Credit Score

Posts Tagged ‘credit score’

Is it true if i apply for a credit card and get rejected, my credit score will be lowered?

I want to apply for an American Express Blue Cash card. I’m 21 and I don’t know my credit score as of right now. I have one credit card right now with 0 balance from Bank of America. Should I apply for the AMEX card?

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Credit card to take a medical bill out of collections?

I never got the fine but now I’m being charged ,155 for an ambulance ride to the hospital a while back. I never received it in the mail so now it went to collections and it is accruing interest; .10% daily to be exact. That’s like 28 cents a day. They said that they will completely take it off my credit report as soon as it’s paid off. Should I just apply for a 0% credit card and pay it off with that so atleast it will clear my credit score of that huge descrepancy? I don’t know if I’ll even get approved for one at that rate first of all, then, I know if I use the card to more than half the limit, my credit score goes down. What should I do?

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Will my Credit Score drop if I don't pay off my Credit Card balance until the end of a 12 month 0% APR Period?

I am the guarantor on a new credit card I just got for my business. It has a ,000 spending limit and 0.0% APR for 12 months. If i spend up to that limit in the first two months and then wait another 10 months to pay off the full balance, will this affect my credit score?
How long will it take for my credit score to recover once I pay off the balance in full? One month? One year?

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does anyone know what site to go to to apply for a business credit card if you have not so good credit?

i am looking to apply for a business credit card for my small business that i have. my credit score is 566 but i am working with a credit repair agency to get it fixed. what are some good sites to go to for this.

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Is it bad to have had a bunch of different credit cards even if you’ve canceled them?

I always get the credit cards with 0% introductory interest rate and then once the 6 or 12 months or whatever the time frame is for teh introductory rate runs out then I cancel the card and get a different one with 0%. I usually only have 2-3 active cards at one time but is this hard on my credit to have had all these different cards even though I cancel them.
P.S. I have also always paid at least the minimum balance or more on time and I always get the full balance paid off before the introductory period is up.
The thing that people seem to be misunderstanding is that I’m not getting new credit cards constantly.I get a new one maybe once a year or every 15 months so they aren’t doing credit checks all the time. Plus I do have one card I have had for years so that helps to raise my credit. I’m not in huge debt and just moving the debt from card to card..as I explained before I pay off every card before I cancel it. I have good credit from a recent credit report. That’s not the issue! I just want to make sure it doesn’t lower my credit score by doing this.

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How to combine 3 Credit Cards Onto 1 Credit Card?

Want to combine 3 credit cards into 1 credit card (less than 2700 total) Anyone know of a credit card with 0 Balance transfer at 0% interest? Also who charges the balance transfer fee? The credit card im payin off or the new cc? tryin to save money Please help….thanks for input.
I was planning on opening another card with a better interest rate….like 0 for 6 months….will this hurt my credit score….like to keep it where its at…above 750

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Is it a bad idea to apply for a credit card while in the middle of a mortgage refinancing process?

I have a high credit score (760), and was approved for my bank’s best rate. The refinancing process is taking awhile, and I would like to get a better rewards card than what I have. Would it be a bad idea to apply for a new credit card before the refinancing closes?

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Is it a bad idea to apply for a credit card while in the middle of a mortgage refinancing process?

I have a high credit score (760), and was approved for my bank’s best rate. The refinancing process is taking awhile, and I would like to get a better rewards card than what I have. Would it be a bad idea to apply for a new credit card before the refinancing closes?

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How can I rebuild my credit if I'm in bankruptcy and my credit score is 0?

I’m in my 5th year of Bankruptcy (ch.7), I’ve paid my mortgage on time, I have only applied for credit once during that time. I have no other credit cards or loans, I don’t understand how my credit score is 0.
So, when we filed bankruptcy the credit score sort of resets to 0? Well, I thought that paying my mortgage on time would count for something to build on after 5 years. The mortgage is the only debt we have. 2 years ago we were turned down for a store credit card. I DON’T want to get into debt again, we learned that lesson very well. All we want is one major credit card with a low limit that we can have just for emergencies. I can’t find any banks that have secured cards either! I might try Orchard bank. And we don’t really need any store credit cards…now that would lead us to back into debt…I’ve no intention on doing that.

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After I pay off my credit card so the balance is $0, will my credit score immediatly improve?

I have about ,000 on my credit card. I have had the balance for a little over a year, and I’ve been paying minimum payments. I’ve been late on two payments. I finally am starting to put big monthly payments towards the card, about ,000 a month. When I have it paid off, will my credit score immediately improve to excellent? Will it improve at all? What can I expect? Thanks!