Metal Guitarist Forums banner
61 - 69 of 69 Posts

·
Resident Winger Overlord
Joined
·
4,287 Posts
It's been almost a year since I opened this one.
I know it's going to take some more time, but should I be opening another line of credit now?
I've been reluctant to so far, mostly because there are so many untruths about credit online, I wasn't sure if this is the rite way to go about it
 

·
Bro of Bros, Bro.
Joined
·
15,373 Posts
Wirelessly posted

The credit card is a good start, but some cards are looked at as products for high risk users.

You could get another card, or possibly a gas/dept store card. Ideally having a car loan would help as well, something more amortized vs. a revolving line.

There's nothing wrong with having two cards open. Depending on utilization it will probably raise your credit score because you should have more of an available credit to utilization ratio.

American Express are good cards. You could look at something that allows you to treat it as a credit card instead of a charge card. Shoot for a card that has rewards that you can maximize, i.e. gas, grocery, postage, etc.
 

·
Registered
Joined
·
1 Posts
Wirelessly posted

The credit card is a good start, but some cards are looked at as products for high risk users.

You could get another card, or possibly a gas/dept store card. Ideally having a car loan would help as well, something more amortized vs. a revolving line.

There's nothing wrong with having two cards open. Depending on utilization it will probably raise your credit score because you should have more of an available credit to utilization ratio.

American Express are good cards. You could look at something that allows you to treat it as a credit card instead of a charge card. Shoot for a card that has rewards that you can maximize, i.e. gas, grocery, postage, etc. And I also took a payday loan at moneyzap recenty

It's been a while that someone has posted here
I think starting a new thread having this one pinned on the top of the forum is a bad tone

I was wondering since it's 2021 and mobile apps are way more efficient than back in the day, which apps do you use to track your personal finances?
I have like a dozen small loans on my behalf and tracking all they take me an hour a day
maybe there is a way to do it more efficient?
 
61 - 69 of 69 Posts
Top