One of the most common questions consumers have is “Are charge cards bad for credit scores?” How a charge card will affect a credit score depends very much on how it is used by its owner. If someone carries very high balances from month to month and misses payments regularly, the effect on...
Are Charge Cards Bad for Credit Scores?
Showing posts with label are credit scores a fair measure. Show all posts
Showing posts with label are credit scores a fair measure. Show all posts
Wednesday, 16 January 2013
One of the most common questions consumers have is “Are charge cards bad for credit scores?” How a charge card will affect a credit score depends very much on how it is used by its owner. If someone carries very high balances from month to month and misses payments regularly, the effect on... Are Charge Cards Bad for Credit Scores?
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