Posts Tagged ‘ Lot ’

How exactly does a credit card work?

How exactly does a credit card work?

indrep33 asked: I want to apply for a credit card that starts out with a minimum credit line of $300. If I get it, it will be my first credit card. If I get the $300 credit, I want to make a purchase for like $200. Is this a good thing or a bad...
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Posted in Improve Credit Score | 11 Comments »

How many bank accounts and credit cards should I have?

How many bank accounts and credit cards should I have?

Pepper asked: I am currently a college student with 2 checking accounts (Wamu- 3 years & BOA- 1 year) and 1 credit card (Citi- 1 year). I have always met the requirements for my checking accounts and paid all my credit card bills on time. As for loans, I do have about $10,000 of...
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Posted in Improve Credit Score | 9 Comments »

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