Debt Consolidation

Credit Score: Is there anyway to get rid of credit without negatively affecting your score?

Have a few credit cards with high rates that we no longer use. Is there anyway to get rid of a ,000 credit limit on a card that has a zero balance without killing our ‘excellent’ credit scores?

We would like to increase the limit on our lower interest rate credit cards, but have not been allowed to due to outstanding limits on existing credit cards.

Tags: credit scores, interest rate, rate credit cards, zero balance

How do you know the item on your credit report is from which credit burea?

I got a credit report from a lender (the lender type of credit report), it lists 3 credit scores.

There is a same tax lien listed twice, one has account number , the other doesn’t has an account number. Which credit bureau should I contact for this issue? How do you know which item is from which credit bureau?

Tags: credit bureau, credit report, credit scores, tax lien

My credit card balance is over 50%. How long will it take my credit score to go back up?

Hi. I recently just got my first credit card ever and used it to make a 00 purchase. The credit limit is 00, so obviously I’m over 50% of the balance, and I just learned that’s bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks.

Tags: credit card, credit limit, credit score, credit scores, three months

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

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?

Tags: banana republic, credit rating, credit scores, lowers, macy, store cards, store credit card, store credit cards