Diminished credit line doesn’t necessarily hurt FICO score, study finds (The Indianapolis Star)
Posted in Credit Card Debt, Loan Modifications by admin on August 30th, 2009
More info…
U.S. consumers have been getting letters from their credit-card issuers announcing deep cuts in their credit lines. But not to worry, says a new study by FICO (formerly Fair Isaac), the creator of the widely used credit-scoring system. If you don’t carry a high balance and you are a good credit user (paying off your balance every month), the cuts will have minimal impact on your FICO scores.
Israel’s Koor ups Credit Suisse stake to 2.12 pct (Reuters via Yahoo! Philippines News)
JERUSALEM, Aug 30 (Reuters) - Israeli holding company Koor Industries said on Sunday it had raised its stake in Credit Suisse to 2.12 percent from 2 percent.
Leave a reply
You must be logged in to post a comment.