Comments for Credit Card offers- Onile savings account- personal insurance http://www.cashorcredit24.com Find answers for all your financial problem Thu, 03 Mar 2011 21:38:38 +0000 hourly 1 http://wordpress.org/?v=3.1.2 Comment on 5 Tips to improve your credit score by mycreditgroup http://www.cashorcredit24.com/5-tips-to-improve-your-credit-score/comment-page-1#comment-2863 mycreditgroup Thu, 03 Mar 2011 21:38:38 +0000 http://www.cashorcredit24.com/?p=2684#comment-2863 Great post, with a lot of excellent points. It's also really helpful to get in contact with your creditors and find out when they report your info to the bureaus every month, so you can stay even further ahead of the game. Great post, with a lot of excellent points. It’s also really helpful to get in contact with your creditors and find out when they report your info to the bureaus every month, so you can stay even further ahead of the game.

]]> Comment on How to establish credit profile for college student by admin http://www.cashorcredit24.com/how-to-establish-credit-profile-for-college-student/comment-page-1#comment-2838 admin Fri, 28 Jan 2011 21:54:40 +0000 http://www.cashorcredit24.com/2577#comment-2838 I appreciate your inquiry. You will be charged a fee for posting article if you expect an outbound link. You can reach me at rhituparna17@gmail.com I appreciate your inquiry. You will be charged a fee for posting article if you expect an outbound link. You can reach me at rhituparna17@gmail.com

]]> Comment on How to establish credit profile for college student by Erica Smith http://www.cashorcredit24.com/how-to-establish-credit-profile-for-college-student/comment-page-1#comment-2837 Erica Smith Tue, 25 Jan 2011 05:10:32 +0000 http://www.cashorcredit24.com/2577#comment-2837 Hi, I want to submit 1 guest article in your site: http://www.cashorcredit24.com/, only if you permit me. My post will be totally unique and on the theme of your site. This unique content will be informative for your visitors. Awaiting for your reply soon. regards, Erica Smith ericasmith568(at)gmail.com Hi,
I want to submit 1 guest article in your site: http://www.cashorcredit24.com/, only if you permit me. My post will be totally unique and on the theme of your site. This unique content will be informative for your visitors.

Awaiting for your reply soon.

regards,
Erica Smith
ericasmith568(at)gmail.com

]]> Comment on What type of credit card can I apply for and get approved with current bad credit to start rebuilding? by owcsun http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding/comment-page-1#comment-2537 owcsun Mon, 03 May 2010 22:25:07 +0000 http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding#comment-2537 You should open a secured credit card through your bank for 1 year. After this your credit will be much better. You should open a secured credit card through your bank for 1 year. After this your credit will be much better.

]]> Comment on What type of credit card can I apply for and get approved with current bad credit to start rebuilding? by ajeff http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding/comment-page-1#comment-2536 ajeff Mon, 03 May 2010 22:19:57 +0000 http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding#comment-2536 If you're just looking to improve your credit, your best bet is to go with a secured credit card. This is kind of like a bank account that your credit limit is whatever amount of money you send them. There's usually a minimum though. You basically pay ahead of time, use that credit, and repay it. Once you've done that for a good 3-6 months, you may start to see good offers for unsecured credit cards rolling in. If you’re just looking to improve your credit, your best bet is to go with a secured credit card. This is kind of like a bank account that your credit limit is whatever amount of money you send them. There’s usually a minimum though. You basically pay ahead of time, use that credit, and repay it. Once you’ve done that for a good 3-6 months, you may start to see good offers for unsecured credit cards rolling in.

]]> Comment on Closing a credit card account that is inactive? How much will it affect my credit report? by teenriodoll http://www.cashorcredit24.com/closing-a-credit-card-account-that-is-inactive-how-much-will-it-affect-my-credit-report/comment-page-1#comment-2541 teenriodoll Sun, 02 May 2010 13:10:06 +0000 http://www.cashorcredit24.com/closing-a-credit-card-account-that-is-inactive-how-much-will-it-affect-my-credit-report#comment-2541 Why close an account that you have built up over two years is the better question? If it is secured and you have good payment history, why not call the issuing credit card company and ask them to give you a unsecured credit card? But to answer your question, it probably will have an effect but the effect is unknown without knowing more about your situation. No one can answer this question without knowing you entire credit file history. You can however, go to simulators like myfico.com or MSN has a simulator that will show what will happen if you close the account. I think it is better to keep it inactive and unsecured then closed. You never know when it could help and building credit is what you have done with your bill payment history. Good Luck Why close an account that you have built up over two years is the better question?

