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What else can I help you with?
Will credit card increase my score?
That depends on the consumer using the credit card. Paying on time and keeping low balances will keep your good credit standing ...good. Not paying on time and having the balance close to the credit limit will decrease your credit score dramatically Having a lot of credit cards is not good either because the risk of possibly being in debt is high. Also if you apply for a new credit card it will reduce your credit score because it's consider a new loan with no credit history, as the credit card gets older and more established the score will go back up.
what is a good credit card rate?
A good credit card rate depends worldwide. However, a good credit card rate would range from 6% to 8%. But a credit card rate of 5% is more than what most credit card companies ask for. As for Visa, can be from 11% to 20%, depending on the type of card that you are applying for under the company.
Why is it important to have a good credit rating?
Good credit is important because credit checks are becoming increasingly more common - to ensure the reliability of investors/customers/employees. For example, it is nearly impossible to rent an apartment, acquire a credit card or loan, or request services from a utility company without having your credit checked.
Where can a person find a credit card payment calculator?
There are many credit card payment calculators that can be found online. Contacting your credit card company and asking for advice might be a better idea as they have more experience and benefit from their clients having a healthy credit score.
What are the disadvantages of a poor credit card?
Having a credit card is not always an easy job. There are advantages, but also disadvantages. One of the disadvantage is to have a poor credit card record which means that the credit card is being overused. With the poor credit card record, the applicant would find it difficult to approach the amount, because it would be more expensive than normal.
Will credit card increase my score?
That depends on the consumer using the credit card. Paying on time and keeping low balances will keep your good credit standing ...good. Not paying on time and having the balance close to the credit limit will decrease your credit score dramatically Having a lot of credit cards is not good either because the risk of possibly being in debt is high. Also if you apply for a new credit card it will reduce your credit score because it's consider a new loan with no credit history, as the credit card gets older and more established the score will go back up.
what is a good credit card rate?
A good credit card rate depends worldwide. However, a good credit card rate would range from 6% to 8%. But a credit card rate of 5% is more than what most credit card companies ask for. As for Visa, can be from 11% to 20%, depending on the type of card that you are applying for under the company.
What are some advantages of having good credit?
some advantages of having good credit is the ability to get more credit. With good credit you are eligible for credit cards, mortgages, and any thing else that requires you to borrow money. With bad credit you can't get loans and you usually pay more for the things you want.
What are the advantages of having a business credit card?
Well, there are many advantages to having business credit cards which includes, lower interest rates, and rewards program. Most credit card companies have different prices when it comes to the price for a business credit card. However, it would cost around one hundred dollars, more or less to apply for a business credit card.
Where can one get a car loan with no credit history or credit card?
Not having a credit history or credit card is not the same thing as having bad credit history. By having a larger down payment, the amount of risk to the lender is decreased. Some banks specialize on loans for people with no credit history, and it is always a good idea to approach these first. Some lenders may impose certain vehicle choices on the borrower, as certain cars are a more solid investment than others.
Why is it important to have a good credit?
Good credit is important because credit checks are becoming increasingly more common - to ensure the reliability of investors/customers/employees. For example, it is nearly impossible to rent an apartment, acquire a credit card or loan, or request services from a utility company without having your credit checked.
Why is it important to have a good credit rating?
Good credit is important because credit checks are becoming increasingly more common - to ensure the reliability of investors/customers/employees. For example, it is nearly impossible to rent an apartment, acquire a credit card or loan, or request services from a utility company without having your credit checked.
Where can a person find a credit card payment calculator?
There are many credit card payment calculators that can be found online. Contacting your credit card company and asking for advice might be a better idea as they have more experience and benefit from their clients having a healthy credit score.
What are some advantages of having credit?
some advantages of having good credit is the ability to get more credit. With good credit you are eligible for credit cards, mortgages, and any thing else that requires you to borrow money. With bad credit you can't get loans and you usually pay more for the things you want.
What are the disadvantages of a poor credit card?
Having a credit card is not always an easy job. There are advantages, but also disadvantages. One of the disadvantage is to have a poor credit card record which means that the credit card is being overused. With the poor credit card record, the applicant would find it difficult to approach the amount, because it would be more expensive than normal.
Where i can find a good premiere credit card?
Your local bank will be the best place to find information about where to get a good premiere credit card that you can afford. In addition, many credit companies have phone numbers you can call to get more information on their cards.
Does having a cosigner help your credit?
Yes, having a cosigner on a loan or line of credit/ credit card can help your credit. It can help because, assuming they have good credit, you are more likely to get approved, which gives you a chance to build your credit. The danger is if the cosigner where to default on payments or abuse the account (such as using a credit card you both are signers on to rack up a lot of debt). So if you pick your cosigner carefully it can help you- but remember what you do on the account effects their credit, so make sure you are also responsible with the account.
