Freecreditreport Syracuse

3: "Asking for freecreditreport Syracuse lower limits will help your credit." Fact: Having sizable credit limits is a good thing for your scores, as long as you don't use them to run up debt. Lenders like to see a big gap between your available limits and the amount of credit you'freecreditreport Syracuse re actually using. A lower limit reduces that gap, which can be bad news for your credit scores. Of course, if you can't trust yourself not to use your available credit, the damage to your credit scores may be the least freecreditreport Syracuse of your worries. Otherwise, though, you probably should leave your credit limits alone. 4: "You need to carry a credit card balance to have good scores." Fact: You don't need to be in debt or pay a penny of freecreditreport Syracuse interest to have good credit scores.

Your credit reports and scores don't "know" whether you're carrying a balance or paying it off in full every month. That's because the balance reported to the credit bureaus typically is the balance from your last statement, not what was left over after you got that statement and paid the bill. free credit report check So you might as well pay in full and save yourself the interest. This myth encourages people to carry unnecessary debt, putting them at the mercy of credit card issuers and eroding their financial security. I'm dept free and already have all the "Stuff" I need. I was told I should utilize my credit cards more to build credit...but....so far I have had no trouble getting by. I travel for fun which is pretty much the only time I use them and life is good. I invision evil little trolls in a dark cavern, somewhere, just cursing my ability to function outside of the credit system. Think about it, credit scores are only important to the lender or the people attempting to get the lender to lend to them. Those scores are little more than a rating of what you have done credit wise. credit score check It is not freecreditreport Syracuse a reflection of your worth, you freecreditreport Syracuse could have had NO REASON to freecreditreport Syracuse borrow, in which case your score would have been lower than someone freecreditreport Syracuse who did borrow and paid back late or never, probably a "0"! You may have been TOO QUICK at paying back, (nothing less than freecreditreport Syracuse a two year period is any freecreditreport Syracuse score at all)! The score is only important......................IF YOU WANT OR NEED TO BORROW.............OR, MORE IMPORTANTLY...............DO NOT HAVE ANY COLATERAL (AN freecreditreport Syracuse OLD AND SELDOM USED TERM SINCE THE MODERN CREDIT DAYS OF "NOTHING DOWN, FOREVER TO PAY")! It took me almost a month to get a loan on my present house because I always paid debt off ASAP..................YET THE 30YR MORTGAGE ON THIS HOUSE WAS PAID OFF IN 3YR, 3MOS, so tell me............how well does the score represent what freecreditreport Syracuse the lender needs? In this case, very well, ..............because they didn't want to make asmall interest return that came from early retirement of the loan, but due to law freecreditreport Syracuse were still forced to do the loan. free credit repot

Thier (the lenders) job is freecreditreport Syracuse to make (or get my money) and my job is to attempt to keep my money............and I freecreditreport Syracuse give a crap about any credit freecreditreport Syracuse score until, or more clearly..........IF, I ever HAVE to borrow again! A credit score is nothing more than a measure ofhow big a mark a person is. Who in freecreditreport Syracuse their right mind would willingly agree to pay the shylock interest rates required by these credit card companies?