Q: I am quite new to this credit world. Very recently I applied for a secured credit card and now I have one. My question is: how can I build a better credit history? Make large purchases or small ones or keep the card inactive? Whatever the way I use my card I am prepared to make my balance paid in full each month. Please suggest me the best way to use this?
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Q: I was an authorized user under my fathers credit card. He Passed away with balance on his card. He had insurance protection but did not have his estate setup. Now the credit card company has reported the balance on my credit report. This has severely lowered my credit score. What do I need to do?
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Q: In my divorce decree, it is stipulated that my ex-husband must pay off a credit card which is under my name. For the last six months, he has not fulfilled any monthly obligations on those payments. This has incurred large late payment fees and more importantly hurt my credit score. How can I get this card put in his name to affect his own negligence?
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Q: Does adding someone else to my account as an authorized user help their credit score?
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Q: My credit card charges a monthly fee with or without a balance. Why is it bad to completely close a credit card once you've paid off the balance?
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Q: If I receive a "pre-approved" credit card offer in the mail does this mean I am "guaranteed" to receive the credit card?
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Q: Is there a table or a scale that shows if your credit score falls under poor, fair, or excellent credit?
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Q: Will closing old credit card accounts help my credit score?
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Q: If my household brings in $50,000 after-taxes annually what is a reasonable amount of credit card to carry-over each month?
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