Credit question...

Reply Subscribe

Thread Tools

Jul 30, 2008 | 09:43 PM

#21

white_n_slow

it's my D in a B

Joined: Aug 2001

Posts: 24,787

Likes: 1

From: Your Mom's House

Quote:

Originally Posted by RB

It's good if you continue to use your card as you have, because it would create a lower utilized-to-available debt ratio.

dizzot

Jul 30, 2008 | 09:46 PM

#22

white_n_slow

it's my D in a B

Joined: Aug 2001

Posts: 24,787

Likes: 1

From: Your Mom's House

Quote:

Originally Posted by F22B Prelude

Im only using 18% of my credit limit

letting a little bit ride month to month is actually usually better for your rating, even if it's not the best personal financial policy. :shhh:

Jul 30, 2008 | 09:55 PM

#23

b00gers

Joined: Jun 2001

Posts: 58,579

Likes: 0

From: Lll

I cycle through about 5% of my available credit on my main cc

Always paid in full though :run:

__________________
.

Jul 30, 2008 | 09:59 PM

#24

DakarM

Joined: Oct 2000

Posts: 44,908

Likes: 0

From: Location Location

Quote:

Originally Posted by b00gers

I cycle through about 5% of my available credit on my main cc

Always paid in full though :run:

balla!

1300 = 5%!!! 100% = balla!!!!!!

__________________
'00 Dakar Bus CRS Edition
LCD Squad #0001

Quote:

Originally Posted by WiLL

...I really wanna get out and shoot people.

Jul 30, 2008 | 10:11 PM

#25

b00gers

Joined: Jun 2001

Posts: 58,579

Likes: 0

From: Lll

Quote:

Originally Posted by DakarM

balla!

1300 = 5%!!! 100% = balla!!!!!!

Foo. I had $1300 in my piggy bank!

__________________
.

Jul 30, 2008 | 11:54 PM

#26

shabacash

I'M SO JDM, I HAVE SARS

Joined: Apr 2005

Posts: 4,537

Likes: 0

From: badalandbad

good for you, and them .

Jul 31, 2008 | 05:37 AM

#27

losiglow

Member

Joined: Dec 2005

Posts: 1,780

Likes: 0

From: Eagle Mountain, UT

Quote:

Originally Posted by white_n_slow

letting a little bit ride month to month is actually usually better for your rating, even if it's not the best personal financial policy. :shhh:

This is true. If you're carrying a balance every month, even if it's small, you're technically borrowing money every month. If you pay it off every month you never really borrow any money because interest is determined on a monthly basis.

Reply Subscribe

Reply Share

First
Prev
3 / 3
Next
Last

Forum Jump