Credit Score Of 800
July 10th, 2010
Question: Should I cancel one of my credit cards to improve my credit score?
Here’s some background info on myself: I’m a sophomore college student with 2 cards. My first card I’ve had about two years. It has an $800 credit limit but, because my bank messed up my cash deposit, one of my payments bounced. The APR jumped to 29.99% (and they won’t lower it), so I’m looking to cancel it.
My other card I got a year ago. Its got $1200 credit limit at 17% APR. I’ve never missed a payment with this card, but currently carry $1000 on it (because the other card’s APR is too high).
I also received a new card this month with a $2500 limit and 0 APR (incl transfers) for 6 months, which I have yet to activate. I want to cancel my first card with the high APR and bad history and then split my current $1000 debt between my second card and the new card. This way, my debt-to-credit limit ratio is lower and I’ll have less interest to pay. I can definitely pay off my debt within 2 months. Is this a good idea? How will it affect my credit score?
Answer: You are too smart for your own good. Between you and me, stop asking questions you obviously know the answer to.
Get Your 800+ Credit Score
Credit Score Us
July 8th, 2010
Question: What are the main companies in the US we can refer to check for the credit score points?
I am an international student planning to do a research about the credit score system in the US and how it works.
If any book(s) in mind, please let me know.
Answer: There are 3 main credit reporting agencies in the United States, Experian, TransUnion, and Equifax. All of them have websites and explanation pages that will help you understand the system. Also check out http://en.wikipedia.org/wiki/Consumer_credit_reporting_agency to get an overview of the system. Good luck with your research!
Brent Morgan -Free Credit Score Contest Entry (1 2 3 4 )
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Tags: credit, credit score us, credit score us gov, credit score us government, credit score usa, credit score used for mortgage, finance, free, money, score | 
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Credit Score History
July 5th, 2010
Question: Will I earn credit score (credit history) from an “extension” credit card with my wife?
I don’t have established credit score yet so my wife applied me an extension from her credit card, will I earn credit score from this? Thanks!
Answer: i found this awesome website and you can find more information,about your question,
Take your time to visit ,I hope this helps!
the-credit-score.blogspot.com
the–credit-cards.blogspot.com
secured-credit–cards.blogspot.com
Credit Made Clearer – How Credit Score Is Calculated & How To Improve Your Credit History
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Tags: credit, credit score history, creditreport, finance, money, report |
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