Posts Tagged ‘ Lot ’

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 is the difference between good credit and bad credit?

What is the difference between good credit and bad credit?

kit asked: I have a lot of credit cards to pay and always make the minimum sometimes a little bit more then the minimum per month. But I don’t know the difference between good credit and bad credit. Does bad credit involve not paying your credit? what is the difference between these two terms?
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Posted in Improve Credit Score | 4 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 »

What is the fastest way to build credit without having large amounts of money to invest in it?

What is the fastest way to build credit without having large amounts of money to invest in it?

Carolyn Millsap Emery asked: I have never done anything to build my credit in the past. I have a very secure job, but it doesn’t pay very well. My fiance is just trying to rebuild his credit from some negative things that were on it but I’d like to build mine so we can...
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Posted in Building Good Credit | 6 Comments »

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