Questions tagged [credit-history]
for questions related to credit worthiness history, related tags credit-score, credit-rating and credit-report
260
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Should I open a credit card when I turn 18 just to start a credit score?
I spend about $20-30 a week on my debit card, with periodic $200-300 purchases every few months. I've thought about getting a credit card the moment I turn 18 and using it to buy everything, then ...
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votes
12
answers
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Is it ever a good idea to close credit cards?
I have a bunch of credit cards with no balance, while others have fairly high balances. I'd like to close the 0 balance cards, but I know that will reduce my overall balance and hurt my credit rating, ...
- 635
37
votes
9
answers
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Purpose of having good credit when you are well-off?
I notice people talk about credit scores for many things, but typically they are:
Helping tools for mortgages;
Ability to get better loans;
Ability to get better financing options.
The general ...
user50524
27
votes
4
answers
6k
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$7300 medical billing error reported to credit agencies
I opened up a Credit Karma account and noticed a collection in the amount of $7368. It was originated from Eisenhower Medical center. So I called Eisenhower to inquire and after 45 minutes on the ...
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25
votes
6
answers
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Should I, as a young person, get a credit card with "bad" conditions?
I'm a twenty year old in Russia, not enrolled in education, working full-time officially for a software development company. I'm earning a taxed steady income that can be considered decent, yet when I ...
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23
votes
3
answers
729
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Global credit record: Would my good credit history apply internationally?
Does my credit record apply internationally?
For example, if I have a good credit record in Australia, with a car / house loan and a credit card or two, can my good credit rating be seen by banks and ...
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21
votes
4
answers
8k
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How to recover from credit score hit from paying off loan?
My credit score recently took a dip after I paid off my student loans recently.
When I look at the credit report via mint it shows a "not bad" rating for number of accounts opened. ("not bad" is the ...
- 660
21
votes
5
answers
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Confused: Should I be opening more no annual fee credit cards to improve my score with the intention to not use them?
I was told that having more cards and more open accounts was more of a risk factor since you have more credit to abuse. However, this seems to say otherwise that credit trackers actually encourage you ...
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votes
4
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What can I realistically do to raise my credit score?
I have a crappy credit score. My situation in a nutshell:
In the divorce, the ex got the home, which was then foreclosed on. My name was still on the mortgage. That was in 2009 or so.
I attempted ...
- 3,817
20
votes
3
answers
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Should I really pay off my entire credit card balance each month or should I maintain some balance?
I've heard two conflicting things:
One is that you should pay your entire credit every month, and the other that you should maintain roughly %30, %50 (it varies by who you ask) of your available ...
- 411
19
votes
5
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Is it true that it's better to have bad credit than no credit?
There's a popular saying:
It's better to have bad credit than no
credit.
Is this true?
- 293
18
votes
7
answers
7k
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Open many credit cards while I am young?
I just turned 19 years old and want to start planning for a future of good credit. Should I open many credit cards now so that in 10 years I will have a good history with many agencies, or is it ...
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16
votes
4
answers
33k
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Are credit histories/scores international?
I'm starting work in the US, and I'm wondering if my credit history will transfer. If not, is there a way for me to gain an "international" credit history, or equivalent, in expectation of other ...
- 1,659
16
votes
3
answers
976
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How can I build up credit using a credit card?
I am a poor/broke 20-something, I make minimum wage (or a few dollars above it.)
I've been trying to build up credit, in case I need it someday - the likely event my aging vehicle explodes, for ...
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15
votes
8
answers
1k
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Relocated to USA. How to get credit card without existing credit history / score?
I recently relocated to USA and have no Credit Score.
Is Secure Credit Card is the only option for me to start building my credit score?
Also please recommend which other credit cards are available ...
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