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