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Credit cards

Started by Myshekeyla T.
Followed by: @Nicole @Thomasina @Diandra @Ashley @Luis @Tonya @"Sherrie D" @Shaira @Lanna @Mindy @Monica @Brittany @Roberta @This @Neosha @Christine @Katie @Kirsten @Heather @Christy @KIMBERLY @Lucy @Tanitra @Sabrina @Alicia @Alicia @Kristina @Shamika @Angel @ALEXIS @Joanne @Lashanda @Lashonda @Melissa @Gobby @Suzanna @Kristen @Shalanda @Melissa @Myshekeyla @Crystal @Angela @Ashley @April @Ming @Brittany @Misty @SABRINA @April @Rosa @Jennifer @Carmen @Aaron @william @Lakisha @Denishia @angel @Veronica @Samanthia @Amonte @Paula @Jessica @Donald @Travis @Deborah @Beliques @Lisette @Amy @Timneshia @Angela
MC

Ming C.

How long should I wait before I apply for another credit card such that my credit score will not be greatly impacted?

AM

Ashley M.

A general rule on how long you should wait between credit card applications is three to six months.

DJ

Diandra J.

How much? Depends on the day, week, circumstance, etc. But I do pay for nearly EVERYTHING with a credit card because of the rewards (I pay off my statement balance or the card entirely every month). Haven't used my debit card in years.

EB

Elena B.

I put all of my variable expenses approximately $1000 per month on my credit cards which I pay off every month. With that method I am able to keep my credit score and also earn cash back rewards.

@Ming: Most hard inquiries will stay on your credit report for two years. Hard inquiries for mortgages and car financing will combine if done in a certain window, but credit cards do not. Generally more than two inquiries are considered excessive to the credit agencies.

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