Purpose of Credit Reports and Credit ...

Purpose of Credit Reports and Credit Reporting

Posted in the Credit Card Debt Forum

Anonymous

Taguig, Philippines

#4 Feb 10, 2012
A credit card can be an asset granting that it is used properly and carefully. But if not handled well, a credit card can be a liability.
jblakemore43

United States

#5 Feb 16, 2012
Agreed. A credit card can be used as leverage to increase your credit score if used appropriately. On the other hand, if you abuse it - max it out, go over the limit, default on payments; it can turn into your worst nightmare.
Kalila

London, UK

#6 Mar 26, 2014
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