Q&A :Credit Card

What are my best options if I don't have a lot of credit lines for housing loans?

I’ve been denied for a pre qualify loan by Bank of America for a house recently due to having insufficient credit lines. I do have a credit score that is good and...

Is opening a new credit card worth the potential impact?

I’m trying to decide whether or not I should open up a second credit card. The primary reason is to have a backup credit card in case my only (and oldest) card is...

Does closing car loan lower credit score?

The final payment on my car loan is due in December but I made a payment for the total payoff amount this month to close the account. The only account I currently have...

Is my credit score affected by making payments in parts?

On a bank’s website, I read that part payments affect credit score. Avoid part payments. It doesn’t really help and affects your score. There are times when...

Paid credit card bill, but money didn't leave my checking account

I paid my CC bill last Friday morning. The payment appeared in my CC account that same day. But now, 3 days later, the money still hasn’t left my checking account...

Automatic transaction on credit card to stay active

I have 4 credit cards. I use 3 of them frequently for individual purposes as they offer different cash back for different things. However there is one that I rarely use....

Is it possible for me to keep my credit card APR at 0% permanently?

Right now I’m using the Chase Freedom card, and the terms say that it has a 0% Intro APR for 15 months from account opening on purchases. After the intro period, a...

High credit utilization, some high interest – but credit score not overly bad. How to attack debt in this situation?

I presently have: Credit Card, £2250 balance, interest rate of 17.43% Credit Card, £1500 balance, interest rate of 39.9% (3.5% min payment) Credit Card, £2400,...

Any credit cards that won't let you go over your limit?

My credit card company has this language in the agreement: You must keep your Account balance below your Account credit line. If you do not, we may request immediate...

Why does Discover Card warn me about selecting certain payment due dates?

The date I would like to use for my payment due date in the future on my Discover Card account warns me with a tooltip: Selecting this date will reduce the number of...