# Hey people who know about credit... **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [May 18, 2006, 8:58am UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211 "2006-05-18T08:58:35Z")\ **Posts on this page:** 8\ **Page:** 2
**Author:** ![Pass\_McGass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pass_mcgass/32/7616_2.png) [@Pass\_McGass](https://forums.speedlife.net/u/Pass_McGass)\ **Post date:** [June 20, 2006, 3:51pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/21 "2006-06-20T15:51:08Z")
Im in the market for a CC right now. This is possibly a little ot from the original thread, but I figured its crose eruff. Which companies are offering pretty low aprs right now? Keep in mind, this will be my first credit card, (minus bank cards). ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [June 20, 2006, 5:31pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/22 "2006-06-20T17:31:10Z")
> [@Clean Baldy](#): > > So, is there a rule book on good/bad credit somewhere? [Yes, there is. Go get this book.](http://www.amazon.com/gp/product/1573222976/002-4725806-2876827?v=glance&n=283155) Seriously. It answers all the questions in plain english, and is actually a decent read and gives you the knowledge that in this day and age you really shouldn’t be without. It covers things that nobody mentioned in this thread that affect your credit rating, like your ratio of debt vs available credit. ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [June 20, 2006, 5:35pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/23 "2006-06-20T17:35:21Z")
If you do cancel a cc make sure you receive a letter from that bank confirming the closure. When I applied for my mortgage the bank said I had 2 credit cards which was untrue because I cancelled one of them. I then had to get a letter to confirm that the account was closed. I have only one credit card and I always pay it off every time I use it. Home equity \> \* though. Once I had my mortgage the banks were throwing money at me.:biglaugh: ---
**Author:** ![Jack](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jack/32/7613_2.png) [@Jack](https://forums.speedlife.net/u/Jack)\ **Post date:** [June 20, 2006, 5:35pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/24 "2006-06-20T17:35:56Z")
I can’t wait to make my 1st payment in August… ☹ ;)🙂 ---
**Author:** ![AlbinoMonkeyRat](https://avatars.discourse-cdn.com/v4/letter/a/bb73d2/32.png) [@AlbinoMonkeyRat](https://forums.speedlife.net/u/AlbinoMonkeyRat)\ **Post date:** [June 20, 2006, 6:54pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/25 "2006-06-20T18:54:20Z")
keep the cards…put a little balance on them, maybe once each month. (ie, buy groceries with one, gas with another, etc). bigger line of credit with more on-time payments = the win ---
**Author:** ![\_Karu](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/_karu/32/7602_2.png) [@\_Karu](https://forums.speedlife.net/u/_Karu)\ **Post date:** [June 20, 2006, 7:00pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/26 "2006-06-20T19:00:08Z")
i got multiple cards but only actively using one of them. ---
**Author:** ![Twizted](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/twizted/32/7206_2.png) [@Twizted](https://forums.speedlife.net/u/Twizted)\ **Post date:** [June 20, 2006, 7:00pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/27 "2006-06-20T19:00:24Z")
> [@Pass McGrass](#): > > Im in the market for a CC right now. This is possibly a little ot from the original thread, but I figured its crose eruff. Which companies are offering pretty low aprs right now? Keep in mind, this will be my first credit card, (minus bank cards). i like my GM card. I will prolley have enough GM cash to buy by self a Brandnew Compact car in 15-20 years ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [June 20, 2006, 7:08pm UTC](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211/28 "2006-06-20T19:08:58Z")
^I got about 3k off a new GM right now. 😃 [Previous page](https://forums.speedlife.net/t/hey-people-who-know-about-credit/12211.md?page=1)