Archive for November, 2009

Is+having+a+lot+of+credit+cards%2C+but+only+using+them+sparingly%2C+bad+for+your+credit%3F%7CI%27ve+opened+a+few+credit+cards+lately%2C+but+don%27t+plan+on+using+them%2C+only+for+emergencies.+Will+just+having+4+or+5+credit+cars+available+for+my+use+somehow+hurt+my+credit+score%2C+or+credit+in+general+for+future+loans+I+might+want%3F

Nov 29

Posted by Credit Competitor in Credit | 4 Comments

Doug G asked:

What should my credit ratio be for my credit cards?

Nov 28

Posted by Credit Competitor in Credit | 3 Comments

soulweaponry asked:

I’ve always heard its good to keep your credit/balances at a certain ratio to improve your credit rating. What should mine be? I have 2 cards: one with a $200 limit and the other with a $250 limit. How much should i spend on each?

Is+the+child+tax+credit+and+economic+stimulas+check+deposited+at+the+same+time%3F%7CI+got+my+rebate+check+direct+deposited+this+morning%2C+however+it+was+only+%241%2C200%2C+we+have+two+children+thus+it+should+have+been+%24600+more.+My+accountant+said+it+would+be+%241800+when+we+got+our+taxes+done%2C+so+that+is+what+I+expected.+Could+I+be+getting+2+separate+deposits-1+for+the+rebate+check+and+one+for+the+child+tax+credit%3F+Has+this+happened+to+anyone+else%3F+Thanks+so+much+for+your+help%21

Nov 28

Posted by Credit Competitor in United States | 5 Comments

kris asked:

I heard somewhere that some credit cards can damage your credit even if you pay on time and more than the minimum balance. Is this true? What kind of credit cards would be like this? Thanks for your help!

Nov 27

Posted by Credit Competitor in Credit | 5 Comments

The Catholic of Utah asked:

How does a tax credit effect a tax return?

Nov 27

Posted by Credit Competitor in United States | 3 Comments

lyndsey7323 asked:

I usually get about $3,000.00 total for state and federal tax returns. I bought my first home in 2009 so I am eligible for the federal tax credit being offered. Just wondering roughly how much extra I can expect in my tax return in 2010. Anyone know?

Is it 600 or above? I am working on fixing my credit and I have an auto loan that will help rebuild my credit. I need a credit card for emergency’s and to help my credit, just wandering when I should apply for one. Right now Its not near 600.

Nov 27

Posted by Credit Competitor in Credit | No Comments

wifey asked: