Does a late mortgage payments hurt credit score if it was made within the...
I'm a first time homeowner (USA) and just started making mortgage payments. My loan was sold to a different servicer within the first month of the loan, so I only made one payment to the first...
View ArticleF1 visa and credit card debt
I am currently in the US on an F1 visa and I have over 4000$ credit card debt (4 maxed out credit cards). I make on time payments each month and should pay it all within a year. Can I leave the US and...
View ArticleWhy would a home insurer offer a discount based on credit score?
Recently I received a letter from my home insurance company:Thank you for being a Gore Mutual customer.We're working hard to ensure that our products are competitive. And we want to provide you with...
View ArticleIs it possible to add a child to a UK credit card?
Many parties suggest that parents should add their baby child to their credit card so that the child can build a credit score as soon as possible. Unfortunately, these all seem to be USA sources, and I...
View ArticleDoes having multiple credit cards (over 5) hurt your credit score, or will it...
After my divorce I found that I had no credit. So, I began building my credit and am doing quite well with it. I started with a secured card with a low limit (under 1K) several years ago.When my credit...
View ArticleCredit score dropped 73 points after applying for a new card?
Why did my credit score drop from a 762 to a 689?According to creditkarma I got hit with:JPMCB-Card Service: Opening a new account can temporarily lower your score because it adds a hard inquiry to...
View ArticleWhat will happen if I remove myself as an authorized user of a credit card?
If I am an authorized user of a credit card for a period of time and the card owner has a good credit score and has a positive effect on my credit report, if I want to remove myself as an authorized...
View ArticleWhat is effect of full settlement on credit report
Suppose one has delinquency on credit cards that show R9 on the credit report. If he settles the credit card company with full payment, the credit report will show the status of settlement of full...
View ArticleFICO Classic (04) Credit Score calculation
A mortgage lender has pulled a FICO Classic (04) TransUnion score and it's a 100 points less than any other model I was able to track down (Experian-Vantage, Equifax, etc). Experian tells me the...
View Articleaccidentally opened up a line of credit - what can i do?
So I was trying to update my address on my PayPal Credit Card and apparently I opened up a new line of PayPal Credit instead. Like apparently the PayPal Credit Card and PayPal Credit are two completely...
View ArticleBest Billing Date selection for multiple Credit card utilization
I have 2 credit cards. This card has a billing date of 20th of a month and payment date of 7/8th of month.What is the ideal billing date for the second credit card?Should I keep the billing dates...
View ArticleWhy can't you see your credit score at all times?
I've just seen over the years that you can check your credit score now and then and sometimes it might lower it a small amount just to check.Why isn't credit some transparent function of various...
View ArticleSalary doubled on credit app - what could happen?
I recently applied for credit for a loan for a solar system. I submitted the form on the solar companies website. They sent it to some loan company who sent me their credit application doc to sign...
View ArticleConsequences of small bank debt in EU as citizen of another country
I have a bank account in France that I created when I lived there about 10-8 years ago. A year ago this account started charging a monthly fee that didn't exist before, and then I started trying to...
View ArticleWhich is better to build credit score? Becoming an authorized user of another...
I am new to the US with a F-2(student dependent) visa, I want to have credit history and build credit score in the US. I think I have three options but don't know which is better to do or maybe better...
View ArticleWhich one is better for credit score: use and charge the card a lot or keep...
If we have a credit card with 1000, 2000, 5000 of dollars, is it a good idea to use it daily like spend 30%-50% of the money per day and recharging the card at the same day just to increase the credit...
View ArticleI was denied a margin account for being unemployed, what should I do?
I'm in Canada, and encountered something very strange in the last few months: my mother and I each opened an individual (not joint) discount brokerage account at HSBC InvestDirect. We both deposited...
View ArticleWhy does the debt-to-income ratio not affect credit?
Lenders obviously care about the debt-to-income ratio, since it can influence whether one gets a mortgage or other types of loans. This makes sense: taking on new credit is more of a risk for people...
View ArticleHow does a balance on my credit card affect my credit score?
How my score will change if I go from having no balance to one that uses less than 20% of my available credit? Will it be a drop of just a few points or 20+?
View ArticleHow do I raise my credit score from 720 to 800?
My FICO 8 score is 721 and my VantageScore 3.0 is 735. I have opened 2 accounts in the past 2 years:An AMEX Gold card in October 2022$30k loan in May 2022 to purchase a vehicleI also have a 30 year...
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