Credit Help Now!

June 28, 2008

How soon does your credit score go up after you payoff your credit cards?

Filed under: Credit Score — Tags: , , — @ 6:26 am
credit score
tinajr83 asked:


I have 4 cards with balances on them and will be paying them off next month. How soon will that reflect on my credit score? These cards have been open for a year.

BEAL

June 23, 2008

Why is my Experian credit score different on the TransUnion website?

Filed under: Credit Score — Tags: , , , — @ 7:48 am
credit score
amandad asked:


I am currently enrolled in Experian credit monitoring. I signed up to get all 3 scores from TransUnion just to see if there was a difference and there is! My score on the Experian site is 75 points higher than the one TransUnion shows as my Experian score. How can that be?? Shouldn’t they be the same?

BURRELL

June 22, 2008

How much will my credit score go down by applying for a new card?

Filed under: Credit Score — Tags: , , , , — @ 6:35 pm
credit score
stuinblue asked:


I would prefer answers from people who work in the credit industry and can tell me roughly the number of points, and how long it will take for my score to recover once the new higher available credit kicks in…

I know part of your credit score is determined by how much available credit you have. I closed several cards a few years back before I knew it would hurt my score, and now I have very little credit available. I have excellent credit otherwise, and pay off anything I charge the next month. However, I do have a balance I’ve been slowly paying down, and want to open a new card so that my balance takes up less of a proportion to my total credit debt.

How much will this ding my credit in the short term? And how long will the point drop last?

BOOTH

Can you help me find a refinance loan without a credit check?

credit help
ChgoLake asked:


Can you please help? Do you know of any mortgage brokers that can do a refinance without a credit check. I am not a deadbeat, but have been trying to pay medical billls and got behind on my mortgage and would like to refinance. Please do not reply to call me deadbeat, loser, etc. I really need help, and don’t know what to do. Thank you kindly for your time.

WAGONER

June 15, 2008

What happens to your credit score when you cancel a credit card?

Filed under: Credit Score — Tags: , , , , , — @ 11:12 am
credit score
2nd Commander asked:


say you are in good staying, never was late. always payed the balance. but you have too many credit cards let’s say. so when you cancel that credit card. what happens to your credit score? Does your credit limit you had for that card get erased from the records? after all those years of building the credit limit to help the credit score. what happens to it? and what happens to your score? i’m just curious.

DODSON

June 13, 2008

can i get a credit card to help my credit?

credit help
rusty asked:


I have alot of bad accounts open and Im trying to pay all of them. How can I get a credit card to help me rebuild my credit, and which one should I get.

SCHMID

June 10, 2008

Will asking my credit card companies to reduce my account limit help me get a better mortgage?

credit help
chiquichin asked:


I ‘ve noticed that my two credit cards just increased my limits to more than 10k. I’ve heard that having too much potential credit is bad for mortgage lenders. Would it help if I get my credit card limits down?

BUSTAMANTE

June 9, 2008

How do I pay off my credit cards and loans if the credit company or the the credit cousenling won’t help?

credit help
chickiechick asked:


I have a debt of close to twenty thousand dollars. This is one credit card and one loan. I owe close to 700 dollars a month for both of these (combined). I cannot pay it and live. They are both through the same bank, but the bank will not help me. They gave me a number to a credit counseling service but it won’t help me either. I don’t know what to do. I don’t want to use a credit settlement service because it supposedly ruins my credit, but it seems to me that my credit is ruined anyway. I need HELP!

WINN

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