How does a canceled credit card affect your credit score?

Posts Tagged ‘Credit Card Companies’

How does a canceled credit card affect your credit score?

By Author on Thursday, September 8th, 2011 | 6 Comments

I’ve had two credit card companies cancel their cards with me because I had not used their cards in years, how will this affect my credit score? Do they let the major credit bureaus know why it was canceled? Related Credit Card Sites

Is there a way for credit card companies to forgive a portion of credit card debt?

By Author on Wednesday, September 7th, 2011 | 9 Comments

Getting rid of debt is a priority in my family. We”ve been regular with our credit card payments. A word to you younger folks: never, ever use a credit card for anything. I was curious if there was a way for credit card companies to forgive a portion of debt if you’ve been regular with [...]

Will old credit card accounts change terms from no annual fee to an annual or non-activity fee?

By Author on Saturday, July 23rd, 2011 | 4 Comments

I have a couple old credit card accounts still open that I never use or will use again. They are in good standing, no balance, and have not had any activity for a year or even longer. So far I have had no problems. But is it possible that these unscrupulous credit card companies could [...]

What economic conditions cause credit card company stocks to perform well?

By Author on Friday, July 22nd, 2011 | 2 Comments

I own a few credit card company stocks and recently read that people are choosing to remain current on credit card payments above remaining current on their mortgage responsibilities. This got me to thinking…what exactly makes credit card companies more profitable? Would they rather see their customers paying responsibly, or would they rather have late [...]

Do credit card companies communicate with each other if there is no credit check or limit increase?

By Author on Wednesday, July 13th, 2011 | 2 Comments

I have 3 credit cards. 2 of them I’ll need to stop paying for now, but I’m not going bankrupt yet. Can I keep the third credit card if I keep paying it? Or will the 2 other credit card companies call them and tell them to cancel me also? I would like to add [...]

No Annual Fee Credit Cards

Posts Tagged ‘Credit Card Companies’