Mothering › Forums › Natural Family Living › The Mindful Home › Frugality & Finances › question about credit
New Posts  All Forums:Forum Nav:

question about credit  

post #1 of 4
Thread Starter 
i guessi post this here...

i have NO CREDIT so i got a store credit card (since i cant get a regular credit card) andbought something. now im being told conflicting things....
1person told me that i should pay it off right away(before 6 months) so i get good credit.
another person told me to wait 6 months then pay it off or else its like i never even used the card..

which is true?!?!

thanks!
post #2 of 4
I think the most important thing is to always pay on time. I would pay it off immediately. It doesn't make sense to pay interest if you don't have to.
post #3 of 4
We have always paid off all our credit cards each month and have an excellent credit rating.
post #4 of 4
Quote:
Originally Posted by counterGOPI View Post
i guessi post this here...

i have NO CREDIT so i got a store credit card (since i cant get a regular credit card) andbought something. now im being told conflicting things....
1person told me that i should pay it off right away(before 6 months) so i get good credit.
another person told me to wait 6 months then pay it off or else its like i never even used the card..

which is true?!?!

thanks!
Try nosing around this site:

http://www.bankrate.com/brm/green/cc...o.asp?caret=46
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Frugality & Finances
This thread is locked  
Mothering › Forums › Natural Family Living › The Mindful Home › Frugality & Finances › question about credit