Posts Tagged ‘guess’


my credit card company charged me an annual fee, then turned around and said they were cancelling my card…?

The charged me the fee of 85.00 in October then in November said they were cancelling my card (no reason disclosed). My guess is I never carried balances and they weren’t making money off me. But i think its not fair for them to charge me the fee and cancel my card right afterwards. What [...]

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What do credit card companies base your credit limit on?

I am pretty positive it’s based your salary. And that they look at your credit reports to see credit limits in other cards. My guess is no more than 25% of your salary in credit. Any other guesses on how credit card companies figure out credit limits? Credit card companies do not give out this [...]

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My credit score jumped up 25 points in one month. What could have caused that?

I went bankrupt about 4 years ago, and ever since then i’ve power-applied until I had a few decent credit cards that surprisingly offered me credit at the time,and I obvoiusly took a huge ding for inquiries. However, ever since then my score has been everywhere from 549 to the lower 600. Today it stands [...]

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Can someone please tell me what I should do with regards to credit card debt and balance transfers?

Okay, real simple question. I have 4 credit cards. Card 1) 7500 Credit Limit/12.9 APR/Current Balance 7950 Card 2) 6000 Credit Limit/13.9 APR/Current Balance 6550 Card 3) 500 Credit Limit/27.4 APR/Current Balance 485 Card 4) 500 Credit Limit/17.9APR/Current Balance 487 ***As you can see, I’m over the limit on my two major cards. Just got [...]

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