i have a good credit score?

Rocio Karvis: you'll get approved without credit, yet you receives raped on pastime expenses. Debit card received't help. Get a mastercard, make the month-to-month funds in finished if in any respect achievable and keep a low debt to credit ratio. Get a discern to co-signal your first automobile loan. That way you may commence to construct your credit without the 20-30% pastime price.

Magda Vandergriend: Credit scores are complex, but I think I can narrow it down. Opening a new credit card will lower your score a little bit, but if you leave the old account open, the amount of available credit will usually offset the ding. In general, you don't want to appear "maxed out" on your report, this ratio of available credit vs. credit used affects 30% of your credit score calculation.Avoid switching frequently to lower interest rate cards, or "card-hopping." It is very difficult to pay down your balances, and opening new accounts all the time makes it harder to keep a g! ood score.Bottom line: Go ahead and transfer it, but leave the old account open. Pay down your balance on time, and avoid seeking new credit. Close the old account when your balance is less than 35% of your available credit. Your score will thank you. ...Show more

Shamika Schools: Transfers do not impact your credit score.