• Is it okay to destroy a credit card without closing it?

    Best answer: The few points you lost you will get back. Use the card for small things and pay the full balance each month and that will boost your score. Having a higher credit limit helps you in the long term. It lowers your utilization rate, a big part of your score. Let's say you have a $2,000 limit before it increased... show more
    Best answer: The few points you lost you will get back. Use the card for small things and pay the full balance each month and that will boost your score. Having a higher credit limit helps you in the long term. It lowers your utilization rate, a big part of your score. Let's say you have a $2,000 limit before it increased to $5,000. You make a $1,000 purchase. Before, you would be utilizing 50% of your available credit and that is harmful to your score. Now you are utilizing only 20%. The Big Three like to see that rate under 10%, but 20% is a lot better than 50%.

    I recommend not destroying the card. Keep using it but use it wisely, and your score will improve over time.
    21 answers · 4 days ago
  • Bills of deceased person.?

    A follow up to another question of mine...will credit card companies write off small balances when a person dies? For example, my grandmother had a Target credit card with balance of $33. She had a Chase card with balance of $111.23. She had a Kohl’s card with a $74 balance. I understand that these bills will need... show more
    A follow up to another question of mine...will credit card companies write off small balances when a person dies? For example, my grandmother had a Target credit card with balance of $33. She had a Chase card with balance of $111.23. She had a Kohl’s card with a $74 balance. I understand that these bills will need to be paid out of the estate, but is it unheard of for these companies to just let the balances go after they are cancelled?
    13 answers · 2 days ago
  • My debit card was rejected and I have money in my account what is the problem?

    I went online to order some food for lunch today and they said my card was declined and that is impossible because I checked my bank balnce and had money in my account why did this happen? I cant call the bank they are closed on Saturday
    I went online to order some food for lunch today and they said my card was declined and that is impossible because I checked my bank balnce and had money in my account why did this happen? I cant call the bank they are closed on Saturday
    7 answers · 21 hours ago
  • CarTitle loans - if you fall behind on payments, but you are paying something, is there any point at which the amount of debt is frozen?

    Best answer: Nope...you are going to keep getting charged interest until the loan is paid off or the car is repo'd. Title loan companies bank on you not paying the entire balance since the interest rates are high so they can keep rolling over the loan and charging interest.
    Best answer: Nope...you are going to keep getting charged interest until the loan is paid off or the car is repo'd. Title loan companies bank on you not paying the entire balance since the interest rates are high so they can keep rolling over the loan and charging interest.
    5 answers · 6 hours ago
  • Payment is sitting in my bank account as credit balance?

    I recently made a transfer to international bank to pay for stuff. They havent receive my payment and after an investigation, they told me that my payment is sitting in my bank account as credit balance. What does that mean? And what should I do?
    I recently made a transfer to international bank to pay for stuff. They havent receive my payment and after an investigation, they told me that my payment is sitting in my bank account as credit balance. What does that mean? And what should I do?
    7 answers · 3 days ago
  • Car finance?

    Is it possible/ where can I get finance as a 17 year old?
    Is it possible/ where can I get finance as a 17 year old?
    9 answers · 5 days ago
  • This is America so anything is possible. My credit score clocked in at 379. Figure that's good enough for new mortgage. Yes?

    This is America so anything is possible. My credit score clocked in at 379. Figure that's good enough for new mortgage. Who would be good bank to go?
    This is America so anything is possible. My credit score clocked in at 379. Figure that's good enough for new mortgage. Who would be good bank to go?
    23 answers · 1 week ago
  • Anyone know what kind of charge this might be?

    I have an unfamiliar payment on my credit card that says "INTERNATIONAL" followed by Vancouver BC of ~$130.00. Anyone know what kind of merchant this might be if it only says International
    I have an unfamiliar payment on my credit card that says "INTERNATIONAL" followed by Vancouver BC of ~$130.00. Anyone know what kind of merchant this might be if it only says International
    5 answers · 2 days ago
  • How to raise credit score?

    I ve never had a credit car or anything before but of course I know i need one so I applied for a credit card and they denied me but said they would tell me later in 10 days. So i applied to another one and they told me I was denied because i have too many inquiries. So if i can t get a credit card how can I build... show more
    I ve never had a credit car or anything before but of course I know i need one so I applied for a credit card and they denied me but said they would tell me later in 10 days. So i applied to another one and they told me I was denied because i have too many inquiries. So if i can t get a credit card how can I build my credit. And i am TRULY naive to this entire thing I really don t understand how someone looking at your credit hurts you and why apparently looking at my own does??? It just seems very stupid but I realize i am the one who just does not get it. Please help thanks
    8 answers · 5 days ago
  • How to make it impossible for a credit card company to lower your $20,000 credit line to $500?

    Best answer: The only time I have had a limit lowered was with a card I had not used in years.


    I have little to no concern that any of my cards would do that to me. Particularly the ones I use regularly.

    Its just not good business.

    Besides, 99% of the time, $500 would be plenty for me.
    Best answer: The only time I have had a limit lowered was with a card I had not used in years.


    I have little to no concern that any of my cards would do that to me. Particularly the ones I use regularly.

    Its just not good business.

    Besides, 99% of the time, $500 would be plenty for me.
    10 answers · 1 week ago
  • Credit Score Question.?

    3 answers · 3 days ago