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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Ever heard of the 30% rule? FICO Date:  8/23/2019  10:50 AM
Author:  JamesBrown Number:  312611 of 312704

If you want a lower interest card and your credit is good, you can seek out a card with a lower interest rate. If the credit card company raises the interest rate even though you are paying the balance each month, then find a new card.

And then watch your credit scores fall due to A) inquiries on your credit history and B) the average age of your accounts goes down due to brand-new cards in your wallet.
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