Too much credit card debt is bad when tied to income ratio. But revolving credit does increase rating when income ratio in high. Paying it off immediately does nothing to increase credit scores. Paying over time does help increase credit score. Everytime a credit report is pulled then your credit rating takes a small hit but cause no severe damage to it. Your credit report gets pulled and checked often by many businesses and banks often as a term on your loans, current cards, or accounts anyway. Getting this card and then paying off the balance immediately upon statement is a great idea only for those that are financially responsible. People that live on credit cards and use them often with no self control should just stay away.
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