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To: Lokibob
And on Fox this AM, I learned that your credit score is decided by where you use your credit cards. For example, if you use your credit card to pay a bar bill often, you atre at a bigger risk for default, therefore they lower your credit score. Or, if you use it to pay for marriage counseling, you are a risk for a divorce, so the score is lowered.

That was one credit card company and they're getting in trouble for it.

However, it does look like it is time to use the credit cards less and use cash more.

31 posted on 06/23/2008 10:35:39 AM PDT by KarlInOhio (Whale oil: the renewable biofuel for the 21st century.)
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To: KarlInOhio

“However, it does look like it is time to use the credit cards less and use cash mo”

its always time to use credit cards less


35 posted on 06/23/2008 10:44:28 AM PDT by driftdiver
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