I use my credit card to buy stuff (shopping, electronics etc). There are times I'm not happy with my purchase so I have to return it. Will it hurt my credit points?
2006-06-22 07:09:04 · 6 answers · asked by kirsten_natalie1985 1 in Business & Finance ➔ Credit
no. there is absolutely no way that can damage your credit. In fact, I think you just discovered the one thing that CAN'T damage your credit. what you do is just normal consumer actions. everyone does it and other than making sure you're credited back your purchase amount, there's no way it can do any damage.
2006-06-22 07:21:56 · answer #1 · answered by Anonymous · 6⤊ 0⤋
putting out too many money owed too rapidly is likewise a purple flag to credit agencies. Even too many inquiries can decrease your score. Debt to earnings ratio has replaced. in case you in simple terms offered furnishings, i'm making a gamble that one is in simple terms about maxed out. undesirable to your credit. sounds like another one is in simple terms about maxed too. additionally undesirable to your credit. you besides mght took useful once you paid off that computing device by potential of last that credit account. All that being reported 40 factors is large regardless of the undeniable fact that it is not huge. If he somewhat had stable credit in the previous, he could nevertheless be interior the gorgeous stable variety. 740 right down to seven hundred isn't undesirable. on the different hand, if he became right into a 620 and you thought that became into doing exceedingly stable, regrettably, you have been incorrect. you're genuine if he went from 620 to 580 he went from no longer great to very undesirable credit. i desire that's no longer the case. If he's below six hundred it's going to be hard to get loans and the loans you do get would be intense pastime. in simple terms initiate paying off those taking part in cards and not putting out new money owed to construct it lower back up.
2017-01-02 03:52:39 · answer #2 · answered by anteby 4 · 0⤊ 0⤋
Not at all.
In college, I bought my wardrobe every month and returned it before closing. My score went up because I had a lot of activity but a zero balance every month.
2006-06-22 13:44:57 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No. Late payments will damage your credit score.
2006-06-23 13:20:12 · answer #4 · answered by John H 4 · 0⤊ 0⤋
No it shoul not but mabe you could try asking for cash back instead of them adding the charges back to your card.
2006-06-22 07:14:37 · answer #5 · answered by shunti 1 · 0⤊ 0⤋
no
2006-06-22 07:12:57 · answer #6 · answered by Anonymous · 0⤊ 0⤋