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Is paying the minimal on credit cards considered a sign of credit trouble?
Wiki User
∙ 12y ago
Paying the minimum amount due on credit card is not necessarily a sign of credit trouble because it actually makes the credit card account current.
Wiki User
∙ 12y ago
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Can a 400 bill that is unpaid affect your credit report even if you make payment arrangements with the debt collector?
Yes, especially if the arrangement is with a debt collection agency and not the original company. That you're paying the bill is good, but the history of having trouble paying it and the bill going into collections will be reported on your credit history.
Can paying off credit cards increase your credit score?
Yes off course. Paying off any debts will increase your credit score.
How can paying down your credit cards lower your credit score?
Paying down your credit cards won't lower your scores-- but paying off and closing the credit cards will lower the scores. You want to show that your cards are not maxed out and you have plenty of room between the credit limit and the balance .
Does paying your car loan on time raise my credit score?
Paying a debt on time improves your credit score if you had previously not been paying on time (or not at all!)
Do subsidized loans affect credit?
Subsidized loans will affect your credit score negatively if you are not paying them. If you are paying them, they will have a positive effect on your score.
can my home be taken from me if i have trouble paying a bill?
can my home be taken from me if i have trouble paying a medical bill?
how can i get help paying my credit cards and hospital bills?
help paying credit cards
Is it criminal case or civil case if you are not paying you credit card?
Not paying your credit card is typically considered a civil matter. The credit card company may take you to civil court to recover the debt through a lawsuit or collections agency, rather than pursuing criminal charges.
Can you get in trouble for not paying a medical provider you were reimbursed for?
You can get "in trouble" for not paying medical providers period; whether you were reimbursed or not is largely immaterial.
Can a 400 bill that is unpaid affect your credit report even if you make payment arrangements with the debt collector?
Yes, especially if the arrangement is with a debt collection agency and not the original company. That you're paying the bill is good, but the history of having trouble paying it and the bill going into collections will be reported on your credit history.
If your 19-year-old at college is authorized to use your credit card but not responsible for paying it why would it appear on his credit report?
I believe that since they are over 18 it is considered a part of the credit history, more so if their name is on the credit card too
What is an Example of good credit?
Paying off all credit cards each month Paying off all credit cards each month
Can paying off credit cards increase your credit score?
Yes off course. Paying off any debts will increase your credit score.
How can paying down your credit cards lower your credit score?
Paying down your credit cards won't lower your scores-- but paying off and closing the credit cards will lower the scores. You want to show that your cards are not maxed out and you have plenty of room between the credit limit and the balance .
Does paying your car loan on time raise my credit score?
Paying a debt on time improves your credit score if you had previously not been paying on time (or not at all!)
What is an example of exhibiting good credit?
Paying off all credit cards each month Paying off all credit cards each month
Does paying car insurance monthly build your credit?
Paying your insurance premiums do no report to any credit reporting bureaus.
