Posts tagged Bad Credit
My credit card balance is over 50%. How long will it take my credit score to go back up?
Apr 4th
Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I’m over 50% of the balance, and I just learned that’s bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks.Submited by:Casey
How can you raise you credit score even when you pay on time?
Mar 19th
Ok, past credit messed me up. I have a judgement thats almost paid off. I am trying to raise my credit score.I have 3 new accounts that I’ve paid on time for over 1 year. I read that one way to raise your score is to ” piggy back” on a relatives good credit ( have them add me to one of their good accounts and not use it) Is this safe, is it legal. I would love to hear constructive ways to increase my credit score. Please don’t judge me. Almost all of my ” bad” credit accounts have been paid off. I put my sons first when the divorce came. They lived in the house that I paid for while I lived in a basement.Submited by:amhjp1820
How do I rebuild my credit without having ever had any credit cards?
Jan 22nd
I have never had a credit card, but I have a few small bills in collections from when I was in college. They are old utilities bills, together totalling no more than $150. I haven’t been able to access my credit report online due to many address changes, but how bad can I expect my credit to be? How can I rebuild it now? I know debts in collections stay on your credit for 7 1/2 years whether you pay them or not. Help!Submited by:DDC
How good does your credit have to be for a corporate credit card?
Dec 25th
Jen asked:
I was just offered a new job. They told me in my new hire packet will be an application for a corporate credit card. If I have bad credit, what will happen here?!?