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Tag Archives: credit limit

Getting to Know About What Affects Your Credit Score and What Doesn’t

07-Sep-10

Your credit score is primarily affected by a few major things on your credit report, but let’s first discuss the things that don’t affect your credit score. 1. Your bank account has no effect on your credit score (except when you bounce checks and they turn into collections). 2. The payment of your utility bills [...]

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Do not Carry a Balance on Credit Cards

25-Aug-10

Polls show that 50 percent of cardholders do not pay their bills in full or on time. More than 40 percent of owners said they did not know the interest rate on their cards. Suppose you carry a balance $ 1,000 each month. More than 40 percent of owners said they did not know the [...]

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Reduce the Limit on Credit Card

19-Aug-10

Credit card companies are generally thrilled to give you an increased credit, if they think you will use it and not go bankrupt. If you’re getting deeper and deeper into debt consider lowering your credit limit. Just call your credit card company and ask them to lower the limit of your card. This way you [...]

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Bad Credit Loans Calculate Interest Rate

16-Aug-10

There are a number of factors used by lenders involved in the pricing interest rate on a loan. These factors generally can be broken down into two categories: the product you are looking for or your credit score in many cases is the types of credit you are seeking that largely determine the cost of [...]

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Do Not Carry a Balance on Credit Cards

14-Aug-10

Polls show 50 percent of cardholders do not pay their bills in full or on time. Over 40 percent of these people say they do not know the interest rate on their cards. Suppose you have a balance of $ 1,000 a month to month. That costs you $ 180 in the interest of a [...]

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