Sentences with phrase «several old credit cards»

I have several old credit cards that show charged off and then a duplicate of that account by a...

Not exact matches

During the early years of student loan repayment, my wife and I also had a $ 10,000 car loan, several thousand dollars in medical expenses from the birth of our oldest children and about $ 2,000 in credit card debt.

If the person has a $ 10,000 limit on a card that is several years old with a low balance, this will increase your credit score substantially.

Because it is one of several brands owned by Gap, Inc., the Banana Republic store - branded credit card, issued by Synchrony Bank, can be used for purchases at other affiliated retail stores, including all Gap, Athleta, Old Navy, Intermix and Weddington Way locations and for shopping on their websites.

The question asked in your last paragraph (what's the downside) is answered simply; if you take out a loan and close the cards, that's a ding on your score because your leverage ratio on this portion of your credit jumps to 100 % or more, and because you'll be reducing the average age of your lines of credit (one line of credit a few days old versus five lines of credit several years old each).

I didn't realize how bad it was to close old credit card accounts, until we started to apply for a loan and I closed several cards out, thinking it would help.

Q&A: How to combine existing card balances without hurting score — Combining several existing balances into an old, low - interest card is a smart move, as long as you keep all paid - off cards open to avoid hurting your credit score.

Rather, it is several steps (such as auto - importing credit cards, importing a file of older transactions, and manually creating some invoices) that, taken together, may approximate a migration.