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It is best to pay the credit card bill in full each month. This shows resonsability of your part. Creditors want to see that you are not spending above your means. That you have learned your lesson my the bankruptcy.

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โˆ™ 2005-11-18 19:33:15
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Q: If you filed chapter 7 and you have a couple of small credit cards is it best to pay them in full every month and or not to pay them in full?
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How do I build up my credit score with credit cards?

You can build up your credit score with credit cards by wisely using your credit every month and paying it off in full every month. By paying off your cards, you slowly build up your credit score.


How many credit cards should you have to build credit?

Number of credit cards do not matter, what matters is your payments. As long as you pay in full every month and don't go over 30% on your credit cards you should see maximum results..


What are the positives of having a credit card?

Used properly, which means paying off the entire balance IN FULL every month, credit cards can actually help your personal credit rating and credit worthy score. Just keep a couple cards - in fact, if you have too many, that will actually do more harm than good on credit ratings. Also, don't max out the cards - EVER!! Doing that illustrates your lack of ability to control spending, which may put you at risk. Never charge more than you are capable of paying in full when the statement comes due. I do this with the two cards I have, and after a couple years doing that, my credit rating jumped up considerably.


How often to credit cards expire?

every few years


How bad is my credit due to unpaid credit cards?

You credit score will decrease significantly if you do not pay your minimum credit card payment every month. Unpaid cards will be reported as delinquent and really destroy your score.


When did credit cards start?

Credit cards were invented in 1950 by Frank X. McNamara and some buddies while out at dinner. it is part of the loan in every way


Which company does interest free credit cards?

Almost every major credit card company offers interest free credit cards. The factors that depend on your qualification include past credit history and current income.


What does it mean for an individual to have a personal line of credit?

Every individual has a line of credit. This line of credit is what determines your credit score and what will be used to approve or deny you credit cards or loans.


What magazine rates credit cards based on the lowest rate?

Time Magazine as well as Canadian living both feature articles about credit cards. Every bank and institution that offers credit cards has their interest rates available both on location and on their websites.


Where can one get a Mile credit card?

Mile credit cards can be obtained from various financial institutions either at the local branch or on-line. All Mile credit cards offer air miles with every purchase using the credit card.


Where can you use an amazon credit card?

Amazon credit cards can be used anywhere Visa credit cards are accepted! For every purchase you make you earn rewards which can be redeemed for cash!


What percent of Americans do not pay off their credit cards every month?

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Are low interest credit cards plentiful?

Yes, almost every major credit card company offers low interest credit cards. Each has their own requirements for being approved, but the most important is that the applicant has an excellent credit history.


Does Citizen's bank offer small business credit cards?

Every lender offers a variety of credit products, including credit cards. Every lender sets the standards and requirements for extending credit, including credit to business. Your best bet to learn about Citizen's policies is to go in and sit down with a customer service representative, who can fill you in on all the details.


How much plastic does the US use to make credit cards every year?

a lot


How do I find out if credit cards have been taken out in my name?

Ask for a credit check through a credit reference agency. A credit check on your personal details will reveal every card registered to you.


How much of a discount on gas do Shell credit cards provide?

Shell credit cards offer a range of discounts and offer for its users. If you use your Shell credit card at a Shell pump, you can save five cents for every gallon you buy.


What bad credit credit card has no annual fee?

While some credit cards that accept bad credit or no credit charge substantial annual fees and others are vague on their answers to that question until the application's fine print becomes available, prepaid cards generally charge no annual fee. Unfortunately, many prepaid cards do charge fees for every transaction.


Why did the attorney tell us it would be seven years for a Chapter 7 bankruptcy?

By law, a person (or couple) can only declare bankruptcy every seven years. If you go through with a Chapter 7 bankrupcy, it will take 7 years for it to rotate off of your credit history.


What companies makes credit cards for businesses?

There are too many companies to list who make credit cards for businesses. Every major bank would have a business credit card. The ones that come to mind are Bank of America, Wells Fargo, Citibank and Chase.


How do you get a credit card if your credit rating is low?

One way is to get a secured credit card, which means that you "load" the card with what you expect to spend. It's not really credit in that sense, so I'm not sure why many people do it. If you're not in a hurry (and with a low credit you shouldn't be in a hurry to get a credit card), you can start small by getting cards that are easy to obtain, like gas cards and cards for local retailers. Make small purchases and pay the balances every month. That will build your credit to a point where you can get a larger credit card.


What is the process to be accepted into a IQ Credit Union?

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How do you get your kid to grow up in harvest moon another wonderful life?

Every chapter your kid will grow up by a couple of years. If you do not complete the requirement for that chapter(propose to go onto 2nd chapter), you will be doing that chapter for years.


How many digits does a card number have?

Most credit and debit cards have sixteen digits. American Express cards have fifteen. Even fifteen digits is enough to allow every single person on Earth to have over a thousand credit cards, which is why it's unlikely that a random string of digits will turn out to be a valid credit card number.


What are some good credit cards for a student to have?

A credit card is something that every student over 18 needs because it helps them build up their credit rating by the time they graduate from college or university. Some of the good credit cards that offer credit cards for students are: Discover It for Students, Journey Student Rewards from Capital One, Citi Forward Card for college students, and Citi Dividend card for college students.

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