For example lets say i spent 100 dollars with my credit card. the bill comes to me and says that the minimal fee i owe is $10.00. If I pay ten dollars for 13 months with an increasing  interest. Is my credit score going to get better? Or is it the same as just paying the $100.00 at once?
131811
Depends on your credit balance vs the credit limit on the card more then the amount you pay. The best thing to do would be to pay more then the minimal fee. Perhaps pay it off every month until you need your credit score for a purchase. Try to keep your minimum around $25 to $50. A low minimal payment also helps your score. Always keep the amount charged on the card UNDER half of the credit limit. For example, if your credit limit is $1000, keep your charged amount under $500.
82124
A quick Yahoo search came up with this.\n\nUnder pressure from the Office of the Comptroller of the Currency (which regulates national banks), the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision, some national banks will soon be increasing minimum monthly credit card payments so they are closer to 4% rather than the current average of around 2%. Some major banks have already increased the minimum payments and others are about to follow suit.\n\nTherefore, if you have a $5000 balance, you used to have a minimum payment of $100.  Now it's increased to $200.
268738
I would pay just a little more than the required payment.  If you HAVE to pay $200, pay $250 or maybe even $300. If you just keep paying the minimum payment, the interest will eat you alive.  You will start with a $1,000 debt, and by the end, you will have paid $10,000. Pay those off and get a loan at a real bank to build your credit.  Stay away from credit cards as much as possible.  For online purchases, I use pre-paid credit.  Much much cheaper.
570003
whatever you do don't pay it off. something that old no longer has any effect on your score so just leave it and be thankful. charge offs look bad on a credit report bcuz it shows that not only did you not pay on time, you barely paid at all and the only result was to charge off your account in hopes of retaining some money back. should you decide to pay off the card think about this. once you pay off that balance, the bad credit history from that point up until now will come with it. You will actually lower your score drastically by paying off your old debt. leave it alone a nd move on.
498735
If it goes past due...it will hurt your credit score. Ask them if you can make an interest only payment...that should help with a little extra cash and also not hurt your credit. If they agree, make sure you first ask if they will report it as a delinquent payment.\n\nMike\n\n================
97911
When I check someone's credit I take the amount of payments there are ( on a credit card this is one payment a month until the experation date) divided by how many payments made, minus late payments. So they are both right. If you pay it all off, at least keep the card active so that the amount of payments stays there. If you just pay off a big chunk that's okay too, but of course there will be interest accrued giving you more payments to make, and if made on time a better credit score.
351072
Don't pay it all off, carry a small balance, never miss a payment, pay more than the minimum payment, use it, a lot of your credit score has to do with whether you are "using" your credit.
366644
No, all it show is what the minimum payment is and the new balance.  Balances are what is important if you are concerned with your credit score.  Any revolving acct that has more then 50% of the balance used will impact your credit score
559103
As you make purchases, and make your monthly payments\nON TIME, you will automatically qualify for limit increases. If a year has passed, and your account has been kept in good standing, you can also request a limit increase. Keep in mind, if your goal is to stay out of debt, increasing your credit limits does not sound like a good idea. The fastest way to improve your credit score is with an installment loan, like an auto loan or mortgage. You get a lot more points for paying this type of loan on time than you do revolving, or credit card accounts. Any other questions in this area, feel free to contact me.
363034
If you pay them completly off it will help your credit rating and help increase your credit amount. If you pay them off alittle at a time you will be paying mostly interest.
570521
Unfortunately not. There are many factors that make up your score. The biggest percent is how you pay your bills (timely or not). A few other factors include, the debt to available credit ratio, how long you have had credit, how many accounts you have open, etc. If you go to annualcreditreport. com, you can purchase the score for 5.00. That is the cheapest I have found.
49409
First of all, you don't want to pay off your credit card every month.  You need to keep some outstanding balance to show activity.  I'm not saying to charge it and pay minimum either.  You should pay double or triple the monthly payment each month.  That will show the credit card company activity.\n\nCredit card companies usually review a customer's account every six months, at which time they decide whether to increase your credit limit.  You can also call them directly and ask for credit limit increases about every six months.\n\nAlso, did you know that once you establish credit, YOU can negotiate your interest rate?  A lot of people don't know this.  If you call the credit card company after having the card for a while, you can ask them to lower your interest rate after showing a good payment history.\n\nConsider a secured credit card. To obtain a secured credit card, you open and maintain a bank account or other asset account at a financial institution as security for your line of credit. Your credit line will be a percentage of your deposit, typically from 50 to 100 percent. Application and processing fees are not uncommon for secured credit cards. In addition, secured credit cards usually carry higher interest rates than traditional non-secured cards.\n\nYou also might consider getting a credit card from a local store, but make sure they report to the credit bureaus.
228132
While it will negatively affect your credit it is better than having a charge off or a bankruptcy.  One thing you can do is to pay extra, so that you get out of the program faster.  Once you have completed the payment plan, you should use a credit card with a good history once a month and pay the balance off.  This will show a good use of credit.
339639
I got an increase about a year after I received my capital one card.  And the sad thing is you can't just call and ask for one because they don't do it.  So all you have to do is keep paying on time.  Keep your balance relatively medium-ish - eventually they will increase it without you knowing.  The plus side to waiting is that you DON't hav the higher limit.  LOL.
487058
You need to sit down and make a list of all your monthly bills that don't change.  Rent/mortgage, car note, insurance, etc.  Then estimate your variable bills like utilities, gas, food, etc.  Subtract these from your monthly income.  What you have left over is BILL PAYING MONEY.  Divide this number by two and that will tell you how much money you should put towards those CC payments at EACH paycheck.  Don't just pay those cards once a month.  Pay them every time you get paid!  This will reduce the interest charges you incur, as well as increase your credit score because you have a lower revolving balance.  The faster you pay it down the better off you will be.  Once you get that under control, set a limitation on yourself. Never put more charges on that card than the extra money left after bills that you calculated earlier.  I know this sounds tedious, but will some discipline you'll get the hang of it and it will be like second nature after a while.  Pay down the bills with the highest interest rate the fastest, but don't ignore the other ones.  Have fun with it and mark your paydays on your calendar ahead of time to remind yourself to pay those bills!  I started doing this almost a year ago and my credit score is now 740.  I started at 640!  Every time you want to buy something unneccessary and charge it, just think about how much better off you'll be if you maybe wait a while until you can afford to pay cash for that same item.
218595
they may negotiate the interest portion of the balance you owe. But- not likely... They would prefer that you just keep your money and make the minimum payment each month for the rest of your life.  What incentive do they get by taking less than the balance?  They don't want you to pay the account off. They gave you the account in the first place so that you would use it, keep a balance on it so they can charge you interest.  Why not just negotiate a lower interest rate.  If they say no to that, tell them you will be shopping for a lower interest card & do it & close your account.\n\nThe only situation that I know where they will eagerly negotiate and accept less than you owe is if you are in default on your account already.  They will then be more likely to take what they can get now instead of spending the money to try and go after you via collection agencies or court. Since you just refi'd your house I am assuming your credit accounts are in good standing though & probably doesn't apply to your situation.
446951
1. Making payments doesn't always raise your score.  If you pay it religiously it might go up but not much...it would have to be awhile.  Like a Credit Card, it should come off after 7 years.\n2.  Orchard Bank is a good one. I am using that one to repair my credit and they aren't outrageous at all.  Have had them over 2 years and they took off the annual fee for me because I never was late making a payment.  Repairing your credit score won't happen over night...takes alot of effort and patience!