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How might the use of credit for a large purchase affect your budget?
Wiki User
∙ 11y ago
It will mean you'll have to allocate more of the 'free cash' in your budget to paying off the credit.
Wiki User
∙ 11y ago
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How does the ratio of credit limit to your balance affect your credit?
I know this much: Your balance-to-limit ratio is 30% of the criteria that credit bureaus use to generate your credit score. That's a large chunk.
What is the best way to improve my credit score?
The best way to improve your cedit score is to get on the path to eliminating your debt and becoming responsible with money. You can do this by planning your purchases and using cash unless you are making a big purchase. If you are making a large purchase, make sure you have cash to back up your purchase if using credit. www.moneymanagement.org/
How can credit cards help you?
Credit cards can help you purchase numerous stuff without carrying large amount of money. Credit cards provide convenience, security, safety, and peace of mind. If you are in need of immediate cash, credit cards can also help you obtain cash.
Does having a large number of credit cards lost or stolen at different times affect one's credit score?
Lost/stolen card notations should not have any effect on a consumers' credit score, provided that the accounts are properly notated.
what is 0 credit cards used for?
It is not clear from the question what 0 credit cards are. The author might be referring to zero interest credit cards. Those are used for people making a large purchase that needs to be paid off over many months.
How does the ratio of credit limit to your balance affect your credit?
I know this much: Your balance-to-limit ratio is 30% of the criteria that credit bureaus use to generate your credit score. That's a large chunk.
Where can I purchase an wireless router for cheap?
The best place to purchase a cheap wireless router would be BestBuy or BestBuy.com. They have large selection of high quality routers to meet your budget.
Where can one purchase mail slots for a large business mail room?
One can purchase mail slots for a large business mail room at websites such as "Lewis University", "U Science", "SFU Mail and Courier Services" or "Budget Mailboxes".
How often should you get your credit report?
This is really a personal decision, but it makes sense to check your credit report prior to making a large purchase that you intend to finance. For example, buying a car or a home, are examples of big purchases in which you would want to check your credit well in advance of the purchase to make sure you have good credit.
Where can one purchase large Christmas stockings?
If referring to buying online (using credit/ debit card), one can easily purchase large Christmas stocking at Amazon. One can choose from different varieties that the site has to offer.
How did Jefferson's accomplishment of lowering government spending affect American history?
Lower then what? The only other budget was under Washington and Adams. The Government was too new to have much of a budget.None of the early Presidents wanted a large budget.
How can credit help you?
Credit cards can help you purchase numerous stuff without carrying large amount of money. Credit cards provide convenience, security, safety, and peace of mind. If you are in need of immediate cash, credit cards can also help you obtain cash.
What is the best way to improve my credit score?
The best way to improve your cedit score is to get on the path to eliminating your debt and becoming responsible with money. You can do this by planning your purchases and using cash unless you are making a big purchase. If you are making a large purchase, make sure you have cash to back up your purchase if using credit. www.moneymanagement.org/
How can credit cards help you?
Credit cards can help you purchase numerous stuff without carrying large amount of money. Credit cards provide convenience, security, safety, and peace of mind. If you are in need of immediate cash, credit cards can also help you obtain cash.
Where can I find the cheapest merchant credit card processing?
The cheapest by far for merchant credit card processing as a stand alone package would be through PayPal. You can get cheaper but only if you purchase large quota business packages made for large amounts of sales transactions.
Does having a large number of credit cards lost or stolen at different times affect one's credit score?
Lost/stolen card notations should not have any effect on a consumers' credit score, provided that the accounts are properly notated.
what is 0 credit cards used for?
It is not clear from the question what 0 credit cards are. The author might be referring to zero interest credit cards. Those are used for people making a large purchase that needs to be paid off over many months.
