My credit score South Dakota

My Chase credit card was my credit score South Dakota cancelled due to a new card card being opened (New Best buy card, with $2000 on it, also my max for that card). Apperntly Chase did not like the fact that I was at my limit on my new card.

Funny thing is, I could have put $2000 on my Chase card, and recieve 19% interest on it, or use the Best Buy card with 0% interest. I did my credit score South Dakota not think about it at the time, it was a no-brainer. 0% is WAY better than 19%BUT the fact that I was at my credit limit is what spooked Chase. Due to my Chase card being canceled, I instalntly paid it off, and now just have the Best Buy card.

It was a valuble lesson-Never reach your credit limit-that I learned the hard way.

I posted a topic about it on my site It was quite an annoying experience!! I dont my credit score South Dakota understand peoples fascination with credit scores.

I wager, actually, that most people get car loans, even if we here my credit score South Dakota at GRS all pay cash for slightly used cars So theres another reason to be concerned with your credit score, because youll get lower rates on your car loans. credit report for free without credit card If you are responsible with your card and my credit score South Dakota are able to pay off your bill in full each month then you can reap rewards just for spending money you normally would. Simply paying my everyday bills, groceries, gas etc has yielded me frequent flier miles, gift my credit score South Dakota cards, and hotel stays. While this post might seem pointless to you, not everyone is disciplined enough to handle credit cards responsibly. For those people who just finished paying off huge amounts of revolving debt and plan on canceling their cards, this information is very helpful.

Please be considerate and understand that not everyone is like you. For example, I dont travel, so I virtually have no need my credit score South Dakota for a credit card for hotels or car rentals. free credit report request

I already bought a house, so the credit score is pointless to me. I would rather cancel the cards than risk pulling myself back into debt. Its all about whats best for your personal situation, and only you can make the my credit score South Dakota best decision for yourself. This article was obviously not intended for you, so please dont insult the post because it isnt tailored to your likings.

@David Credit scores are used in many areas of your life. Having a good credit score can actually save you money on insurance.

Also, I have heard of employers looking at potential employees credit score. I dont think thats right, but for many reasons, your credit score remains important. There was recently a post on this on the simple dollar. After seven years, his past history will dissappear and then his credit score will take my credit score South Dakota a hit. Im not saying that he should keep credit cards, but that not enough time has passed to know the real impact. Ill try to write a follow-up article about why my credit score South Dakota we *did* cancel the cards even after getting to the point where my credit score South Dakota we could easily control them. free credit report laws Its simply too big of a discussion for a follow up comment here. A couple have asked *if* we plan on using credit again at all. We dont plan on borrowing again (but arent so hardcore that plans couldnt my credit score South Dakota change eventually). As for emergencies, if there were a true family need or medical need, wed do whatever it my credit score South Dakota takes to handle that. Wed easily go into debt or use credit for things of that nature. The specific emergency would dictate our priorities then. Lastly, #8 Adam, can you explain your comments on hotels? Are you talking about a high-end chain or placing a reservation that you can cancel?