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Contributed by mm | June 5, 2005 7:10 AM PST
Another credit issuer's trick: don't report credit limit so they can harm your credit score.
From Fool.com:
To keep competitors with sweet credit card deals from poaching clients, some lenders do not report credit limits. The only thing they'll cop to is having a business relationship with you. They're hoping that the competition will just glance at your file and go on, not having enough information to see that you're a live one.
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Enjoy the latest personal finance news and commentary at PFBlog Network.
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Your Monthly Credit Card Minimum Payments Are About To Double (May 31, 2005)
I only see all these organizations are intervening in the wrong place: a lower minimal payment percentage is pro-choice. A more meaningful intervention would be to request banks to show number of months to pay off balance with different monthly payment level.
QSR Q1 (May 30, 2005)
No surprise that people are swiping cards more often at quick service restaurants. I'm so glad I don't have to handle all the changes when I buy my lunch at McDonald's.
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