Emily writes in the following question regarding credit card limits: “I would like to lower the limits on two of my credit cards from $6,000 to $1,500, and $7,200 to $3,500, but I’m not sure what the repercussions would be.” … Continue reading
Over the weekend I completed one of my year-end financial checkup tasks. I visited MyFICO.com and pulled a current copy of my credit report. This exercise was even easier this year considering the MyFICO promotional code that gives 30% off … Continue reading
Few things strike up a debate faster than asking what good is a credit score these days? There are those who totally spurn the idea of some 3rd party determining their credit worthiness. There are others who worship the mighty … Continue reading
It looks like Fair Isaac is reacting to this recent lending debacle by improving on its formula for creating the almighty FICO score. Habitual late-payers will see their credit score more heavily penalized, while those of us with the occasional … Continue reading
