Dear Creditnet: I’m currently in the market for a new TV and Best Buy is offering 0% financing for three years. My question is when you open an account like this, how big of a hit does your FICO score usually take and how long will it take to rebound? I could easily pay cash [...]
We have all seen the various degrees of silliness… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
A reader asks: I hold two Bank Of America VISA… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Here is an email I got recently: We have a… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Your interest rate on your credit cards could decrease if your rate was increased after January 1, 2009. Your credit card issuer is required to review your account and lower your rate if the circumstances that led to the increase have improved. The Federal Reserve issued new rules last week regarding Credit Cards, and they [...]