Everyone loves getting checks in the mail, but what if your credit card company is the one sending them trying to get you to spend money on your credit card? Comments or questions about this video on credit card convenience checks? Just click the comment link below and sound off. Your email address will not […]
Credit Card Limit Reduced? What Happens To Your FICO Score?
About 1/3 of your FICO score is based on how much of your available credit you are using. This is called your “credit utilization”. The higher your utilization rate… the lower your credit score. The credit scoring models view this as you getting closer to maxing out your credit lines and becoming a higher risk. […]
Changes Coming to Credit Card Fees?
Changes Coming to Credit Card Fees? New legislation before Congress aims to reduce the fees merchants pay to credit card companies on every transaction. Questions or comments? Just use the “comment” link below to contact us.