Is it smart to lower limits on credit cards?

Posts Tagged ‘content balance’

Is it smart to lower limits on credit cards?

By Author on Sunday, August 28th, 2011 | 5 Comments

I have 6 credit cards with about ,000 in available credit. My husband wants me to drop my available credit to ,000. I have {content} balance on all cards. Is it smart to lower the limits? Should I cancel some cards, keeping the older ones which I’ve heard is better. Will this affect my credit [...]

Shoud I keep $0 balance credit cards open or close them?

By Author on Thursday, September 23rd, 2010 | 10 Comments

I just transferred 2 credit card balances to a better credit card – lower interest rate and cashback rewards.. Now, I have these 2 {content} balance Visa and MC credit cards, as well as a Bloomingdales and Pottery Barn credit cards that have been {content} balance for years, I think.. Is it better to keep [...]

Do balance transfers negatively affect your credit score/report?

By Author on Monday, June 28th, 2010 | 1 Comment

Do balance transfers negatively affect your credit score/report? I usually transfer balances to my 0% APR balance transfer card with no fees and then pay them off. I never have a late payment, etc, but was wondering if transferring balances directly affects your credit report or score. Thanks! P.S. It is transferring to the same [...]

How long does a credit card need to be paid off to stop getting hit with finance charges?

By Author on Friday, April 23rd, 2010 | 6 Comments

So here’s the next question in my credit-card cleanup. I have a card that I just paid off, and it has an excellent APR on purchases. Now, I’m sure I should just ask the credit company, but why not pick the brains of the Yahoo! Answerers out there and see what you think? How long [...]

Credit Cards For Fair Credit

Posts Tagged ‘content balance’