Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/ Personal Finance Columnist Tue, 15 May 2012 05:37:15 +0000 hourly 1 http://wordpress.org/?v=3.3.2 Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-539 lizweston Wed, 16 Sep 2009 17:03:04 +0000 http://asklizweston.com/?p=1383#comment-539 You'd need to check your scores to find out, but you can bounce back from any credit goof over time. Continue to pay on time and pay down that debt and your scores will recover if they took a hit. You’d need to check your scores to find out, but you can bounce back from any credit goof over time. Continue to pay on time and pay down that debt and your scores will recover if they took a hit.

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-537 Stephanie Wed, 16 Sep 2009 13:05:48 +0000 http://asklizweston.com/?p=1383#comment-537 I have a debt that is around 2K that I settled for half. I'll have it paid off in Novemeber instead of May of next year. Based on your article, that was a bad decision. I've paid my 2 credit card balances in full, neither of those were settled. Are settling one kind of debt worse than settling other kinds? In total, I have around 2500 in debt, minus students loans (which I know are good credit, so I don't worry about those since I pay them). After the account I settled is paid off, I'll have a few small debts b.t 200-300 dollars and all my debt will be clear. What damage does settling this acount have on my score? I have a debt that is around 2K that I settled for half. I’ll have it paid off in Novemeber instead of May of next year. Based on your article, that was a bad decision. I’ve paid my 2 credit card balances in full, neither of those were settled. Are settling one kind of debt worse than settling other kinds? In total, I have around 2500 in debt, minus students loans (which I know are good credit, so I don’t worry about those since I pay them). After the account I settled is paid off, I’ll have a few small debts b.t 200-300 dollars and all my debt will be clear. What damage does settling this acount have on my score?

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-535 how to accept credit cards Wed, 16 Sep 2009 05:57:23 +0000 http://asklizweston.com/?p=1383#comment-535 What they want to see is demonstrated patterns of timely payments and no delinquencies. What they want to see is demonstrated patterns of timely payments and no delinquencies.

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-533 lizweston Wed, 16 Sep 2009 02:20:19 +0000 http://asklizweston.com/?p=1383#comment-533 Settlements with original creditors are terrible for your credit score. Read my column on debt settlement for more: http://tinyurl.com/8aa3kt Settlements with original creditors are terrible for your credit score. Read my column on debt settlement for more: http://tinyurl.com/8aa3kt

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-530 Stephanie Wed, 16 Sep 2009 00:20:48 +0000 http://asklizweston.com/?p=1383#comment-530 When paying off debts, is it bad to pay the settlement of an account vs. the full account balance? When paying off debts, is it bad to pay the settlement of an account vs. the full account balance?

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-521 lizweston Mon, 14 Sep 2009 22:29:47 +0000 http://asklizweston.com/?p=1383#comment-521 Attagirl. Attagirl.

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-517 Stephanie Mon, 14 Sep 2009 20:13:19 +0000 http://asklizweston.com/?p=1383#comment-517 Thanks for this! Actually, the next day, I received an email from myfico indicating that my fico score had gone up as well by 20+ points, so that was very encouraging. Thank you so much for your blog and books, I really feel like I'm on the road to debt recovery and am gaining so much knowledge as to how to NEVER reach this area again. Thanks for this! Actually, the next day, I received an email from myfico indicating that my fico score had gone up as well by 20+ points, so that was very encouraging.

Thank you so much for your blog and books, I really feel like I’m on the road to debt recovery and am gaining so much knowledge as to how to NEVER reach this area again.

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-513 lizweston Mon, 14 Sep 2009 18:05:28 +0000 http://asklizweston.com/?p=1383#comment-513 After February it will be harder for issuers to raise rates, although they still can. The bottom line is: don't charge more than you can afford to pay in full every. single. month. Don't carry a balance "just this once" or convince yourself you'll find the money somehow to pay off the bill. After February it will be harder for issuers to raise rates, although they still can. The bottom line is: don’t charge more than you can afford to pay in full every. single. month. Don’t carry a balance “just this once” or convince yourself you’ll find the money somehow to pay off the bill.

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-511 lizweston Mon, 14 Sep 2009 18:02:25 +0000 http://asklizweston.com/?p=1383#comment-511 Looks like I need to tweak that headline. It was meant to refer to the questioner's specific situation (he asking if opening a new card would "restore" the point drop from closing an old one). If you don't have good credit, getting approved for a new account can help your score--as can plenty of others things, including the simple passage of time or paying down a credit card balance. Your Equifax score may indeed be a FICO score. Equifax is the only bureau that sells FICOs directly to consumers. Trans Union sells them through MyFico.com, and Experian no longer sells FICOs to consumers (although it continues to sell them to lenders). Looks like I need to tweak that headline. It was meant to refer to the questioner’s specific situation (he asking if opening a new card would “restore” the point drop from closing an old one). If you don’t have good credit, getting approved for a new account can help your score–as can plenty of others things, including the simple passage of time or paying down a credit card balance.

Your Equifax score may indeed be a FICO score. Equifax is the only bureau that sells FICOs directly to consumers. Trans Union sells them through MyFico.com, and Experian no longer sells FICOs to consumers (although it continues to sell them to lenders).

]]> Pheromone Cologne For Men Online Without Prescription » Buy Online, No RX (Prescription) Required! http://asklizweston.com/2009/09/07/using-most-of-your-credit-limit-is-asking-for-trouble/comment-page-1/#comment-505 Stephanie Fri, 11 Sep 2009 00:30:26 +0000 http://asklizweston.com/?p=1383#comment-505 In your entry titled "Opening new account won't help score" that was posted on May 4th, you said that opening and closing accounts does not help scores. I'm in the process of repairing my credit (scores in the low 500s...ick) and since I was approved and recieved the card this week, my score has gone up 20 points on my equifax report. How is this possible? If my score went up on my equifax report, will it increase on my fico report, which I remember from another post is the score that is the mort important when it comes to home loans. I have not used the card yet, but I'm assuming my score increased because I was able get a new line of credit. In your entry titled “Opening new account won’t help score” that was posted on May 4th, you said that opening and closing accounts does not help scores. I’m in the process of repairing my credit (scores in the low 500s…ick) and since I was approved and recieved the card this week, my score has gone up 20 points on my equifax report.

How is this possible? If my score went up on my equifax report, will it increase on my fico report, which I remember from another post is the score that is the mort important when it comes to home loans. I have not used the card yet, but I’m assuming my score increased because I was able get a new line of credit.

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