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Do High Credit Scores Guarantee the Best Credit Cards?

Do High Credit Scores Guarantee the Best Credit Cards?

Credit News | November 18, 2011 at 3:07 am | No comments

If you've ever been turned down for a credit card, the Fair Credit Reporting Act requires the lender to tell you which part of your credit profile hit a sour note, whether it was a past bankruptcy or too many late payments. Since the recent economic downturn, the best credit card companies have made their criteria even more stringent. We all know credit score is one of the best-known...

Need to fix a bad credit score?

Need to fix a bad credit score?

Credit News | July 20, 2010 at 5:36 am | 33 comments

New reports out show that about 43-million of Americans have a credit rating so poor that getting a loan is much more difficult, and when they do much more expensive. “It can affect your borrowing costs, the amount you’ll pay to finance cars or homes or, certainly credit card rates,“ notes Morningstar Financial’s Christine Benz. A bad credit score can even affect your...

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