Lower credit limits result in lower credit scores
What you don’t know can hurt you, especially when you do not know what is going on in your wallet — or in your credit card accounts.
In response both to the financial crisis and to new consumer protection rules slated to come into effect in 2010, credit card issuers are making major changes to customer accounts.
Many of these changes can negatively impact your credit score.
Yet a recent survey shows that many consumers are unware of recent changes made to their accounts.
In response both to the financial crisis and to new consumer protection rules slated to come into effect in 2010, credit card issuers are making major changes to customer accounts.
Many of these changes can negatively impact your credit score.
Yet a recent survey shows that many consumers are unware of recent changes made to their accounts.