Credit Score | April 19, 2009 at 10:03 am | 22 commentsAny people know ways to increase their credit score, but what factors actually lower your credit score?
1) Accounts that have been open less than three years. Having long term credit accounts that you consistently pay on time is an important indicator of stability. As your credit history ages, your score should increase.
2) Anytime your credit report is pulled. This is if you...
Credit Score | September 19, 2008 at 4:01 pm | 37 commentsTransferring balance from a high interest credit card to a new lower interest card can definitely save you money on interest, if nothing else at least until the introductory rate ends (if applicable). We all receive those infamous credit card offers in the mail, urging us to apply for a new card and transfer our high interest balance over, in order to take advantage of the lower...
