The Responsible Choice Plan: A “Win-Win” for Lenders and Borrowers with Excessive Credit Card Debt
Posted On: May 29, 2008
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Debunking Myths about Credit Scores- Go Ahead, Pay Off that Credit Card!
Posted On: May 14, 2008
By Amber Stubbs, CardRatings.com Reporter
Lurking among many other credit related myths is the belief that paying off credit cards may cause your credit score to decline. I continue to hear this and other related credit scoring myths from consumers that I interact with on a daily basis. In reality, when you pay off credit [...]
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Fed Cuts Key Rate By One-Quarter of a Point: Credit Card Users Will Likely Benefit
Posted On: May 2, 2008
By Jessica Austin, CardRatings.com Public Relations Associate
The Fed announced a 25 basis point rate cut, bringing a key rate to 2.00 percent. The prime rate will also fall one-quarter of a percentage point to 5.00 percent. The move by the Federal Open Market Committee followed several rate cuts in the first quarter of 2008 that [...]
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