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2 years, 6 months ago via Twitter

Is it better to have a high credit limit or a low one to start establishing (good) credit?

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redgold | 2 years, 6 months ago view on twitter
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It depends on how responsible you are with money. It is not the credit limit that matters so much as paying your bills on time. With credit cards, carrying a small balance each month helps your credit. If you rack up a bunch of debt, even if all of your cards have low balances, your credit is going to be poor. I cannot stress enough how important it is to pay your bills on time.

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kareul | 2 years, 6 months ago view on twitter
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It does not matter if it is high or low. Do not overspend. Spend less than you earn and pay your bills before they are due. They like to switch the payment dates on you.High Fico score is the best way to start and it is the way to stay for the rest of your life.If you have a great fico score you get discount on car insurance,it helps you find a job quicker. It is really benefit you.

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worldflavors | 2 years, 6 months ago view on twitter
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I rebuilt my credit with a low credit limit, but it does not matter what the credit limit is.

what matters is that you pay on time, all the time. They want to know that you are credit worthy by not missing a payment.

I would suggest using an automatic payment system online if your credit company offers one, or if not you can check with your bank and see if they have a Bill Pay program.
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