Comments for TheCreditSolutionStore.com

Comment on How well does the credit repair company work? Does any body have any good/bad experience with their services? by cburns

cburns — Sun, 25 Jul 2010 02:08:31 +0000

Comment on What credit card can I apply for that does not check credit? by Chris Lake

Chris Lake — Mon, 15 Feb 2010 15:01:54 +0000

Hi. Our FDIC insured bank, Public Savings Bank has a Visa secured credit card that features:
- NO CREDIT CHECK OR INQUIRY
- Reports to all 3 major credit bureaus
- No annual fee
- 0% APR for 6 months on purchases
- Low $200 minimum deposit

As long as you can verify your identity, address, and social security number you can start building credit history.

Comment on What type of credit card can I apply for and get approved with current bad credit to start rebuilding? by owcsun

owcsun — Wed, 09 Sep 2009 22:52:52 +0000

You should open a secured credit card through your bank for 1 year. After this your credit will be much better.

Comment on When you pay off a credit card is it better to reduce the credit limit or close the account? by MissLibra

MissLibra — Tue, 08 Sep 2009 10:25:57 +0000

It is ok to close old accounts with small limits, because the more accounts you have open the higher your debt ratio will be. Having a high debt ratio will affect your score by 35%, closing an old account will affect your score by 10%. It’s very important to figure out your debt ratio. But if you dont want to close them, cut them up.

Comment on When you pay off a credit card is it better to reduce the credit limit or close the account? by Precious Flower

Precious Flower — Mon, 07 Sep 2009 13:18:29 +0000

Sweetie, Keep it open… don’t use it. If you do use it, charge ONLY like 50 bucks and pay it off before the due date! However, those darn things are the DEVIL! But in this country credit (good/bad credit) follows you til death’s end.

Comment on When you pay off a credit card is it better to reduce the credit limit or close the account? by oscarsmama2

oscarsmama2 — Sun, 06 Sep 2009 08:16:03 +0000

If you are planning to make a major purchase in the future such as a home or a car, you credit score will be higher if you just pay off the credit card and cut it up. Don’t cancel it or lower your limit. Part of the criteria used in your credit score is how much of you allowed credit limits you have available.

Comment on How do you dispute something on your credit report? by Try A

Try A — Fri, 04 Sep 2009 13:38:07 +0000

If its been over 7 years it must come off and you have the write to dispute any entry you feel is incorrect. Before you start disputing, its best to get an understanding about the system first and do’t move too fast or you can hurt yourself.

Comment on When you pay off a credit card is it better to reduce the credit limit or close the account? by knuckles811

knuckles811 — Fri, 04 Sep 2009 06:06:52 +0000

keep it open and just pay what u can on it, it would be best to pay it and leave it open

Comment on When you pay off a credit card is it better to reduce the credit limit or close the account? by mcrystal107

mcrystal107 — Fri, 04 Sep 2009 03:04:51 +0000

I have a credit card that is basically maxed out. I still haven’t paid it all yet. I cut the card up to prevent me from using it while I am still paying it off. No one has to know that you don’t have the card anymore. When you pay it off and still want to keep the account open just say you recently lost you r card and need a new one.

Comment on When you pay off a credit card is it better to reduce the credit limit or close the account? by Terk

Terk — Thu, 03 Sep 2009 05:36:56 +0000

I would pay off your balance but leave your account open. Credit Card companies hate when people close out their accounts since that means they are losing money. You can also call the credit card place and ask them to reduce your available credit. If they say they can’t do that, then mention you will probably close your account. They will change their minds real fast and offer you anything to keep your account.

I have closed credit card accounts before. While I insisted they close it, they offered everything to keep it open. They even suggested keeping a credit line of $100 and keep the account open. I still closed out their accounts.

The best way of insuring you will not use your credit cards is simply cut them up and throw them out. Out of sight – out of mind. When you get another card for renewal, just cut it up and don’t activate it.