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Old 10-05-2008, 01:40 PM   #26
uC4F0NVL

Join Date
Oct 2005
Posts
454
Senior Member
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First off, you're ******* stupid. Second, your credit score is going to be **** because of how much debt you're carrying. You really only want maybe two credit cards and then a gas or department store card and with those you want to keep you balance to 30% or under each limit. So.... ya, you don't really know anything about building good credit. Anyone can get a lot of cards and spend an S-load of money, that's easy.

You should sell your stock Monday morning and pay off every bit of debt you have on every card. Then you should cancel as many cards as you have to in order to get down to one or two cards. Then use those for day to day purchases (gas, food, etc) and pay them in full each month. If you have to carry a balance to afford Christmas presents for the family or something that's ok, but try to pay as much as possible as fast as possible and try to keep the outstanding balance to around 30% or less of your credit limit. Continue that kind of plan for a few years and maybe you'll have recovered your credit history.

If you try to get another card you'll have to find one that will extend like $10,000 to be able to wrap all your debt into 0% and THEN you may look at having to pay 3% of the transfer amount in fees in order to do something like that. Plus this will look worse then anything else you've done so far for your credit history. Stop being stupid.
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