All Questions
Tagged with credit-score credit-report
153
questions
1
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1
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111
views
Is it normal for a Single error in credit report to make a big impact on one's credit score?
I just generated my credit report and it gave a score in the orange. Looking through the details in the report, I see only one "red mark" -- so presume this is the only thing that is ...
- 113
0
votes
2
answers
555
views
Is there any catch in life time free credit cards against fixed deposits?
Many banks have offerred me life time free credit cards because of my good credit score. However, there are some banks which did not offer any life time free credit card. However they offer credit ...
- 131
3
votes
0
answers
81
views
Best possible outcome from paying a charged-off account
I had an auto loan from 2011. All but about 1,800 USD was paid off. Various financial challenges and a dose of me sticking my head firmly in the sand led to the account being charged off. I handled ...
- 131
4
votes
4
answers
925
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Should I open a second credit card just to improve my credit score?
I have one credit card, which is the only line of credit that I've ever had. I've never missed a payment, keep my credit utilization ratio reasonably low, and haven't had any other negative impacts on ...
- 205
-1
votes
3
answers
201
views
Paying more than your monthly credit card balance?
When is it a good idea to pay more than your monthly credit card balance? When does that help, when is that not worth doing / doesn't do anything? Why is that a good idea? Does that help your credit ...
- 321
4
votes
3
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233
views
Will hard pull affect my credit score even if I don’t currently have one?
Background
I’m an international student who is currently on OPT
I just received my SSN 2 months ago
I have never applied for any credit card at any bank in America
I don’t have any student loan or ...
- 53
1
vote
2
answers
121
views
How do credit apps know credit details and scores even if there is a freeze on the credit records?
I went to apply for a loan online and was automatically denied because I had placed a freeze on my credit records after the data-breaches a few years ago. How is it that mobile apps (e.g. Credit Karma)...
- 151
5
votes
2
answers
491
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Can Having Less Debt Lower Your Credit Score?
Background:
In preparation to buy my first house I've started keeping an eye on my (Experian FICO) credit score, and I've been seeing behavior that is very strange. After a year of my credit score ...
0
votes
4
answers
3k
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Credit score dropped 73 points after applying for a new card?
Why did my credit score drop from a 762 to a 689?
According to creditkarma I got hit with:
JPMCB-Card Service: Opening a new account can temporarily lower your score because it adds a hard inquiry ...
- 281
2
votes
3
answers
532
views
Soft credit search without my permission
I recently bought a wallpaper sample for £1.99 online from a well known decorator company. I did not apply for credit for this purchase and paid the full amount at the time of purchase. I have since ...
- 21
0
votes
2
answers
175
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What is the effect of closing an account immediately after it is opened?
I applied for a credit card, intending to use an offer for no interest for X months on a purchase from the retailer offering me the card. They accepted the application, but informed me that I couldn't ...
3
votes
2
answers
239
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Credit utilization ratio, in practice
So, I am new to the US credit card system, and I have read about the credit utilization ratio around. Everyone talks about it as being the percentage of your current balance over your current credit ...
- 131
1
vote
6
answers
835
views
Applied for car loan and got denied: No credit history or no credit file
I am currently looking for a loan to purchase a new vehicle. I just called my bank, and after briefly discussing with them, they said that I can apply to a 2.74% loan. This is the best I have found so ...
- 11
0
votes
1
answer
195
views
When does credit card utilization matter?
I'm learning more about credit before I get a credit card, and I read that it's advised to never use more than 30% of your credit card's limit.
Let's say someone has a $2000 credit line and he spends ...
- 103
1
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1
answer
1k
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Are there negative consequences to having multiple credit monitoring services?
I already have one credit monitoring service that I am not paying for due to a security breach somewhere many years ago. I am not 100% sure but I think it expires/ends in a few years.
My data was ...
- 111