Comments on: Credit card providers set to share customer info http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/ The best personal finance news online Mon, 06 Feb 2012 22:57:26 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: David Piper http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/comment-page-1/#comment-5251 David Piper Tue, 19 Jan 2010 16:44:30 +0000 http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/#comment-5251 I sympathise with the Egg card holders who have used their card responsibly but have had their credit line cancelled because they are low profit. Someone should start a movement to persuade remaining Egg card holders to cancel theirs in protest. I sympathise with the Egg card holders who have used their card responsibly but have had their credit line cancelled because they are low profit. Someone should start a movement to persuade remaining Egg card holders to cancel theirs in protest.

]]> By: CADiver http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/comment-page-1/#comment-4497 CADiver Sat, 29 Aug 2009 15:36:17 +0000 http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/#comment-4497 "You should cancel any unnecessary credit cards" This is the most irresponsible piece of advice I have heard about credit use, doing so will instantly lower your credit score by increasing your used credit to available credit ratio, one of the key components of the FICO score. That alone will disqualify you getting new cards should you need them and will give a reason for the credit card companies you are still using to increase your rate. “You should cancel any unnecessary credit cards”
This is the most irresponsible piece of advice I have heard about credit use, doing so will instantly lower your credit score by increasing your used credit to available credit ratio, one of the key components of the FICO score. That alone will disqualify you getting new cards should you need them and will give a reason for the credit card companies you are still using to increase your rate.

]]> By: tyler http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/comment-page-1/#comment-4358 tyler Thu, 20 Aug 2009 21:32:55 +0000 http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/#comment-4358 Carrie (BANKS HAVE OVERHEADS TOO!) No doubt you would be happy paying 19% + on credit cards (or happy being denied credit!) and will be first in the queue with your personal cheque book out to help pay for the champagne at the christmas party. Without people like yourself how would these bank managers on £10 million bonus' sleep at night. Carrie

(BANKS HAVE OVERHEADS TOO!) No doubt you would be happy paying 19% + on credit cards (or happy being denied credit!) and will be first in the queue with your personal cheque book out to help pay for the champagne at the christmas party.

Without people like yourself how would these bank managers on £10 million bonus’ sleep at night.

]]> By: Carrie http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/comment-page-1/#comment-2426 Carrie Mon, 15 Dec 2008 21:16:11 +0000 http://www.totallymoney.com/news/index.php/2008/02/credit-card-providers-set-to-stop-playing-ball/#comment-2426 I think banks are right to do this . They have overheads too! I think banks are right to do this . They have overheads too!

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