R Bennett wrote:


If you open a credit card, but don’t use it or don’t carry a debt balance. I read the more inquiries on your credit score, the lower it goes. I found a deal where I can get free stuff through Discover card just by opening a new card.Thanks!

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The Saints wrote:


This is the question for economics. Lamar just received notice his credit card company is increasing his credit card company by 1,000 dollars. Lamar is very happy about that. Comment on Lamars statement.

Thanks.

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changd089 wrote:


There’s has been some family and financial trouble lately and I am considering canceling my only credit card I’ve had for the past 10 years with good credit. I was wondering what would happen to my credit score if I closed it? Also, what are other possible repercussions if I do?
Would my credit score go down if I lowered the amount of credit I have available?

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nana_puddin_13 wrote:


I have one credit card with a credit line of 400(cash line of 80$). I know the max I can draw from an ATM is the 80$. But is there any way I can go into the bank and get the credit line deposited into my bank account?

Credit
Gordo wrote:


I bought my house by financing through the owner (Owner financing) because my credit was not great. I have never had anything repossesed or any major credit problems. Yet my credit is not all that great. I am wondering if it has to do with not financing my house through a mortgage company.

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Lisa C wrote:


I want a credit card. But everywhere I check its ages 18 and older. Isn’t there one company that lets teenagers join?

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ecolink wrote:


We are traveling from the United States and want to be prepared. Are credit cards accepted at most restaurants? Shops? Hotels?

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Black Jack wrote:


Say I have no credit at all, I get a crappy credit card and start making purchases/paying my bill on time. How long will it take for me to get ‘Good Credit’ assuming I make no late payments?

kamui r wrote:


I understand that credit score isn’t necessarily based on income but here’s my situation. I have about 16,000 in revolving debt with a 600 credit score. My yearly income has recently increased 10 fold which obviously improves my debt to income ratio. How long after this increase should I see improvements in my credit score and by how much. Also what triggers the credit bureaus that this increase in income has occurred?

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srvsc95 wrote:


I have a Xbox live account that is set to expire on 08/01/09, I don’t want to renew it but it is a real pain to get the credit card off. (ask anyone that has tried) My current card expires in 07/09, assuming the credit card company issues a new card number to me, will anything happen to that old card that was left on file with Xbox?

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