Can Credit Card Companies Lower Your Credit Limit?
When you first open a credit card, your credit limit is based on your credit score at that moment. If you maintain a high score, make payments on time, and use credit responsibly, your credit card company may decide to raise your credit limit. What many do not know is that the inverse is also
July 18, 2017
If you owe money on several credit cards, you may be struggling to keep up with your monthly payments. It can be difficult to keep track of how much ..
July 7, 2017
We all know that a low credit score can affect the interest rates you are offered on credit cards, mortgages, and auto loans, but can a poor credit sc..
June 28, 2017
Most people know that a low credit score and problematic credit report can prevent them from purchasing a home, financing a new car, or getting a good..
May 2, 2017
We are used to things moving quickly in the modern world. We have fast phones, fast cars and fast computer processors. Since we are no longer accustom..
April 10, 2017
You may have heard experts say you should never close a credit card, as it could damage your credit score. Others may say you simply need to choose on..
March 20, 2017
For most people, their credit score is simply related to their credit card limits and interest rates. However, your score affects more than your abil..
March 14, 2017
It may be odd to think of your credit score as an asset, but that is exactly what it is. If you have a high credit score, you can rent an apartment or..
March 2, 2017
You may have received an offer for a 0% APR on balance transfers, and you may be tempted to sign up for it. After all, 0% APR will allow you to save m..
February 23, 2017
When you are on the hunt for a new credit card, finding the best card for your credit profile can be one of your most important considerations. If you..
February 20, 2017
If your credit score is lackluster, you know how difficult it can be to get a credit card. People get into dire financial situations for many reasons..