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If you are referring to the monthly payments you make for a certain period in connection to a credit card loan, it is called monthly amortization.

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Q: What is it called when you pay off your credit cards monthly?
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Do Capital One credit cards make you pay a monthly fee?

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I am very much in debt with credit cards and can't help but use one monthly so that we can eat in this household. Is there a grant that I could be eligible for so that I can pay off the credit line?

What question?!!


Is it bad for your credit to have too many credit cards even if they are paid off in full every month?

yes, it is bad to have to many credit cards because it shows that you are able to spend this at any time you should keep 2 cards with the longest good credit history and cancel the rest. also to improve your credit history more spend $100 dollars and make monthly min. payments to show that you can pay off something and your credit score will really improve.


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Will opening three lines of new credit establish good credit in a year?

Not enough info given. HAve you been paying the cards off (or most of it) monthly? How bad is your credit now? 3lines of credit in a yr is pretty extreme. slow down, roncho.