Tag Archives: Score Card

What happens to your credit score when you cancel a credit card?

2nd Commander asked: say you are in good staying, never was late. always payed the balance. but you have too many credit cards let’s say. so when you cancel that credit card. what happens to your credit score? Does your … Continue reading

Posted in Credit | Tagged , , , , , | 5 Comments

How does building a credit score work in the US?

Jean-François D asked: Hi, I moved from Europe to the US 2 years ago. Just tried to buy a house. Unfortunately i had no credit history in the US. Therefore i did my best to get a credit card to … Continue reading

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Credit Score?

Unknown asked: I have been making all my payment on time. Never missed a payment. It’s been over 2 years I have not miss any payment. How come my credit score is still decreasing? How long does it takes for … Continue reading

Posted in Personal Finance | Tagged , , | 7 Comments

What is the best way to improve my credit score with a student credit card? ?

360waves_professor asked: I have a $600 limit student Bank of America credit card. Some people tell me the best way is to pay the card balance in full at the end of the month and others tell me it is … Continue reading

Posted in Credit | Tagged , , , , , , , , , | 4 Comments