Browsing the archives for the Interest tag

What is my credit score going to be if I pay off the highest balance CC to avoid interest rate jump?

19 Jul, 2011 in Free Fico Score by C.R.I.

I have recently been notified that my interest rate is going up because of an overdraft, but I’m considering paying off this card and closing it: it is one of my oldest cards. How would it affect my credit score? Any other suggestions for what to do? Thanks!

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79.9% Interest Rate Credit Card a Sign of Things to Come

9 Jan, 2010 in Credit Cards by C.R.I.

79.9% Interest Rate Credit Card a Sign of Things to Come With new legislation taking effect in February, credit card companies are scrambling to make changes in order to offset potential losses in revenue. One card in particular is raising eyebrows because of its interest rate. Read more on KSFY Sioux Falls

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