If it is secured and you have good payment history, why not call the issuing credit card company and ask them to give you a unsecured credit card?

But to answer your question, it probably will have an effect but the effect is unknown without knowing more about your situation. No one can answer this question without knowing you entire credit file history. You can however, go to simulators like myfico.com or MSN has a simulator that will show what will happen if you close the account.

I think it is better to keep it inactive and unsecured then closed. You never know when it could help and building credit is what you have done with your bill payment history.

Good Luck

]]> Comment on What type of credit card can I apply for and get approved with current bad credit to start rebuilding? by rrspiker http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding/comment-page-1#comment-2535 rrspiker Fri, 30 Apr 2010 23:37:49 +0000 http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding#comment-2535 orchard bank card ..but it will probably be a 300.00 limit...first premier bank will give you a higher limit..and its do able..good luck orchard bank card ..but it will probably be a 300.00 limit…first premier bank will give you a higher limit..and its do able..good luck

]]> Comment on What type of credit card can I apply for and get approved with current bad credit to start rebuilding? by Mister Mister http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding/comment-page-1#comment-2534 Mister Mister Fri, 30 Apr 2010 09:28:38 +0000 http://www.cashorcredit24.com/what-type-of-credit-card-can-i-apply-for-and-get-approved-with-current-bad-credit-to-start-rebuilding#comment-2534 Secured credit card would be your best bet. This will report to all 3 bureaus as a credit card, and will get you back into good habits of spending money on plastic. An unsecured credit card in the hands of someone with bad credit trying to rebuild, isn't always the best thing. A secured credit card is issued by many major banks. I would recommend the Bank Of America Secured VISA. You can start with as little as $300 on it, and continue to deposit money to the card. This will build your credit immensely. After 6 months of responsible use with this card, you score will likely have improved, as well as your financial responsibility, and you can then look into getting a "starter" unsecured credit card. Secured credit card would be your best bet. This will report to all 3 bureaus as a credit card, and will get you back into good habits of spending money on plastic. An unsecured credit card in the hands of someone with bad credit trying to rebuild, isn’t always the best thing. A secured credit card is issued by many major banks.

I would recommend the Bank Of America Secured VISA. You can start with as little as $300 on it, and continue to deposit money to the card. This will build your credit immensely. After 6 months of responsible use with this card, you score will likely have improved, as well as your financial responsibility, and you can then look into getting a “starter” unsecured credit card.

]]> Comment on Closing a credit card account that is inactive? How much will it affect my credit report? by JD_in_FL http://www.cashorcredit24.com/closing-a-credit-card-account-that-is-inactive-how-much-will-it-affect-my-credit-report/comment-page-1#comment-2540 JD_in_FL Fri, 30 Apr 2010 01:15:19 +0000 http://www.cashorcredit24.com/closing-a-credit-card-account-that-is-inactive-how-much-will-it-affect-my-credit-report#comment-2540 If nothing else, use it for a small purchase at least once a year and pay it off. If you do not use an account for 12 months, they might close it on you anyway. What hurts your credit the most is abuse, failure to pay, or using more than 30% of your limits. If you have three cards and pay them off each month, then spread the debt out so that no one card exceeds 30% of its limit. Having a card even with only a $300 limit, is $300 worth of credit. As soon as you close it, your available credit drops by $300, which could hurt you. If any of your cards are charging annual fees, consider getting another card with a higher limit and no fees. After you get the boost of the extra credit limit, then close the card with the fees. If nothing else, use it for a small purchase at least once a year and pay it off. If you do not use an account for 12 months, they might close it on you anyway.

What hurts your credit the most is abuse, failure to pay, or using more than 30% of your limits. If you have three cards and pay them off each month, then spread the debt out so that no one card exceeds 30% of its limit.

Having a card even with only a $300 limit, is $300 worth of credit. As soon as you close it, your available credit drops by $300, which could hurt you.

If any of your cards are charging annual fees, consider getting another card with a higher limit and no fees. After you get the boost of the extra credit limit, then close the card with the fees.

]]> Comment on Closing a credit card account that is inactive? How much will it affect my credit report? by JAY http://www.cashorcredit24.com/closing-a-credit-card-account-that-is-inactive-how-much-will-it-affect-my-credit-report/comment-page-1#comment-2539 JAY Thu, 29 Apr 2010 01:19:57 +0000 http://www.cashorcredit24.com/closing-a-credit-card-account-that-is-inactive-how-much-will-it-affect-my-credit-report#comment-2539 No harm to your credit No harm to your credit

]]>