Check credit rating Mississippi

The two major credit cards that I use is my Wells Fargo one and my Chase South West card, which I use the most because of the points.

I really just want to stick with one check credit rating Mississippi credit card, but I have the other 9 looming over me. I dont want the credit card companies to close my accounts because check credit rating Mississippi my cards go inactive because I know that will hurt my FICO score. But I dont want to cancel my cards because check credit rating Mississippi I know THAT will hurt my score as well.

Eunice, depending how long youve had your 10 ccs, I would suggest that if the inactive ones are less than 3-4 years old, it would be ok to cancel them, and just keep the 6 with some seniority. Like some of the older posts have suggested, you can always set up a monthly re-occurring payment of bills or what not on each of the cards you decide to keep. About 4 years ago (in my not so smart days), I went over the limit a few times on my first credit card.

Recently, i accidently used that same card for the wrong large purchase and went over the limit again by check credit rating Mississippi about 30 dollars. Brian, Assuming this is the first transgression in 4 years it probably shouldnt affect your score much at all. You may even be able to call your credit card company and ask them to remove the penalty and over the limit occurrence from your credit record. free credit reports and credit scores The key is to check credit rating Mississippi make sure it doesnt happen again, so be sure to monitor your balances. Recently I had to close or cancel my AT&T credit card. I received a letter from AT&T stating that I will be charge $60 per year for their credit card and if I spend over $2,000 the $60.00 will be waived. I have been a check credit rating Mississippi customer since 1999, however, I have not been using the card as frequently as they would like. I knew this would affect my credit, but I had no choice considering I am unemployed. Jen, it depends on several factors, the most important of which are your average age of credit and your credit utilization. You will be closing a card that has been open for over 10 years, which will reduce your average age of credit, and you will also close a line of credit, which could affect your credit utilization (amount of credit used vs. credit reports free

For example, if you have $5,000 debt and have credit lines equal to $50,000, check credit rating Mississippi your credit utilization is 10%. If you close an account with a $10,000 line of credit, you now have $5,000 debt on $40,000 available credit, increasing your utilization to 12.5%. Overall, it would be impossible for me to give you a number regarding how your score will be affected, but if you have other lines of credit and dont have a lot of debt, the change most likely will not be substantial. If you are curious, you can check your score now, then again in a check credit rating Mississippi few months. I HAVE A 10,00 SECURED CREDIT CARD WITH BOA I HAVE HAD FOR 4YRS. I ALSO NOW HAVE A NOTHER SECURED CARD THREW WELS FAGO FOR 6,500 I HAE HAD FOR 6 MONTHS AND A UNSECURED CARD FOR 2 GRAND TREW check credit rating Mississippi CHASE BACK FOR 1 YEAR. ( I ALWAYS PAY OFF THE BALANCES ON ALL CARDS EARLY! AND MY DEPT TO CREDIT RATIO IS LOW, I DONT SPEND MORE THEN 1,000 A MONTH ON CREDIT CARDS.AVERAGE IS 300!!!) I ASKED BOA IF THEY COULD GRADUWATE MY SECURED CARD TO A NONSECURED CARD BUT check credit rating Mississippi SINCE HOW MY INCOME IS ONLY 800 A MONTH, THEY SAID NO, ALSO SAID ILL NEVER WILL GET A 10 GRAND UNSECRED CARD WITH PAY THAT LOW AND RECOMENED ON check credit rating Mississippi LOWERIG MY CREDIT LINE.BUT WILL NOT THAT HURT MY CREDIT SOCORE????ANY ADVICE? 1 free credit report James, if they didnt require you to lower your balance, then its not necessary. Just be sure you never charge more than you check credit rating Mississippi can pay each month. You can also try upgrading one of your secured cards from Wells Fargo or Chase. Notify me of followup comments via e-mail Previous post: Carnival of Careers #3 Next post: Declare Financial Freedom on check credit rating Mississippi Financial Independence Day Randomized list of recommended personal finance blogs Disclaimer: The content on this site is for informational and entertainment purposes only and is not professional financial advice.