Is an advantage to use multiple secured credit cards to build up credit?

Posted by | Posted in Credit Cards | Posted on 19-03-2011-05-2008

3

I am applying for a secured credit card after bankruptcy (due to medical bills), Is it to my advantage to get 2 or 3 secured credit cards to build history or only use one? I dont really need or want any loans/credit cards right now and I am big on paying cash but I need to rebuild my credit rating. Will 2-3 secured cards build my credit faster then 1 secured card?

How much should i charge on my secured credit card to get the best credit rating?

Posted by | Posted in Credit Help | Posted on 15-08-2010-05-2008

5

How much should i charge on my secured credit card to get the best credit rating?

I can charge up to 0 on my secured credit card and want to know how much should I charge on my secured credit card to get the best credit rating. I need to build credit because I got none.
I’ll be paying it off every month.

I’m wondering how much I should charge on my secured credit card every month out of my 0 maximum.


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How will credit counseling services affect my credit rating?

Posted by | Posted in Credit Help | Posted on 10-08-2010-05-2008

2

I am thinking about allowing a credit counseling service (Take Charge America) to consolidate all my unsecured credit. Will this help or hurt my credit rating once I complete the program in about 3.5 years?


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What credit card can I apply for that does not check credit?

Posted by | Posted in Credit Help | Posted on 03-07-2010-05-2008

7

I am attempting to build a positve credit rating and I need a card that reports to the credit bureau, but will allow me to obtain it without a credit check. HELP?


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What happens to credit score if you close a store credit card?

Posted by | Posted in Credit Help | Posted on 18-06-2010-05-2008

15

I have a few store credit cards (Macy’s, Banana Republic, etc) in addition to a major credit card. I want to cancel some of the store credit card, but I don’t know how that effects my credit rating. I think closing credit cards in general lowers credit scores, but what about those store cards?


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