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Archive for June 28th, 2010

Can credit card companys recheck your credit score without asking your permission first?

June 28th, 2010 | Author: admin

credit score

We have a few credit cards walmart, macy’s and paypal.. we have notice that our credit limit has been decreased because our credit score has taken a hit lately. I wasn’t aware that they could recheck our credit score without our permission or signature… doesn’t it affect my score too every time some runs a credit check on us?

By: yottavong

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Darrell Thornbury

Posted in Credit | Tags: Credit Card, Credit Check, Credit Score | 2 Comments »

How does credit card balance affect credit score?

June 28th, 2010 | Author: admin

credit score

Ariel asked:

Eugenie Bourgoin

Posted in Credit | Tags: Credit Card Balance, Credit Score, Minimum Payments | 3 Comments »

I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?

June 28th, 2010 | Author: admin

credit score

Hannah asked:

Cindy Greenough

Posted in Other - Electronics | Tags: Cancel, Credit Cards, Credit Score | 2 Comments »