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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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19y ago

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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 do credit cards expire and need to be replaced?

Credit cards typically expire every 2 to 3 years and need to be replaced with a new card.


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.


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.

Related Questions

How often to credit cards expire?

every few years


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 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


How often do credit cards expire and need to be replaced?

Credit cards typically expire every 2 to 3 years and need to be replaced with a new card.


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.


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!


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.


How long until credit cards expire and need to be replaced?

Credit cards typically expire every 2 to 3 years and need to be replaced by the card issuer.


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

80%


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.