Caroline P asked: I noticed that my interest rate on my credit cards has decreased. For example: In Feb it was 18.74% and now it is 16.24% Does this have to do with the Feds lowering the interest rate? I completely paid off two of my credit cards in March. I’ve made some purchases on [...]
Mark Aucamp asked: If you believe everything in the news these days, it’s almost impossible to get a good deal on credit. Luckily, that’s just not true. If you have a good credit rating, you can still qualify for some great deals – whether you want a card, loan, mortgage or simply the right mobile [...]
Ahdab asked: Can it be improved like the way G.P.A.s (grade point averages) can be?Debra
♥ Jen ♥ asked: Does it start when it was opened or when it was reported? I have bad credit and I’m trying to improve my credit rating. Thanks!!Leon
sam asked: From bartering in ancient times, to metal coinage, to paper currency, the latest stage and development in the evolution of currency is credit and credit ratings. With increasing ease and usage of the internet, and e-commerce, electronic transfers and so-called “plastic currency” is fast replacing cash.The way credit works is that it is [...]
Stephen Campbell asked: Credit score is vital for your living because it determines your economic stability. If you are stable economically, you are able to benefit from it such that when you have business transactions-like loan. So, it of great significance that you have a good credit score rating and if you do not have, [...]
wakum6 asked: I’ve had a secured credit card with Citi for a while now. It has a limit of $300 which I gave to them to put in a CD. I got this card to improve my credit rating but they haven’t reported on ny credit yet and it is a hassle having Citi as [...]
Abhishek Agarwal asked: It takes a lot of effort and perseverance as well as dedication on the part of an individual to establish and maintain a good credit rating score. Creating a good credit history is not something that happens over night. You need to have some credit in the market in order to have [...]