On Thu, Jan 6, 2011 at 4:43 PM, Sam <sammyc...@gmail.com> wrote: > I heard that the "no payments for a year" store offers hurts your > credit. You just confirmed it.
For a good credit score you should owe less than 35% of your available credit card balances. The "no payments for a year" deals are often a credit card, and that credit card's limit is frequently just over the dollar amount of whatever you are buying. So, effectively you own nearly 100% of available credit for that card for a year. That will hurt your score. -Cameron ... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:332981 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
