Recent content by munq

VERY true. I'm no expert, I just speak from what I've experienced. I just went through the whole home buying, load application, bullshit a couple years back and I'm only speaking from what I learned then.

It's about self control. :P Having a credit card doesn't mean carrying a balance. I do the same thing and use my check card for most purchases. I only use my credit card when I have to. The whole "OMGZ EVERYBODY AND THEIR GOLDFISH IS IN CREDIT CARD DEBT" is because too many people think...

Use it the one time, cut it up, cancel it 12+ months later and it'll effect your score less. Excessive Opening/Closing credit cards can effects your score a lot. Doing it once in a while will effect it, but not as much. Just don't become the person who opens and closes a card every year to...