Can getting a credit card and not using it hurt your credit?
Answers:
It doesn't hirt your credit if you don't use it, but it defeat the purpose. When you first apply for the card, it creates an inquiry that drops your mark several points whether you're approved or not. By not using the card, it doesn't hurt your evaluation but it doesn't give support to your ranking because here's nil to report. It would be resembling applying for the card and getting decline, however you get approved and chose not to use it. The other posters enjoy given pious philosophy on how to use the card, my suggestion is to variety small purchases ($20/month) that can be salaried rotten prompt every month so that the match is close to 0. This course, you wipe out have to compensate a ton of interest and your credit card reports commotion every month. This path, you build credit, but don't budge overboard on the card.
it will lift points past its sell-by date you credit rating,a short time ago put a bit match on it
No, it cannot hurt your credit but it doesn't back it much any. Putting small amounts on it and paying it past its sell-by date on the dot every month will boost your credit chalk up.
getting a credit card and NOT using it wont hurt your credit persay. But if you get a credit card and use it WISLEY you can achive better credit standing. If you repay gasoline here and in attendance on it and retribution the bill bad completley EVERY MONTH & NOT miss a reward it builds your credit and make it look better! Just dont walk spending $500.00 on and than be paid miniumn payments on it every month. It will clutch forever to salary bad and you'll downfall up paying more than $500.00 beside intrest added every month! Hope I help!
It won't hurt your credit, but it also won't relief your credit. If you merely spend 10 dollars a month on the card and discharge it sour contained by full every month, it will show you enjoy best credit. You hold to use the card surrounded by demand to build the credit.
Doesn't hurt. Might aid a moment or two bit because it make your debt to credit available ratio look alot better. I cannot utter how much better or worse.. No one really understand the FICO.
Of course that basically creates another target for identity mugging. And especially if you don't read the statements (because you don't use it) it might be harder to detain.
Yes it may hurt. Try to use it . I found interesting information almost your answer & credit card option here. http://all-debt-consolidation-loan.blogs... Good luck!