If I won a million dollar lottery ticket and decided to take the 50k per year lotto pay routine. Should I expect to see a shower of "Pre-Approved" credit cards coming or is my credit rating seperate from a lottery windfall?
2006-12-02 03:54:59 · 4 answers · asked by Michael T 2 in Business & Finance ➔ Personal Finance
If you pay off all your plastic and show zero debt, your rating will improve, a lottery win will not erase any problems from previous late payments, collections or judgments.
2006-12-02 04:04:51 · answer #1 · answered by heather 2 · 0⤊ 0⤋
Im poor and I get them .. Of course you will get a credit rating unless of course at some time in the past you didnt pay back a 1.000.000 dollar loan
2006-12-02 12:00:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Paying your bills AFFECTS your score... Winning $ means nothing.
The pre-approved cards comes in droves as it is.. nothing should change.
2006-12-02 15:30:45 · answer #3 · answered by Kitty 6 · 1⤊ 0⤋
I would expect they would take your new circumstances in mind
2006-12-02 12:02:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