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Yes, debt does not disappear after a certain time-limit.

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17y ago

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If the credit card limit is 2000 dollars what amount should you keep on the card to improve your credit score?

use it but keep low balance, under 800-1000 at all times


Once you have completely paid off credit card debt should you throw away your credit cards or will this mess with your credit?

If you feel it absolutely necessary to "throw your card(s) away" after paying them off, I suggest to just cut the card, and toss. However, DO NOT, DO NOT close your credit card account! Why, you may ask . . . one of the things that effects your FICO score is your credit history with the credit card company. Another factor is the debt ratio. For instance, if you have a $2000 credit limit, and you have no balance on your card, that will positively affect your FICO score. But, on the same token, if you have a $2000 credit limit, with a $1500 balance on the card, that will reduce your FICO score.


When Henry had charged 612 dollars to his credit card the cost of his next purchase caused him to exceed his credit limit to 2000 dollars?

To determine the cost of Henry's next purchase that caused him to exceed his credit limit of $2000, we subtract his current balance of $612 from the limit. This means he could spend up to $2000 - $612 = $1388 without exceeding his limit. Therefore, any purchase over $1388 would lead him to exceed his credit limit.


When was Balance?

Off-Balance was created in 2000.


If a truck costing 32000 has a useful life of 5 years and a value of 2000 the declining-balance method annual depreciation would be?

32000-2000/5=31600


When was Perfect Balance created?

Perfect Balance was created in 2000.


When was Off-Balance created?

Off-Balance was created in 2000.


How long does it stay on credit report if filed in march of 2000?

while it may be available for longer...as it remains a matter of public record, the standard credit report format shows these for 10 years from dismissal.


How long will will my bankruptcy stay on my credit report if I filed in June 2000?

Ten years from the date of filing, unless the law changes between now and then.


When was Balance Point created?

Balance Point was created on 2000-11-01.


Is it good to pay off old bad credit on your credit report?

No. If you have an old deliquency on your credit history and you now decide to pay it, all you're doing is refreshing an old debt on your credit history. Ex. If you owe a credit card 400 bucks from let's say, 2000, and you pay it now, creditors will see that it took over six years for you to pay it and it will remain in negative status on your history. Remember that after seven years your credit gets a clean start again, so might as well let it run for 7 years. Leslie


If you had a judgment filed in 3-1-2000 and it has not been paid yet if you pay it now can they leave it on your credit report for 7 more years?

Derogatory information on a credit report normally stays with the record appx. 7 years..The longer you wait to pay, the longer it sticks with you.Remember..7 years is from the last activity.