Yes that will help pay on time and get the account below 30% of your limit, then keep it there, or below. Scores can drop fast, but they come up slow
2007-05-29 08:35:21
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answer #1
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answered by Pengy 7
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Having a good credit rating, helps a consumer get a loan or credit at better rates and for larger amounts.To know "How to improve credit rating, credit score" plz follow link-
http://www.acreditlibrary.com/improvecredit.html
2007-05-30 12:52:31
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answer #2
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answered by ram k 3
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The first poster is correct.
You need to always pay before the due date and get your balance below 30% of your total credit limit and keep it below 30% every month.
2007-05-29 15:40:52
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answer #3
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answered by ? 7
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yes...pay off at least the minimum balance and keep the balance under 70%, also refrain from applying for new credit as that will lower your score
2007-05-29 15:36:47
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answer #4
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answered by Sens Enforcer 4
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Yes, but it takes time...
2007-05-29 15:45:52
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answer #5
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answered by shorty21 5
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