Questions tagged [credit-score]
A credit score is a weighted number computed to determine your credit worthiness, and is relevant when arranging for credit or a loan. This tag is to be used for questions related to understanding how things would impact your credit score. Related tags are credit-history, credit-rating and credit-report.
134
questions
2
votes
4
answers
369
views
Is keeping a credit card with a fee open worth the positive impact on credit score? (due to age of account)
I have recently paid off my credit cards and would like to close most of them. I have six cards total, three of which are no-brainers to close. The newest card (less then one month old) has quite a ...
user27010
2
votes
2
answers
1k
views
If I increase my credit limit will my credit score go up?
Up until 2 months ago or so I had a credit score in the low 800s range. I recently opened a new credit card account and put a bunch of debt on it which I plan to pay off over an extended period. This ...
2
votes
1
answer
13k
views
Can you pay off lease early?
If I pay off lease amount early for a car, is there any impact on my credit?
Let's say I'm paying $400/month for 36 months, which is 14,400 total. If I pay 14,400 within 6 months, are there any ...
- 199
2
votes
3
answers
321
views
What is the best way to fix my credit?
My credit has been really poor for a lot of years. I really want to be able to have better credit but everything I do does not help. Can anyone give me any insight on how to fix it up?
- 79
2
votes
2
answers
362
views
Does length of credit history or percent of credit used count for more?
When I was back in college my mom added me as an authorized user to her credit cards. I have now graduated and been paying my own student loans (on time) for the past year. In checking my credit ...
- 21
1
vote
2
answers
14k
views
Lost credit card replaced with new card and new numbers. Credit score affected?
I recently left my credit card at a bar so I reported it as lost to my bank, and my bank said I will get a replacement within a few days. For what it's worth, I picked my card up from the bar a few ...
- 8,513
0
votes
1
answer
974
views
Using credit card near the closing date
Say my closing date is on April 28. and I currently have $0 balance. Is it ok to use the credit to buy something around today (April 24)? Or should I keep my $0 balance until the next closing date and ...
- 11
0
votes
4
answers
484
views
Is opening a new credit card worth the potential impact?
I'm trying to decide whether or not I should open up a second credit card. The primary reason is to have a backup credit card in case my only (and oldest) card is cancelled/eliminated for any reason. ...
- 2,065
61
votes
5
answers
25k
views
Should I worry about having my credit pulled multiple times while car shopping?
I went to a dealership today and they pulled my credit after a test drive. I've heard that as long as you get your credit pulled for an auto loan within a few days, multiple pulls will only count as ...
- 489
48
votes
12
answers
12k
views
How can sister protect herself from impulse purchases with a credit card?
My little sister is 18, and currently has a bank account with a debit card. She and mom believe it might be time to get her a credit card, mostly to build up her credit rating than out of necessity.
...
- 463
25
votes
8
answers
23k
views
Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics?
Much of the information I stumbled accross (including a short article written by an esteemed member of this site) around the internet indicates that having a credit card utilization of 0% is a ...
- 1,573
23
votes
4
answers
12k
views
Is a high credit limit on a credit card bad?
I've had a credit card for a long time, and every so often they've sent letters telling me they're increasing my available credit. Does it negatively affect my credit score to have a high limit, one ...
- 859
20
votes
4
answers
7k
views
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
8
answers
38k
views
What's the average credit limit?
For a number of reasons, I recently asked my credit card company for a credit limit increase. I was hoping they'd propose a new limit to me, but they instead the reverse happened: they asked how much ...
- 7,437
16
votes
4
answers
5k
views
What's the fastest way I can raise my credit score from nothing?
I'm very fortunate to have had no need for a credit card and I don't own one (debit card only), I have no debt and an excellent job. I attempted to open an account with a respected online-only bank ...
