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How much of my credit card do I need to have paid to improve my credit score? October 17, 2009

Posted by Banking in : Credit , add a comment

When I turned 18 I knew I needed credit cards to grow credit. When I reached the $500 limit on my first card and the $2000 limit on my new card when I found that this was not good for my credit. I hear that as long as you don’t spend more than half of the available balance your credit will be fine. Is this true?Submited by:Janie

will my credit card insurance pay off bills for someone I added to my account if they die? October 17, 2009

Posted by Banking in : Personal Finance , 1 comment so far

sacch4 asked:


My grandfather has added my uncle to his credit cards that have credit insurance on them. My uncle passed away and the credit card companys says they will not pay off the debt accumulated by my uncle because he was not the primary card holder. Is this legal? What rights does my grandfather have?

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