You see the “amounts owed” piece of the pie?Starting April 16, all three credit bureaus (Experian, Equifax, and TransUnion) will remove all tax liens and many civil judgements from that piece of the pie. With out those amounts, your utilization ratio will go down. Don’t forget, utilization ratio is debt to credit. So without tax […]
Tag: credit score
Thanks Bank Of America For Helping My Credit Score
For all of you skeptics out there who believe that you hurt your credit (by a lot) by constantly applying for and later downgrading (preferable) or canceling cards, (like I do), I just got a letter today from Bank Of America offering to increase the credit limit on my Bank Of America Virgin Atlantic World Elite MasterCard for […]
Citibank-You Are Ruining Some Of My Game Strategies
Just yesterday I posted about how I was going to cancel my Citi Hilton Honors card because it is being converted to an Amex at the beginning of the year and I want to be ripe for any sign-up bonuses that may come my way. So, when I went to cancel, I followed my own […]
Thanks Chase For Helping My Credit Score
For all of you skeptics out there who believe that you hurt your credit (by a lot) by constantly applying for and later downgrading (preferable) or canceling cards, (like I do), I just got a letter today from Chase offering to increase the credit limit on my Chase Sapphire Reserve card for no reason. The […]
What Makes Up Your Credit Score
Your credit score is the score that credit card companies use the most when deciding whether to approve your credit card application and at what interest rate. The score was developed by FICO, a company that specializes in what’s known as “predictive analytics.” In simple terms, FICO takes your credit information and uses it to […]