Archive for August, 2006
lremmell64 asked:
Right now I qualify for a sub-prime loan but want to get a better interest rate, so that means I need to improve my credit score.
Kirsten Fennessey
Right now I qualify for a sub-prime loan but want to get a better interest rate, so that means I need to improve my credit score.
Kirsten Fennessey
christmastree asked:
I just got a credit card recently, and I thought I knew how to bring my credit up. I figured that if I paid my bill every month, that was really good and you would jump in the ratings. My mom says you should keep a little bit of a balance, and that looks better. That would mean I’d pay the interest rate. Why should I have to pay the credit card company to bring up my credit score? Is this right, and why does it work out like this?
Meagan Agnew
I just got a credit card recently, and I thought I knew how to bring my credit up. I figured that if I paid my bill every month, that was really good and you would jump in the ratings. My mom says you should keep a little bit of a balance, and that looks better. That would mean I’d pay the interest rate. Why should I have to pay the credit card company to bring up my credit score? Is this right, and why does it work out like this?
Meagan Agnew
mommy_2_little_man asked:
What happens to my credit score when I apply for a few credit cards and are not approved because they require excellent credit? Does it affect my ability to get approval on another credit card? How long is this for?
Jaclyn Defina
What happens to my credit score when I apply for a few credit cards and are not approved because they require excellent credit? Does it affect my ability to get approval on another credit card? How long is this for?
Jaclyn Defina
biggholt81 asked:
I don’t know my credit score, I am just now getting a checking account, and I have only used cash prior, so what score does everybody start out at?
Louie Doutt
I don’t know my credit score, I am just now getting a checking account, and I have only used cash prior, so what score does everybody start out at?
Louie Doutt
tak3032 asked:
I want to know how do they determine the credit score point system. I know what is credit and how it works. But I want to know the numbers part like if someone runs your credit report it takes off 2points from your score, another is what if your late on your payment how much does it take off then and if I have a loan for a certain amount does that mean I get a big score or a low score? I have some old accounts (5yrs old) that need to be paid off but if I do pay them off will it really make a difference on my score? Next thing you know I pay them off and then my score only goes up by 4 or 5 points or will I even get a point. What would be the purpose then? At the same time if creditors do look at my report yes it would show paid off but the history would still show that I was delinquent for 5yrs. Whose gonna want to give me a loan any ways? Basically what is the point system and how is it calculated? Let me know so I can start to repair my credit. Much thanks and I appreciate it!!!
Grant Rayne
I want to know how do they determine the credit score point system. I know what is credit and how it works. But I want to know the numbers part like if someone runs your credit report it takes off 2points from your score, another is what if your late on your payment how much does it take off then and if I have a loan for a certain amount does that mean I get a big score or a low score? I have some old accounts (5yrs old) that need to be paid off but if I do pay them off will it really make a difference on my score? Next thing you know I pay them off and then my score only goes up by 4 or 5 points or will I even get a point. What would be the purpose then? At the same time if creditors do look at my report yes it would show paid off but the history would still show that I was delinquent for 5yrs. Whose gonna want to give me a loan any ways? Basically what is the point system and how is it calculated? Let me know so I can start to repair my credit. Much thanks and I appreciate it!!!
Grant Rayne