For a credit card to be positive on my report do I need to use it & pay the balance off or just activate it?

Answer 1

If it is a capital one credit card you receive 3 positive credit reference per month and 36 a year.. Use your card, make your payments on time, don't go over your limit and keep the account up.. three things that are reported to the credit agencies are longevity of the account *how long it has been open* your balance and payment history.

Answer 2

Credit Card Basics Understanding Five Main Credit Card Terms
By: Joseph Kenny
Here's a bit of information that may help you. You can also use this web site to help with future questions.

Answer 3

Use it and keep the balance below 50% of the credit line.

Answer 4

use it, pay off the balance, and you probably won't see a good mark on your credit report for about 6 months to a year.

Answer 5

Just use the card and pay your dues when your
dues are due and you'll be fine.
This works not only with Credit Cards but with
anyone that lends you anything.
and here's more...
from the Law's point of view:
http://credit-cards.ebookorama.com
and here http://finance.ebookorama.com
also plenty more to read here
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
good luck!

Answer 6

If you have a lot of credit cards that you don't use, it will worsen your credit because creditors will see that you have all this available credit that could drive you into debt, but no history of paying your bills regularly.

Answer 7

Use it and pay off the balance

Answer 8

they are good if you have availble credit and bad if they are maxed out.. a big part of your credit score is available credit

Answer 9

use it, but Not TOO much - dont go near your limit, that could hurt you and pay it in full

Answer 10

just use it every now and then and make timely payments.