Should I pay off student loans or keep it to maintain credit score? I have 20k in savings and once I hit that I mark I’ve put most of my extra income into my student loans for the past 5 months. I started off with 15k loans and now I currently have $3,300 left. My goal was to pay it off before the summer was over but I looked at my credit score and it’s at 764. I recently opened my first credit card account a fe…

When to Request Repairs After a Home Inspection (and When a Credit Is Better) Post-inspection negotiations are an art.

Credit situation/ need advice Hey. So I have a good friend that is attempting to purchase a home. They haven’t had a credit card in at least 10 years. They make decent money, and pay all their bills, and have cash in the bank. Their cscore is 632 and they are attempting to get to at least 640. So Should they just use this card and pay the balance off monthly? Should they pa…

Maxed 2 credit cards and don’t know what to do next. The last few years have been crazy and I wasn’t able to keep up with a couple of my cards as I thought I would. Next thing you know, I’m about $12k in debt in credit cards and I feel stuck. Both of them have now been sent to collections and I’ve been sent affidavits for paying back the money. If I start paying it back I’ll still be stuck in the …

Credit Card Debt Repayments Hello I have amassed approximately $56,00 in credit card and personal loan debt. I’ve been running away from this problem and now I’m ready to tackle it after finally getting sued by one of the creditors. I make $4,200 a month on average after taxes. I do not own any property. What are my options? submitted by /u/Joeluv81

Republicans won’t stop trying to kill Biden’s EV tax credit Photo by Mandel Ngan / AFP via Getty ImagesHouse Republicans advanced an effort to void the Biden administration’s EV tax credits, even as electric vehicle sales in the US continued to grow year over year. The House Ways and Means Committee voted in favor of a bill that would undo the federal EV tax credits, arguing that the rules would result i…

Been out of work since December. Ran out of unemployment. Increase credit card utilization or deplete savings first? Hi, So random financial facts about me. -monthly expenditures of about 2k. 800 of which can’t be paid with credit. -have about 10k in a 80/20 split between HYSA and checking. -Have about 24k in investment account I really don’t want to touch. -Have about 26k in student debt. Payments for this are included at 2k a month. -Have about 8k in se…

The Differences Between a Line of Credit and a Credit Card (and When to Use Each) You don’t have to choose one over the other, but these lending products have certain pros and cons.

Help with credit reports regarding student loans Not sure if I should post this here or r/StudentLoans, but I looked at my credit reports thru CreditKarma and I have 3 separate outstanding loans listed as “US DEPT OF EDUCATION”. There are some discrepancies based on timing and a minor amount of research i’ve done so far, just wondering where to go to ask the right questions. Thanks in advance….

Why did my credit score drop so drastically over a single credit check Hey all. I’m under 20 so very new to all this. I was told that I should be applying for a credit card to slowly build my credit score. It was 891 a few days ago. When I applied to a reputable credit card place it dropped 46 points all the way down to 845. Google says one hard credit check will usually only drop it by 5-10 points. Hoping someone …

Need some help on how to plan out to pay off credit card debt 33 year old single living in NYC with 120k base income please help me budget to recover from debt I currently live alone and own a place. Base salary is 120k, with potential bonus being around 10-12k. Currently have 25k credit card debt(0% APR currently but will be more than 20% from Oct 2025) due to unexpected medical expense. And ran out of sa…

Mom put my name on her credit cards (and is currently sinking credit) help My mom intended well – she wanted me to start my adult life with credit under belt and so she had added me to a few of her credit cards. However, she’s currently maxed out on the cards and it’s really hurting my credit (currently at 560). My cards are often paid in full, so I know it can’t be from mine entirely. I’m looking at moving and really …

LPT Put recurring credit card charges on a separate credit card It’s so convenient to see how much you’re paying for monthly recurring services when they are nicely and separately on a different credit card than the one you use daily for random purchases Edit: this is getting some hate. I have a bunch of credit cards (I have a good job) which I open whenever I don’t feel like moving money (i.e. sell stock) a…

Can I fix my credit? I’m 48 and had my score up to 830 with perfect history. Then I went through some stuff and racked up $70,000 in credit card debt just to survive it. I haven’t worked in a year and am over limit and six months past due on all my cards. Every card has been closed by the bank and I no longer have an open credit card. My score is just under 500. Aft…

Paid of credit card debt. When will my new score update? I had over 7 grand in cc debt. Paid it off full today. Currently my score is 640. Never missed a payment. I think it was that because I was using a big percent of my limit. How long until my score moves back up? submitted by /u/throwawayshatever

I admit I have a problem: how did you stop using credit cards? I’ve been living outside of my means for around a decade now, I’m 32 and started swiping credit cards in my early 20s. I could make excuses for some of it, but mostly I got addicted to wanting something and having it immediately. I’ve been blessed most of my life by having “get out of jail free” cards, whether that is family, inheritance, tax re…

Air transit won’t refund travel credit or let me book with it? Hey I just wanted to get some advice because I don’t know what to do anymore. I was scheduled for a trip for $1,200 in 2020 which obviously got canceled because of Covid. Air transit didn’t refund my money and just said they will keep it as a credit for a future trip but I have to use it in 2 years. I called and spoke with them around the 2 year…

Fraud victim and potential credit card debt Hi, Person living in a developing country here. I’ve been royally f***d with a fraudulent purchase using my credit card worth the equivalent of around $7K. I have zero idea on how it could have happened. My best bet is a data leak I don’t know about or that one time a few months back where I changed my flight booking over the phone and had to s…

Credit score keeps going down I just had an above 700 score get reduced 34 points because I had used 900 of my 2500 balance. I pay my card off every pay period but credit karma seems to give me numbers right when I’m at the highest spend on my card. I use my card for the poits I get back (about 100-150 dollars in 2 months). What do I do about this? Do I stop using it and go …

New credit card or refinance car? Hey everyone, This year, I focused on paying off a lot of debt and managed to increase my credit score from the 500s to currently 720. I want to avoid have high credit utilization in the future and want a good credit card with travel benefits (chase sapphire or amex), but I am also considering refinance my car since rates are better. I bought m…