credit history building is concerned, does it help to use 2 credit cards compared to one?

aeg22 asked: I haven 2 credit cards but i never used the other one. Does it help to use both to build credit? Does it harm my credit not using the other one? They are from different banks. I am renting an apartment and paying my light bills, does it help build credit too?...
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Posted in Building Good Credit | 4 Comments »

Building good credit: Does it help to have various types of credit cards?

Building good credit: Does it help to have various types of credit cards?

H2Oskier asked: I currently have two Mastercards– one from my bank, and one from Capital One. My credit has been steadily improving. Would it help to have other cards, ie. Discover, American Express, etc??
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Posted in Building Good Credit | 5 Comments »

How do I establish and start building credit, when it’s already bad?

How do I establish and start building credit, when it’s already bad?

MedeivelReign asked: I have never established credit, nor have I ever had a credit card. I would like to start building my credit to be good, however, I have a few debts (that I believe to be on my credit) like a $200 hospital bill and a few other things that I never paid…...
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Posted in Building Good Credit | 7 Comments »

Is it best to pay a vehicle off as soon as possible when building credit?

Is it best to pay a vehicle off as soon as possible when building credit?

midnightslasher83 asked: Ok, here’s the deal. I just bought a low-mileage 98 Mazda pickup about 2 weeks ago and got it financed for 3 years at $197.00 a month. This is the first big purchase/loan that I’ve ever had put on my credit. I have enough money in my checking account to pay if...
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Posted in Building Good Credit | 10 Comments »

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