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 Cards
Profile Image

Question By
Eruv

0 Contributions
0 People Helped
To raise my credit can I open a credit card and not use it work or do I use it and pay it off

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
Top Contributor
1793 Contributions
3028 People Helped

I have 10 credit cards that I never carry with me and have not used in over 2 years.  I do send them 1.25 every other month,  shows up as payment history helps the credit score a lot.

Top Contributor
5038 Contributions
1136 People Helped

Helpful to 0 out of 1 people

If you currently do not have any credit cards, just getting one will boost your Fico scores. However, the best practice for scoring is to have a small balance (less than 10% of the credit line) report at statement time, then pay it off before the due date to avoid interest (use caution though, some cards charge interest from the time of purchase). For credit building have 2 or 3 credit cards.

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.