Posts Tagged ‘ Interest Rate ’

How do you cancel a credit card without losing a lot of good credit record?

How do you cancel a credit card without losing a lot of good credit record?

magicbob_10 asked: I have a Bank of America Credit Card and they just double the interest rate to 28 percent even to all good customers. I know by canceling it hurts my credit history.
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Posted in Improve Credit Score | 6 Comments »

What are the benefits of having a good credit score?

What are the benefits of having a good credit score?

Caesarion asked: I’m a college student who got a credit card a little less than a year ago. I spend a lot (around $700 a month) and always pay back the total in full before the due date. My bank has increased my credit line three times since because of my good credit. So...
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Posted in Improve Credit Score | 3 Comments »

Can I build a credit history for my LLC by linking it to my credit card?

Can I build a credit history for my LLC by linking it to my credit card?

drf2684 asked: I started an LLC after I purchased my first investment property. I would like to buy my next house using the LLC, but don’t know how to build a credit history. I have an excellent credit card (rewards and interest rate) that is no longer available. Can I add the LLC as...
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Posted in Building Good Credit | 1 Comment »

How to repair credit to purchase a home in the near future?

How to repair credit to purchase a home in the near future?

Mr. Knowledge asked: I have read through a lot of the questions that have already been asked but I have yet to find exactly what I am looking for. I have been slowly but surely paying off some of the items on my credit report, all of which are delinquent by several years. My...
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Posted in Improve Credit Score | 3 Comments »

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