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"Should" is a relative term. With a credit score of 514, you probably shouldn't be acquiring any additional debts until you resolve your current situation, as that's a very bad credit score. Whether you "could" is another matter. Some lenders will give anyone a loan regardless of credit, but with horrible loan terms that will only compound your financial well-being.

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17y ago

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How to quickly raise credit scores?

To quickly raise your credit scores you should pay off your credit cards, or get a credit card if you don't already have one.


I already have a checking account. What are your credit card options Do you have one with cash back?

American Express has a great credit card that gives 5 percent cash back on purchases.


What should be the first step in calculating a monthly credit finance charge?

change the percent to a decimal


What should be the first step in calculating a monthly credit card finance charge?

change the percent to a decimal


The consumer should not spend more than what percent of their take home pay each month on credit purchases?

Ideally, a consumer should not use credit to make purchases that the consumer would otherwise not afford. The consumer should aim to pay off all credit balances at the end of the month. Technically, the aim should be to spend 0% on credit purchases.


If I have 75 percent for a downpayment on a car will my credit score affect the remaining amount to be financed?

no you should be fine with the 75%


Where can one get a zero percent apr credit card?

One can get a zero percent apr credit card by going to the Credit Cards website. The website offers a number of credit cards deals including ones that have zero percent apr.


What should you do if a new card on an existing account was stolen activated and used while the holder was out of the country and was not discovered until the credit report was already messed up?

This is called Identity Theft. Contact your credit card company immediately and the credit bureaus on what you should do.


How much is a two percent purchase on a credit card?

It will depend on how much your credit limit is. For example, if your credit card limit is $500, a two percent purchase on your credit card would be $10.00


A consumer should not spend more than what percent of their take-home pay each month on credit purchases?

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Is Mewtwo hard to catch in FireRed?

Which credit cards do you already have? You should look into what you already have and what they offer. The best one I know about is American Express they offer the best reward program out there.


Where can one receive 0 percent on their credit card?

There are a number of different credit card companies that offer 0 percent APR credit cards. Some of the companies that offer 0 percent APR are Capital One and Discover.