Archive for October, 2006

What kind of credit score must you generally have to get a car loan at a bank?

Tuesday, October 17th, 2006

an1 asked: I want to buy a car but i’m in the process of re-building my credit. It was really bad but i’ve paid my credit cards off and its getting better. I was just wondering what an average score was to get a good car loan. Thanks!Dorethea Weisenburger

Share and Enjoy:

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • description
  • LinkedIn
  • Live
  • MySpace
  • Reddit
  • Technorati
  • Yahoo! Buzz
  • NewsVine

How do you lower your credit limit without lowering your overall credit score?

Friday, October 13th, 2006

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 [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • description
  • LinkedIn
  • Live
  • MySpace
  • Reddit
  • Technorati
  • Yahoo! Buzz
  • NewsVine

What happens to your credit score when you cancel a credit card?

Wednesday, October 11th, 2006

2nd Commander asked: say you are in good staying, never was late. always payed the balance. but you have too many credit cards let’s say. so when you cancel that credit card. what happens to your credit score? Does your credit limit you had for that card get erased from [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • description
  • LinkedIn
  • Live
  • MySpace
  • Reddit
  • Technorati
  • Yahoo! Buzz
  • NewsVine

My credit card balance is over 50%. How long will it take my credit score to go back up?

Tuesday, October 10th, 2006

Casey asked: Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I’m over 50% of the balance, and I just learned that’s bad for credit scores. I expect to be able to pay off the purchase in the next [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • description
  • LinkedIn
  • Live
  • MySpace
  • Reddit
  • Technorati
  • Yahoo! Buzz
  • NewsVine
structured settlement lump sum
credit repair credit cards