Debt Consolidation

How long to build credit up after cancelling credit card?

I am thinking of getting a particular credit card to use on a purchase due to the fact it offers money off the purchase. I know this isn’t a great idea, so I’m still thinking about it, but my concern is with my credit. My credit is fairly good right now and I’m wondering if I get the card and cancel it shorty after, how long does it take to build the credit I lost from getting & cancelling the card, back to normal? If it’s just a few points, does that take weeks/months? Thanks.

Tags: amp, credit card, money

What is the difference between a credit card and a pre approved credit card or is there no difference?

I am looking to raise my credit score and I have been turned down buy credit card companies and I spoke with someone that said I could get a pre approved credit card but i thought all credit cards were pre approved. Please help me I need to raise my credit score. Thanks

Tags: approved credit card, credit card companies, credit cards, credit score, pre approved credit, pre approved credit card

What is the best credit card to apply for for the first time?

I have years of excellent on-time rental history, however I have no credit because I’ve never been in debt (always pay bills on time) go figure. I was wondering which credit cards I could apply for, for the first time. Wal-Mart Credit card rejected me because I have no credit, and I’m just looking for something small so I can put things on the card and pay them off quickly to establish some sort of credit. Any suggestions?

Tags: credit card, credit cards, rental history, wal mart

How many of you give in to the credit card offers?

I already have 4 credit cards which is probably too many already. The set up fees just to get a credit card are so much no wonder why I get so many offers!

The lowest minimum credit limit is a TOTAL card that only has a limit of 0. I’ve read it doesn’t change.

The highest limit of my credit cards is 916 dollars and it keeps going up. They are trying to entice me.

I’d like a larger credit limit, but some of these aren’t worthwhile.

Tags: credit card, credit cards, credit limit

What happens if your credit score gets lowered due to late auto payments, but then you pay off the auto loan?

In repairing a credit report score, an auto loan that had two late payments is then paid off in full, what happens to that part of the credit report? How long would it take to increase the credit score?

Tags: auto loan, credit report score, credit score, late payments