Did you know that credit card companies are now evaluating where you use your credit to help determine your credit risk? This might effect the amount of available credit limit or whether your credit line could be reduced without any notice to you.
Here is an interview on Fox News with John Ulzhiemer, President of Credit.com
Check out the
following video news clip: http://video.aol.com/video-detail/credit-cruncher/2691931135
Slow down big brother! I guess this is another good reason to use your debt card instead of your credit card.
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Comments
1 Comment so far
Mary Miller
“I guess this is another good reason to use your debt card instead of your credit card.”
But be careful–a bank can close your account for non-use of your credit card, and that could negatively impact your credit. http://www.moneyunder30.com/qa-will-my-credit-score-go-down-if-a-credit-card-company-closes-my-account-for-non-use