YOUR CREDIT CARD OUTLET

issue credit card.?

I have 18 (yes I know 18 + Credit Cards = bad news) and looking to build some credit with a credit card. I wonder if the amount of money spent each month is a factor in how your (good) credit to be built. I know that you have pay the amount due at the end of each month to get good credit. For example if I get a bag of fries and a drink at work once a month with my credit card then pay the balance at the end of the month, which would be substantial enough to me to start building good credit, or would have to spend more money?

Well to start charging as little and pay every month will do nothing for your report, except to show some creditors have not even change pocket to buy things. Use the card for more than that. Keep your charges to 20% of the total credit available, not max out the card. Pay at least more than the minimum due course. If you can, pay it in full. Remember, credit reports are a "history" of ability to manage credit and make payments on time. Here are some links to the FTC to learn http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre03.shtm # improve the construction of a better one. http://www.ftc.gov/gettingcredit/ credit report What else you need to know about your credit. http://www.ftc.gov/bcp/conline/pubs/credit/crdright.shtm credit and rights as a consumer. http://pueblo.gsa.gov/cic_text/money/creditscores / All your.htm on the FICO score. I hope this answers your question.

Credit Cards