I know that having a mortgage and paying on time is positive for your credit. But I have a home that was formerly my parents. The home was paid off before I got it. Does this have any positive impact on my credit?

I am trying to make $100 bucks each in various accounts, but my sister says it affects your credit rating and that it’s stupid to do this. Is she right?

I’m thinking about opening up a paypal account. Just want to make sure if you have to link your credit card to your paypal account to receive money from others.
Thanks.

I’m a student who is trying my very best in this economy to build credit. I have heard recently that you should apply for credit cards carefully, because every time you get denied, it hurts your credit score… Is that true? I wonder how it can if it is currently non-existent? The irony is that I have been denied twice (currently waiting on a third application), due to not having enough credit history. But I digress…

Thank you in advance for any answers.

If you are in the middle of doing a credit card transaction using your mobile phone, can someone hack the network (with an App) and get your details without you knowing?

Also, do you have to pay right away or can you postpone paying for what you bought like a regular credit card. Does the money get taken off your account automatically like a debit card or do you okay it first. I have a Mastercard debit card and I need to build my credit, but I don’t know how using it like a credit card works.

So if your past due bill is sent into collections tomorrow, how long does it take to show up on your credit report? Is it instant or takes a while?

And also, if you know, what is the percantage of your credit card being hacked by paying normally like at a supermarket

For example. If you owe 4r companies 500 dollars each. Your current credit score is 590. How long will it take to come off your credit if you pay those creditors their money? Also about how many points would your score go up from 590?

If you sign up to a credit card with a great bonus but never use it after, will it hurt your credit score? What if you do it multiple times?