Nov. 3, 2008--The Christian Science Monitor has an interesting article about how Americans are now focused on paying down their credit cards. The "Catch 22" is that not using credit cards at all apparently can lower your credit score."Whenever consumers lock up or gleefully cut up their plastic, their
credit scores drop as they have increased their credit-utilization
ratio." WORTH A READ
|
|
Have Questions?
Ask John Girouard a Question:
Trying to decide whether to pay off your mortgage?
Wondering whether to pay cash for your next car?
Wondering why your stock market returns aren't as good as you expected?
Use this form to ask John Girouard a question:
|
