Credit News | July 5, 2010 at 3:12 am | 88 commentsQ: What's the fastest way to boost my credit score?
For most people, the fastest way to improve your credit score is to pay down your credit card balances.
About one-third of your FICO score (the score most lenders use) is based on your credit-utilization ratio, which is the total of your credit card balances divided by the total of your credit card limits. It's how much you've...
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...
