being an authorized user of a credit card is ruining my credit score. What do I do? My dad added me as an authorized user of his credit card without me knowing. He thought he could build my credit because he has 100% payment history. But he has accrued a lot of credit card debt becuase he didn’t know that would affect my credit score (~3k). this is negatively impacting my score because it is like 50% of my credit utilizaiton. i…

Student Loan + Credit Card Debt Hello friends, I am looking for some advice on what to do about my credit card debt and student loan debt. I have about $34,000 in student loans (private) and $6,200 in credit card debt. My credit score is between 650 and 720 (different sites are telling me different numbers) I make about $33,000 a year. My part of the Rent is $650 Can provide a…

Car dealership checked 3 places for me to get loans without asking even though I told them who I was getting a loan through, now the credit checks have hit my credit by about 25 points I got a car in March. I already had my bank lined up to get the loan, and between the places I already checked I had 4 checks on my credit already. I go to the dealership, tell them who I’m getting the loan through, and they say ok. The guy walks in the back, comes back and says “so we checked around and the bank you said seems like the best opt…

Should I use the money saved for taxes towards paying down credit card debt? My partner has put aside money for her taxes every paycheck (she is 1099) for the past year. She has about $12k saved, and has just about that much in credit card debt (~$12k @ ~20% APR). She hasn’t filed her taxes for last year so is unsure of how much she will owe after making deductions. I suggested that she use the money saved to wipe out he…

Credit Card Debt and Lost my Job – looking for advice Hi all – was looking for some advice on what to do about debts and budgeting while i’m Unemployed. I was laid off from my job of 7 years in June. I’m 31 and rent apartment with no kids or spouse, just a dog. I was making about 105k at my job and lost it recently as I was unexpectedly laid off when my former employer went through a restructure. …

First time credit user: is this a good idea, and how to not use it like a moron I (23F) have exactly zero credit history. I’m still a college student (took 2 years off during the pandemic) and have been afraid to take out a credit line due to lack of stable income and not really understanding how they work. I’ve done some digging over the past few days and come up with two options: Discover It Student Cash Back or Bank Of A…

FlyDubai Credit Card Verification Hi all, my husband (PK national) is meeting me in Dubai. I am currently in Canada, and we used my credit card to purchase his ticket. We’ve been on the phone with the FlyDubai office, and he will not be allowed to board unless I am physically with him to show my credit card, or if I fly to Dubai earlier than him and verify my credit card in pers…

Least bad way to tap into home equity to pay of credit card debt? Overcome by a series of family events over the past few years and now have credit card debt of roughly $45k on two credit cards. Things are stable now and we pay off everything we spend in a month plus a few hundred dollars more but the accumulating interest is still causing the balance remain the same or even increase slowly. We own a house tha…

Verifying Income for Credit Card Hello, ​ I’m 21, recently graduated and moving out for my first full time job, and my credit score is 760+. I applied for a Bilt mastercard since I want the 1% points on rent. After not hearing back from them for 2 weeks, I call and they said they sent an email requesting income verification that I never received. The only form of verification t…

Will credit utilization ratio improve if I pay off cards early? I’ve been spending more recently, and I’ve seen my credit score start to fall. Each of my cards automatically pays the full statement balance every month from my checking account. I’ve read about credit utilization ratio, and I think I initially misunderstood what it meant. I assumed that since I have never carried over any debt after each month…

STAR Credit for Coop Our coop issued an assessment for the month of July and applied the STAR credit along with NYC tax abatement to help offset the maintenance bill for July. We received a separate check from the city for our STAR credit as well. Can we cash this check if the coop board is saying they applied STAR Credit to our July maintenance bill already? Or was…

My bad credit to good credit journey using credit cards In early 2020, at 31 years old, my credit score was roughly 580. At 34, my score is now 745 all through regular credit card usage. My credit was initially bad due to using credit cards irresponsibly back when I was around 23-26 years old. I had 2 store credit cards and 2 capital one credit cards (all with low limits of $1000 or less) that had we…

My credit card was fraudulently maxed out hours after activating it. How is this even possible? Brand new card, straight from the shipping envelope into my wallet, activated it shortly before using it to check into a hotel. My card was declined at checkout because the balance was maxed out from purchases hundreds of miles away. It had not left my wallet in the interim and has never been used online in any fashion. Short of a very blatantl…

Recommendations for building credit and saving for retirement?? I’m 26, never had a credit card, have ~20k in student loan debt (& climbing- almost done with college though), but I pay my bills/rent on time and have a couple thousand dollars in savings. I feel so behind in planning/saving for the future. Any recommendations for how to get started? My friend suggested the Acorn app but idk about having a pai…

Best credit card for gas? Hey guys I’m looking for the best credit card for rewards/ cash back from gas stations/gasoline purchases. Need to add a card to get my score higher I think. (No annual/monthly fees as well) submitted by /u/ImagineBeingBullish

Is it okay to use 60-100% of my credit limit for one purchase? I’m new to using a credit card and I have the money to pay it off but I was just wondering if it was good or bad to use most of my limit on one big purchase which is a new phone. submitted by /u/Soulfood_

About $7k in credit card debt. Hard to not use the credit card at the same time because I feel like I have a cash flow problem First, definitely have a spending problem if my credit card keeps getting so high, but at the same time I feel like I don’t over spend on too many things. About me: 27 years old, after my 401k, insurance, ESOP, taxes, I take home $1,370 biweekly. So let’s say 2,740 monthly. Car and insurance are $370. I split rent with my girlfriend which is $6…

Reserve the Next Galaxy Smartphone, Get $50 Credit via Pre-Order Reservation Samsung offers *$50 Samsung Credit* with *Your Reservation* to *Pre-Order Next Samsung Galaxy Smartphone*. Thanks to staff member *DealiusCaesar* for finding this deal. *Note,* enter name and…

You can get $50 in Samsung credit when you reserve a forthcoming Galaxy device Illustration by Alex Castro / The VergeSamsung only just announced that its next Unpacked event will take place on July 26th at 7AM ET / 10AM PT, but the deals are already trickling in on the company’s next slate of Galaxy devices. Starting today, you can place a preorder reservation one of two ways, each of which entitles you to $50 in Samsung …

Credit Card Financial Hardship – Does it impact credit score? Hi! I was offered a 9.99% APR by Discover as I am experiencing financial hardship. They mentioned that the account will be “SUSPENDED” during this time. I did the same thing with Amex CC but they offered 7.99% with account active status for 12 months. Discover offer is for 6 months with “SUSPENDED” state. I would like to know if it affects my cr…