Tim asked:


I have only have one revolving credit card, and I have a very high credit score. Because of this overall score they subsequently increase my credit line, even though I don’t ask for or use this revolving line of credit. Question? I have been told if you ask for a credit line decrease they lower your overall credit score? Why? What can you do to minimize a lowered credit score?

Bonnie

mdk72003 asked:


i have a credit score of 615 and im trying really hard to get a motorcycle or a loan for one please somebody help me with a site or somethin i can go to, please no answers about how i should pay my bills on time to get better credit, im a college student i have none

Rose

hhhthegame asked:


I have 2 credit cards on my credit report that I’ve never used. I’ve heard that the less credit you have avaible the higher your score will be (less cards/credit to max out on). But I’ve also heard that if you close accounts it lowers your score. Should I close them?

Patrick

MR3000 asked:


I have a credit union visa credit card wth credit limit of 15K$
And Amex card with credit limit of 10K$
I spend around 3k$ including both the cards in a month.
Before the due date, i payoff all the amounst -3k$ ( no finance charges ).
I dont have any other loans.
I have credit score 690
what is the possibilty i will have the score of 850 in 2 years from now with this pace.
Is the high credit limit will affect my score ?

Stacey

Yesenia M asked:


How much will my credit score increase if I were to pay off 50% of my credit cards within a 2 month time frame? My current credit score is 568 and Im hoping to increase it to 700 Im planning on getting a car by the summer and I want a great credit score…

Lloyd

MiC asked:


I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off faster with a lower payment each month. Should I pay the cards directly or go through the credit counseling service? Which is better for my credit score?

Tanya

cher asked:


I want to find out what my credit report looks like and my credit score. Can someone offer advice to which websites I should go to that provides the best credit report and score for free?

Rodney

birdiegirl asked:


I have cleaned up my credit and my score is 661 right now. Should I wait until it gets over 700 before applying for a mortgage? Is there anything else I can do (besides paying bills on time) to get my credit score up a little higher?
I did get approved but at a 12.9% rate and would rather rent and wait until I got higher.

Jay

Don’t Worry About It? asked:


Ok, so I have two credit cards, one was a “student” credit card that didn’t seem to collect interest, the other just a regular rewards card. One card was maxed the other almost maxed. I paid them mostly on time for the most part.. making the minimum payments most months and sometimes more than the minimum while i would slack off and forget to pay them other months and just not care. I did not understand what any of it meant until my parents explained. So basically.. I’ve had it happen twice where I got a phone call from the bank requesting me to pay. And I would after this obvious reminder. How badly is my credit score hurt?….. Over 1700-1800 dollars worth of debt carried for over a year… This week I paid them both off fully at once. Was this a bad idea? How do I fix most of this?

I am a university student with no debt other than these 2 cards. My university tuition has been paid for in full and I’ve never needed a student loan or ever requested one. Next year I am thinking about having a student loan to raise my credit score? I have a cell bill that my parents pay every month on-time. I currently work part time… and am forever guaranteed my job (employed for the full year).. so in the winter time etc I can work whenever I have time off school. I make quite a bit of money and own my own vehicle fully paid for…and just pay rent yearly.
Is it good now .. that i’ve fully paid them both off.. to use my credit cards to buy things then when I get home pay them off right away? will that help?

Elsie

El Nino asked:


This is my first credit card ever, and i try not to be a big spender on it even though i have a balance due.
But i noticed that the company has increased my limit twice in a 6 month period. What does it mean? Is it a sign that my credit score got higher or is it a bad sign? please serious answers only! 10 points guaranteed.
Also, is it bad if i carry a balance at the end of each month? I do make regular payments which are much bigger than the minimum monthly payment required. But i wonder if it will have a negative effect on my credit score because my balance is not zero at the end of each month.

Lillian