Saturday, August 8, 2009

Do check cards go toward your credit score?

I have a checking account with wachovia and a check card that I use like a credit card rather than a debit card, I also have a mastercard through my college and I was wondering if using these helps my credit score?



Do check cards go toward your credit score?

If you%26#039;re good with money apply for a student credit card. Bank of American has them and other banks.



Other than using that check card use the credit card then go home transfer the money from checking to the credit card. That will help your credit score. But again only do this if you%26#039;re good with money right now. If you%26#039;re late paying or don%26#039;t pay at all it will hurt your score more than it help.



As eveyrone else has said it doesn%26#039;t help your score using a debit card.



If you goto https://www.annualcreditreport.com



you can get your free credit report (once a year) you will see on your report only your blance of your account is listed not a %26quot;credit limit%26quot;



Do check cards go toward your credit score?

no it does not.



Do check cards go toward your credit score?

Credit cards do count towards your score. Debit cards do not.



Do check cards go toward your credit score?

No. Checkcards do not go toward your credit score.



Do check cards go toward your credit score?

yup, anything that has a line of credit (i%26#039;m assuming your wachovia card has a visa or mastercard logo) will show up on your credit report and go towards your score. just dont overdraft and you%26#039;ll keep in good credit



Do check cards go toward your credit score?

Yes and no. Your debit card doesn%26#039;t get reported per se, but your checking account does. So don%26#039;t abuse the check card.



Do check cards go toward your credit score?

No it won%26#039;t. If you don%26#039;t have to make payments on a card and there isn%26#039;t interest then whatever card it is will not affect your credit. A check card is just like writing a check, even if you swipe as a credit card, you are spending money that you have. Credit is the amount of money people will loan a you with an interest rate, the better you interest rate the better your credit. The more money they let you have, the better your credit, as long as you pay it back.



Do check cards go toward your credit score?

No.



Do check cards go toward your credit score?

No, check cards is not credit! However, some system will approve a charge of a certain without getting an authorization and if you leave a balance, the negative activity will be on your credit report and affect your score.



Do check cards go toward your credit score?

Since your debit card is attached to your checking account, it is not considered a credit card. Your mastercard is the credit card in this case. Use it wisely as with this country, it is too easy to go with instant gratification rather than waiting, and then finding yourself in over your head.



How you use your credit card will affect your history for the rest of your life.

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