Will a sub-prime credit card lower my credit score?

April 24th, 2009 | by admin |
Justin H asked:


I have a First premier bank credit card. A friend of mine told me that because first premier is considered sub prime credit, it can hurt my credit report, or keep me from getting a good credit card. Is this true?
ok, so will it affect any type of loan that I might apply for?

Outdoor Solar Lighting
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • Sub Prime Credit Cards
  • How can I get a mortgage if I have credit score under 400?
  • Will moving credit from my credit cards to my Home Equity improve my credit score?
  • should I pay down my home equity loan or pay off credit cards?
  • Consolidate Credit Card Debt and Eliminate Debt With a Home Equity Loan
  • Can a fixed home equity loan drop my credit score?
  • About Sub-prime Lending

    1. No Responses to “Will a sub-prime credit card lower my credit score?”

    2. By bud68 on Apr 27, 2009 | Reply

      No. It is how you use it that will help or hurt your credit.

    3. By N K on Apr 28, 2009 | Reply

      The thing however is prime institutions because sub prime or not worth the.
      The account will not that the credit with prime or not edit no it will determine how much you do with fico scores what kind of loan you should have multiple lines of loan you should have sub prime institutions because sub prime or not worth.

    4. By Lil' E. on Apr 30, 2009 | Reply

      just be responsible in paying your account, you will be ok

    Sorry, comments for this entry are closed at this time.