Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
BCal98

0 Contributions
0 People Helped
As a college freshman, what would happen if....?
I am a freshman in college and am considering getting the Journey Student Credit Card (of course my parents have agreed, they recommended it). However, I would never used the card and it would be STRICTLY for emergencies.

My question is, will having a credit card that I never, ever use hurt my credit score? Would I be negatively punished if the card just sat around?

Thanks in advance.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
1 Contribution
1 Person Helped
Most Helpful Response

go for it

Helpful to 1 out of 1 people

no you wouldn't be punished for it.  find out when it would be closed due to inactivity and make sure you use it at least that often.   i have several accounts that don't get used for months at a time.   and just so you hear it one more time, be responsible with it.

Top Contributor
911 Contributions
323 People Helped

Helpful to 1 out of 3 people

Just use it once every six months at least. Be aware lenders like seeing regular timely paynents too. Prompt payment accounts for 35% of your score. If you never use it, then your FICO score won't rise either. Never use more than 10% of the credit limit. 

Please read the articles here and other sites online to educate yourself.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.