How to get more and more credit cards and personal loans with bigger credit limits?

Posted by | Posted in Credit Cards | Posted on 20-12-2010-05-2008

1

I am a trader of textiles,maintaining a good balance in my savings account and have a good credit history of more than one year. I am going to apply for a lot of credit cards as well as personal loans. What general precautions should be taken so that I may be able to get maximum number of credit cards and loans with good credit limits?


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How many of my credit cards should have a balance?

Posted by | Posted in Credit Cards | Posted on 19-12-2010-05-2008

4

I have 5 credit cards with different limits and rates.I’m in the process of paying them all off, however I know you need to have balances on your cards for healthy credit. How many cards should have a balance and how many should be unused?
@Stephen, if i have no balances, then what’s the point of having credit cards to begin with? How else will I build credit history?


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Credit ?

Posted by | Posted in Credit Help | Posted on 12-09-2010-05-2008

5

Im 18 with zero credit history and im having trouble building my credit. My parents have bad credit so i have no cosigners. I cant buy an old car or anything. So i started small. A credit card. I was denied. How am i supposed to build credit when im not givin a chance? Where can i go to get a credit card?


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How long is enough credit history time to obtain a credit card?

Posted by | Posted in Credit Help | Posted on 10-09-2010-05-2008

6

I have a good credit score according to the report but when I tried to obtain a credit card, it said they couldn’t because I had insufficient credit history. How many months or years does it take to be able to obtain a credit card- just a basic, no premium or points with a good credit score?
Thanks!


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What will happen to my credit score if my wife gets into trouble with a credit account?

Posted by | Posted in Credit Help | Posted on 30-08-2010-05-2008

3

My wife has no income or credit history. She received a credit card application in the mail. The application does not require me to put in any of my personal information but it does ask to state household income.

If she gets into trouble with her card, will it affect my credit or will the damage be limited to her credit score?


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