topic Re: Would this be a smart idea? in Credit Cards

Would this be a smart idea?

Anonymous — Sat, 06 Sep 2014 22:57:57 GMT

My girlfriend wants to buy a macbook air (800$) because she just got a promotion.

She wants me to pay it off and she will pay it over a couple months time.

Will that boost my credit or hurt it?

Re: Would this be a smart idea?

myjourney — Sat, 06 Sep 2014 23:05:59 GMT

Depends on where this puts you UTL wise and how long you'll be carrying the balance

Re: Would this be a smart idea?

Anonymous — Sat, 06 Sep 2014 23:10:59 GMT

About 30% and for 2 months or so but making payments on it weekly

Re: Would this be a smart idea?

myjourney — Sat, 06 Sep 2014 23:17:19 GMT

Won't hurt you at all if that's your plan and you stick with it

Re: Would this be a smart idea?

Creditaddict — Sat, 06 Sep 2014 23:37:43 GMT

If you buy at bestbuy and use the credit card but don't take the 0% financing you can get another 10% back in rewards.

is she student, she can also get $100 student discount off apple

Re: Would this be a smart idea?

twist7d7 — Sat, 06 Sep 2014 23:43:26 GMT

Util has no history, so if you dont plan on apping for any new credit in the near future you will be fine. It will only help to build your relationship with CCC

Re: Would this be a smart idea?

Anonymous — Sat, 06 Sep 2014 23:47:38 GMT

I'm gonna use my amex delta and get the miles but would it help putting that money through it then paying it off over the course of 2 months to get that 3x cli?
Or should I use a different card

Re: Would this be a smart idea?

twist7d7 — Sat, 06 Sep 2014 23:50:37 GMT

@Anonymous wrote:
I'm gonna use my amex delta and get the miles but would it help putting that money through it then paying it off over the course of 2 months to get that 3x cli?
Or should I use a different card

Hard to say, personaly i think it would help. it whould show that you know how to manage debt. Im curently doing that for my BCE. I put about a 1000 ballance on it and am paying 150 a month. My 181 day cli is coming up in about 2 months

Re: Would this be a smart idea?

Anonymous — Sat, 06 Sep 2014 23:56:58 GMT

Good point. I'll do that. Thanks guys!

Re: Would this be a smart idea?

jamesdwi — Sun, 07 Sep 2014 00:12:56 GMT

@Anonymous wrote:
My girlfriend wants to buy a macbook air (800$) because she just got a promotion.

She wants me to pay it off and she will pay it over a couple months time.

Will that boost my credit or hurt it?

Has she tried to get credit, Barclays is notoriously easy to get the Apple card, Then she is building her credit, and she will be better for it.

Re: Would this be a smart idea?

Anonymous — Sun, 07 Sep 2014 00:21:05 GMT

She has a 580 Fako so idk..

Re: Would this be a smart idea?

twist7d7 — Sun, 07 Sep 2014 00:26:00 GMT

@Anonymous wrote:
She has a 580 Fako so idk..

id get a secured card ASAP also you could make her a AU on the amex.

Re: Would this be a smart idea?

Anonymous — Sun, 07 Sep 2014 00:53:22 GMT

Good idea. Will do that.

Hopefully amex likes this and gives me my 3x cli