Credit Cards

Yes to both. Just don't fuck up: always pay your balance in full.

>>1932946
Alright, thanks. Does it matter how much/little I spend on it? I don't earn much, but I don't spend too much either.

>>1932959
Less is better. You want a low credit utilization.

>>1932941
>will getting and properly using a credit card improve my credit score
... you need a credit score to get property and a credit card
... once you acquire those 2 things... why do you need to improve your score?

>>1932973
Thanks man

>>1933010
Credit history - age of credit is an important one.

Also Credit availability is important - someone with one credit card with a $500 limit looks like shit compared to someone with a $10,000 limit (granted that the person doesn't max those out).

Also number of accounts is big - one or two accounts, you look like shit. 20 (that are all paid up and not overdrawn/whatever) looks way better.

Credit score is only one factor. Credit history is a bigger factor. When I got married I had a credit score of about 750 but no history and couldn't get shit for loans. Now I have a score of about 600 but lots of history and I can get a credit card/mortgage pretty easy. If you can get a high score and a good history you'll be doing even better.

>>1933052
When you clicked 'Post' did you truly think you answered my question?

I can see you answered the brain-dead "derp what affects credit scores"

I'm also 18 but I am completely clueless as to which credit cards are the best to have.
Which one would you guys pick for average low income spending?
www . halifax.co.uk/creditcards/landing/popular-cards-ppc.asp?WT.mc_id=NETGOOGLMULTIPPC01&WT.srch=1&gclid=CjwKEAjwq5LHBRCN0YLf9-GyywYSJAAhOw6mRcnHiS9drIEJSGshDMeLFCyW4PYXY6p2NvpbRnPbDRoCKC7w_wcB

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>>1932941
Yup

>>1933010
>MOAR!!!!

>>1933088
Theres really no reason, if you think youll never need to acquire a new mortgage again

>>1933010
You can get lower mortgage rates and credit card rates with a higher core. Also easier to get a business loan if you have good credit.

So if I buy almost everything on my credit card and just pay it off at the end of the billing cycle, my credit score will improve significantly? At most I spend maybe $250 a month and have plenty saved.

Why would anyone use a credit card instead of a normal card?
Is that a burger thing?

>>1933877
Better rewards, better consumer protection, slightly more profitable as your money continues to earn interest before paying.

There is literally no benefit to using a debit card over a credit card if you are responsible. Stop being poor Europe.

>>1933877
if you're good with your money management you literally get free, untaxed money through rewards

>>1933870
yes. make sure you use below 10% of your total credit .

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>>1932941
Im 24

I still use moms credit card for online shopping. Pay it immediately when it gets here.

>>1933877
Retards basically subsidize some nice freebies for people who aren't AIDS with spending.