How to Decrease a Credit Card Balance?

Answer Credit cards can be convenient ways to purchase goods and fill the monetary gap when you are short of cash. However, carrying a balance on a credit card will cost you money in fees and interest, ad... Read More »

Top Q&A For: How to Decrease a Credit Card Balance

Does my credit card balance increase with a balance transfer?

If the card you are transferring your balances to has a transfer fee, your balance on the new card will be higher than it was on the old card. Transfer fees should be considered alongside any poten... Read More »

Can a credit card company decrease your credit line?

A credit card company can indeed reduce your credit limit or even cancel your card at anytime. This can happen even if you've never been late on a bill if the company decides that it is in its best... Read More »

Is it better for your credit score to close a zero balance credit card?

In most cases, you are better off not canceling a credit card with no balance, because it will no longer report to the credit bureau as being current with payments and your debt-to-available-credit... Read More »

Is It Better for Your Credit Score to Close a Zero Balance Credit Card?

Flat screen TV's have many options that make connecting stuff to them simple, but CRT TV's are older so they were made before all these connection devices started integrating to the TV sets. A CRT ... Read More »