How much will closing a credit card account affect my credit rating?

Posts Tagged ‘credit rating’

How much will closing a credit card account affect my credit rating?

By Author on Monday, June 13th, 2011 | 3 Comments

Despite a flawless payment history over the last 20 years, Citibank is raising my rate by 5%. I would easily give them the heave-ho, but I’ve heard that a long-standing credit card account has a positive effect on your credit rating. How big a hit would my credit rating take if I closed the Citibank [...]

Loans despite bad credit rating

By Author on Tuesday, May 3rd, 2011 | No Comments

Get a loan if you have a bad credit rating There are some points in your life where you experience financial difficulty. It is an unavoidable situation in which the solely way out is to apply for a loan. If you have a bad credit however, making use of for loan may be tough for [...]

When you pay off a credit card is it better to reduce the credit limit or close the account?

By Author on Wednesday, April 6th, 2011 | 26 Comments

I’ve heard that once you pay off a credit card you shouldn’t close the account to keep a good credit score. I’ve also heard that even though one pays off his credit card reducing the credit limit is also not a good option for keeping a great credit rating. What is the best way to [...]

How much should i charge on my secured credit card to get the best credit rating?

By Author on Monday, March 21st, 2011 | 5 Comments

How much should i charge on my secured credit card to get the best credit rating? I can charge up to 0 on my secured credit card and want to know how much should I charge on my secured credit card to get the best credit rating. I need to build credit because I got [...]

credit card?

By Author on Sunday, January 30th, 2011 | 3 Comments

I am thinking of applying an unsecured credit card? My credit score is about 580-600. With my credit rating, what kind of unsecured card can I get? Has anyone with around my credit score got one? thanks Related Credit Card Sites

No Annual Fee Credit Cards

Posts Tagged ‘credit rating’