 credit, how does it work |
 Oct 4, 2006 - 11:30 AM
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 Enthusiast  Joined Mar 14, '06 From Mary Land Currently Offline Reputation: 0 (0%)  |
I just got an amex credit card. im new to having my own credit card. always went through my parents card (but it had my name on it w/e that means). i just got it cause i wanted to start building my credit. i dont completely know what that entails but i got one anyway lol. i basically just figured to get a car or house in the future i need credit so ppl will approve me. so is credit just using your card and paying bills on time? and if you do, you get a good credit score? is that basically it.
btw i got credit $2000. that sounds like a large amount to me given that i dont have that much a month lol. esp since i dont work right now. but sounds good to me lol. i just found it interesting cause my friends all started out with around 500 and i clearly didnt lol. |
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Oct 6, 2006 - 5:43 PM
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 Enthusiast Joined Sep 4, '03 From Twin Cities MN Currently Offline Reputation: 2 (100%) |
/\ yes your score is affected, good or bad... As a co-holder on an account that goes sour, the issuers expect you to step in if the primary party dosen't pay. When legal action takes place on cards with multiple parties, ANYONE who is on that account can be held accountable for 100% of the balance due.
This post has been edited by saleeka: Oct 6, 2006 - 5:45 PM -------------------- Car #3: 98 Accord LX- purchased 5/06, totaled 8/06
Car #2: 95 Celica GT- purchased 8/03, current daily driver Car #1: 01 Focus ZX3- purchased 5/01, sold 8/03 |
Posts in this topic
Toyoca credit Oct 4, 2006 - 11:30 AM
BlackCelicaGT94 dont go charging up a storm. i got one at 18 and i... Oct 4, 2006 - 11:53 AM Supersprynt Amex wouldnt be my choice but I pay my MC off ever... Oct 4, 2006 - 11:55 AM Toyoca i wont ever charge over any amount of money i cant... Oct 4, 2006 - 12:26 PM orvillescelica You got it right. I have a credit card... I charge... Oct 4, 2006 - 1:15 PM mzztoyota Just make sure you pay everything ON TIME, I think... Oct 4, 2006 - 1:21 PM Toyoca is there somewhere to look up my credit score for ... Oct 4, 2006 - 1:22 PM mzztoyota annualcreditreport.com is supposed to provide you ... Oct 4, 2006 - 1:27 PM saleeka If you started out with a $2000 limit, you al... Oct 4, 2006 - 1:32 PM Supersprynt Why would your score drop if someone looks at it? ... Oct 4, 2006 - 2:53 PM
saleeka QUOTE(Supersprynt @ Oct 4, 2006 - 2... Oct 4, 2006 - 3:25 PM confucious in regards to building your credit, buy something ... Oct 4, 2006 - 2:58 PM Supersprynt That doesnt make much sense. Responsibility is sho... Oct 4, 2006 - 3:29 PM saleeka QUOTE(Supersprynt @ Oct 4, 2006 - 3... Oct 4, 2006 - 3:51 PM saleeka in a way it does make sense- but only for the cred... Oct 4, 2006 - 3:46 PM uberschall whoever originally said to buy something reasonabl... Oct 4, 2006 - 4:18 PM Toyoca k so basically just pay off whatever amount they s... Oct 4, 2006 - 5:26 PM quicknstyle dont just pay it off, but then again dont just pay... Oct 5, 2006 - 11:11 AM Toyoca i dont believe i have interest but im not sure lol... Oct 5, 2006 - 11:41 AM Ale_lock QUOTE(Toyoca @ Oct 5, 2006 - 12:41 P... Oct 6, 2006 - 1:11 PM BlackCelicaGT94 My reccomendation is pay more than the minimum due... Oct 5, 2006 - 1:05 PM bufferdan Pay it off in full everytime its due...dont be pay... Oct 6, 2006 - 9:44 AM bufferdan btw....amex blue card is nice. Its my favorite... Oct 6, 2006 - 1:14 PM quicknstyle QUOTE(bufferdan @ Oct 6, 2006 - 7:44... Oct 6, 2006 - 1:23 PM JonCars17 I don't have any credit, but I just got a cred... Oct 6, 2006 - 1:59 PM bufferdan [/quote]
cell phones dont count positively towards... Oct 6, 2006 - 2:30 PM confucious BUT as far as BUILDING credit, why buy a new thing... Oct 6, 2006 - 3:02 PM My2Celi Thats exactly what im doing. I buy stuff with my c... Oct 6, 2006 - 3:39 PM BlackCelicaGT94 So I have a credit question onw
My parents have g... Oct 6, 2006 - 5:34 PM BlackCelicaGT94 Yeah i was a lil pissed to find out when Express d... Oct 6, 2006 - 5:58 PM saleeka I dont know about you, but I would be FURIOUS if I... Oct 6, 2006 - 6:04 PM BlackCelicaGT94 I dont think its forging. I think they call and sa... Oct 6, 2006 - 6:11 PM bufferdan QUOTE(confucious @ Oct 6, 2006 - 8:0... Oct 6, 2006 - 7:50 PM confucious QUOTE(bufferdan @ Oct 6, 2006 - 7:50... Oct 7, 2006 - 6:24 AM Ale_lock Nice link, gimmeh more info! Oct 7, 2006 - 3:28 AM |
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