How do high credit limits impact your credit score?

I have 3 credit cards (2 MasterCards and 1 retailer card). I pay off my balances monthly and therefore have no debt. One MasterCard has a credit limit of around ,000 and the other has a limit of ,000. The retail credit card (which I have only used once) has a limit of ,000. As [...]

Could closing my credit card accounts ruin my score?

I have 3 credit cards with a combined balance of a little over ,400. I’m no longer able to make any minimum payments on any of them and each month my balance gets higher and higher. Each card is now over 0 over the credit limit. I’m 19 and I want to go to college. [...]

How to raise my credit score once my credit cards are paid off?

How can I continue to raise my credit score once both of my credit cards have been paid off?I don’t plan on using either one of them unless its an emergency,but I don’t know how to keep getting my score to go up after that.Is there a way to get negative reports taken off my [...]

What is the first step to rebuilding my credit?

My husband and I were deep into credit card debt and barley making payments, then I lost my job and we fell behind on everything approx 8 cards our mortgage all utilities etc. We got on a consolation program for our credit cards and now have everything under control we haven’t had a late payment [...]

How to make payments for someone else's credit card debt?

Trying to think of a fast way of paying off a family members credit card. Can I add one of my bank accounts to their online card or do I have mail in a check. It does not look like you have the option of deleting a bank account. I am not familar with credit [...]

Will Washington Mutual ever stop harassing me? I am behind and want to be on payment plan-they wont budge?

They call three times a day- seven days a week- they dont speak English- they had me on payment plan for 3 months and won’t work with me anymore- they continue to charge 300 to my balance each month in finance charges- Other companies have neogitated the balance or lowered the interest rate- I just [...]

What would have more effect on raising my credit score? Paying off a new credit card or an old credit card?

I have enough money to pay off one of my credit cards. Should I pay down the oldest one or the newest one? Should I close the account? I’ve heard that keeping it open can be positive for your credit. Should I just pay off the one with the highest balance, or the highest interest [...]


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