Tag Archives: credit cards

Will charge offs on my credit affect my ability to take out a personal loan?

Posted March 8 by Tracy Becker (Credit Expert), Leave a comment

Q: In the past couple years, I have had 3 charge offs on my credit (one is a cable bill and the others are credit cards). If I pay them off, how much will they affect my credit and my ability to get a personal loan? Read More.

If I close an old credit card that I never use, will it hurt my credit?

Posted January 11 by Tracy Becker (Credit Expert), Leave a comment

Q: I am thinking of closing an old credit card that I never use will this hurt my credit? I am planning on buying a property and don’t want my score to drop.  Read More.

How can I tell if a credit repair company is legitimate?

Posted November 30 by Tracy Becker (Credit Expert), Leave a comment

Q: I am thinking of purchasing a property within the next year and I need to fix my credit. How can I tell if a credit repair company is legitimate? Read More.

How many years does it take to clear your credit when you owe money?

Posted September 11 by Tracy Becker (Credit Expert), Leave a comment

Q: How does owing money on a credit card affect credit scores and how long does it take for the bad credit to clear from your history? Read More.

What do I need to consider before applying for a new credit card?

Posted July 16 by Tracy Becker (Credit Expert), Leave a comment

Q: I was thinking about applying for a credit card that would give me more points and rewards for all the money I charge. What should I consider before doing this in regard to my credit scores? Read More.

I just moved to NYC from outside of the United States, so I don’t have American credit. How can I build my credit so that I can buy a co-op or condo in NYC within the next two years?

Posted May 15 by Tracy Becker (Credit Expert), Leave a comment

Q: I just moved to NYC/the U.S. and it seems I have pretty much no American credit.  I am planning on buying a co-op or condo in NYC within the next two years. How can I build credit with a purchase in mind? Read More.

Can you tell me what the different types of credit are?

Posted February 16 by Tracy Becker (Credit Expert), Leave a comment

Q:  I was listening to your radio show and heard Tracy (Credit Expert) talk about different types of credit.  Can you tell me what they are? Read More.

My friend told me that having a high debt on anything on my credit would hurt me. I just got a new car. Is the fact that the balance due is high going to hurt my credit?

Posted January 31 by Tracy Becker (Credit Expert), Leave a comment

Q:  My friend told me that having a high debt on anything on my credit would hurt me.  I just got a new car. Is the fact that the balance due is high going to hurt my credit? Read More.