Will indeed your credit score drop if you tell your card issuer to stick their plastic somewhere other than an ATM? Part of the problem is that the methodology of determining your credit score is a secret formula held by FICO, a.k.a. Fair Isaac, the company behind the most widely-used credit scoring system in the US.
continue
In this credit based economy, most of us need a good credit report to obtain credit cards, personal loans, business loans, automobile financing or even to purchase a new home. Beyond these consumer loans, your credit report can cost you in everyday living expenses.
What you don’t know about your credit could be costing you money!
continue
follow: