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Does keeping a balance on your credit card improve your credit report?
Wiki User
∙ 17y ago
Not necessarily. You should have a high credit limit, but not use more than 50% of it. This is what improves your score. As a good rule of thumb, don't get into credit debt. Pay off the balance.
Wiki User
∙ 17y ago
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If you pay off a credit card balance is it bad your my credit report?
not always, depends on your credit situation. keep using and paying off your credit card every month to improve your credit score
Is it correct for the loan amount of a foreclosed property to appear on a credit report?
what ever the balance was at the time of foreclosure will report on your credit report
What are three tips that can help improve the credit score of someone with poor credit history?
The best three tips is to close out credit cards with a paid balance, make payments on time, and try not to have too many lines of credit reflect on the credit report.
How long does a shortsale show on your credit report?
A shortsale will report as Settled for Less than the Full Balance and will stay on your credit report for 7 years.
Will keeping your house and car after bankruptcy help improve your credit score?
yes and no. If you don't' keep them; they will show up on your credit report as foreclosure and repo. However, if you keep them and keep paying; they won't keep updating your credit report with positive info- because, the debt was discharged. It's a double edge sword.
If you pay off a credit card balance is it bad your my credit report?
not always, depends on your credit situation. keep using and paying off your credit card every month to improve your credit score
Is it correct for the loan amount of a foreclosed property to appear on a credit report?
what ever the balance was at the time of foreclosure will report on your credit report
What are three tips that can help improve the credit score of someone with poor credit history?
The best three tips is to close out credit cards with a paid balance, make payments on time, and try not to have too many lines of credit reflect on the credit report.
How long does a shortsale show on your credit report?
A shortsale will report as Settled for Less than the Full Balance and will stay on your credit report for 7 years.
If you accept a settlement offered for less than the total balance of your defaulted student loan will it reflect negatively on your credit report?
YES BUT CAN IMPROVE YOUR DEBT TO INCOME RATIO
Will keeping your house and car after bankruptcy help improve your credit score?
yes and no. If you don't' keep them; they will show up on your credit report as foreclosure and repo. However, if you keep them and keep paying; they won't keep updating your credit report with positive info- because, the debt was discharged. It's a double edge sword.
Will a judgment be removed from a credit report if it is paid?
No. It will show that you had a judgment on your credit report for up to seven years, but it will show a zero balance.
Does the balance on a credit card show on your credit report if you are an authorized user on that card?
In a word, yes.
What are the examples for intensive reading?
book keeping report, insurance claim,contract
How do you find out who you owe on your credit report to improve your credit score?
When you pull your credit report you will notice at the very last pages of this report your creditor informaiton. This includes the name if the creditor, address, and phone number.
Can I start requesting a credit report form before I purchase a car?
yes you can definately report it.Every year, you can request a free report from any of the three credit. if you come to know and something is wrong You can improve your credit report legitimately and that can be beneficial.
Does paying a judgment improve credit report?
Yes it does. It shows that eventually you do pay.
