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Say you have a 1500 dollar credit limit on a credit card and you just got it. How much should you spend each month

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Asked By: vikesfan06 22-25, M  1 year ago

if you want to build credit? or does it matter just as long as you pay them back?

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3 Answers to "Say you have a 1500 dollar credit limit on a credit card and you just got it. How much should you spend each month"

  1. peza - 46-50 years old - male

    Posted by peza Apr 9th, 2012 at 1:56PM

    The lot and report it stolen.

    Like (2)

  2. Ambivilent - 56-60 years old - male

    Posted by Ambivilent Dec 5th, 2012 at 6:50AM

    Spend only what you know you'll be able to pay back in full when it's due

    Like (1)

  3. burstin2go - 51-55 years old - male

    Posted by burstin2go Apr 9th, 2012 at 1:55PM

    Use only what you can afford to pay back at the end of each month. that way you build up a good credit rating without incurring any interest charges. Even better, set up a direct debit so that your credit card bill is paid 'in full' each month so that you are guaranteed not to pay any interest.

    Don't use the card as a flexible loan, but only as an alternative to cash.

    Like (1)

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