View Single Post
  #4 (permalink)  
Old 04-18-2008, 02:32 PM
maat55 maat55 is offline
$ Saving College Senior
 
Join Date: Jan 2008
Posts: 2,444
Points: 13126.00
Donate
Default

Quote:
Originally Posted by masumbuko View Post
Thankx...

you sayin to only charge put to $30 each month?
i hear that i could use it but just try to keep the balance low. 30% of limit.

also i have closed accounts and accounts in collection...will paying my bills for my new credit cards help even though i have accounts in collections and closed accounts?
If it were me, I would get on a tight budget, get a second job and make arrangements to pay the remaining debts as quickly as possible. After I would save as much money as possible. You can use your secured cards to about 50%, but pay in full each month.

Managing your money better will increase your score naturally. Do not look at credit as a must to survive. Having a high credit score and a lot of debt is not better than having a lower score with no debt and money in the bank.
Reply With Quote