My name is Mike.. I read your terrific advice, and it is great.. One question though about what you said about "get rid of and dont apply for capitalone credit cards".. cause they show maxed credit... I have fourof them, how can i tell that they are showing the exact same thing youdescribed?? thanks in advance...
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if you get the balance off the cards your score will rise no matter how you do it as long as you don't go over 80% on another card
You need to check your credit to make sure I am telling facts.
I have heard this from several reliable sources but i do not have direct confirmation.
do you know how they are reported and what your score is
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right now my score is 620. all 4 cap one cards are showing my credit limit as 0$ but shows my balances.. so I assume that is what you were talking about... so if i transfer those balances off of capital one cards to the others like hsbc for example, then that would be good for my score right? and still leave the capitalone cards still open, just with no balances? right? or just close them afterwards? by the way I really appreciate this.. if there was a linkon your site for a donation, i would send you one.. Ive told others about your advice after I noticed it... thanks!!
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well I KNEW IT
Ive been told this is fact.
yes...four cards could up your score big time i bet up to 700
I don't think it would be wise to keep the capital one cards active for any reason. if you can close them AFTER you have paid them completely off
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I am gonna transfer the balances off and will post an update later on... thanks again for your terrific advice...
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ur welcome
Thursday, January 18, 2007
Don't use Capital One Credit Cards
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