Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts – and people who have made timely payments are not exempt. So even if you pay off your balance – and that’s tough when interest rates are insanely high – there’s a good chance your credit limit will be slashed, and that will hurt your FICO score. — Suze Orman

Tags: #Good, #Balance, #Hurt, #SuzeOrman, #American, #Author

Mini who’s who:

Suze Orman : American Author
Born: June 5, 1951

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