1. This Board Rocks has been moved to a new domain: CarolinaPanthersForum.com

    All member accounts remain the same.

    Most of the content is here, as well. Except that the Preps Forum has been split off to its own board at: http://www.prepsforum.com

    Welcome to the new Carolina Panthers Forum!

    Dismiss Notice

Credit Cards affect on your credit score

Discussion in 'Money & Finance Forum' started by Thelt, Sep 1, 2006.

Page 2 of 2
  1. Sep 1, 2006 at 3:03 PM #11
    Trace

    Trace Full Access Member

    Age:
    58
    Posts:
    27,046
    Likes Received:
    0
    Joined:
    Jun 22, 2004
    Location:
    Nashville
    Try having a 0 balance and you won't have to worry.
     
  2. Sep 1, 2006 at 3:42 PM #12
    Thelt

    Thelt Full Access Member

    Age:
    53
    Posts:
    29,797
    Likes Received:
    0
    Joined:
    Jan 11, 2003
    Location:
    To the right
    Gee thanks I had not thought of that.
     
  3. Sep 2, 2006 at 7:34 AM #13
    WilliamJ

    WilliamJ SUPERMOD

    Age:
    56
    Posts:
    33,395
    Likes Received:
    0
    Joined:
    Jan 7, 2003
    Location:
    lost
    get one and use it frugally. it was the fastest way i rebuilt mt credit.

    thanks for info on the limit usage.
     
  4. Sep 2, 2006 at 6:11 PM #14
    Freakshow

    Freakshow Fuck you guys.

    Age:
    53
    Posts:
    6,944
    Likes Received:
    0
    Joined:
    Feb 7, 2002
    Location:
    Charlotte
    Get one right now. Use it occasionally so it reports. Maybe even keep a SMALL balance on it.

    And Sly is exactly right. Having a bunch of credit available is good. But you don't want to have a bunch of NEW credit available. OLD credit rules...New does not.

    I'll try to find some of the crap from my class and scan it in...
     
  5. Sep 2, 2006 at 6:29 PM #15
    VA49er

    VA49er Full Access Member

    Posts:
    22,561
    Likes Received:
    4
    Joined:
    Jun 14, 2003
    When my wife first got here she opened up one of those credit cards where they require you place a deposit for the credit limit. She did that for about a year, never missed a payment, and then that deposit was refunded to her. It's a good way to get started.
     
  6. Sep 3, 2006 at 11:01 AM #16
    Southern_Yankee

    Southern_Yankee Full Access Member

    Age:
    54
    Posts:
    18,749
    Likes Received:
    124
    Joined:
    Oct 24, 2003
    Location:
    up'air
    did she come from outer space?
     
  7. Sep 3, 2006 at 9:21 PM #17
    VA49er

    VA49er Full Access Member

    Posts:
    22,561
    Likes Received:
    4
    Joined:
    Jun 14, 2003
    Sometimes I think so, but, no, she did come from another country hence the not having a credit history.
     
Page 2 of 2

Share This Page