According to an article written by Kathy Chu and Sandra Block of USA Today entitled “As lenders clamp down, credit scores take a hit” many borrowers (even those with perfect credit) are having their credit lines canceled or their credit limits decreased. This in turn causes borrowers to have a lower credit score because their available credit limit is lowered and all of their credit utilization calculations are in turn affected negatively. Read the full article and then be sure to use our credit card “Chaser” tool to do your homework and compare the top credit cards.

Similar Articles:

Credit Cards

Do you have a unique story to tell about credit cards or something related to small business/personal finance? If so, contact us to submit your own guest post ideas and you could be featured on our blog!

Disclaimer: This content is not provided or commissioned by American Express, Visa, MasterCard, Discover, or any other credit card company or issuer. The opinions expressed here are the author's alone, not those of any credit card company or issuer, and have not been reviewed, approved or otherwise endorsed by any credit card company or issuer. Credit Card Chaser may be compensated through various affiliate programs with advertisers. As always, Credit Card Chaser is an independent website commmitted to helping people research credit card offers and find the best credit card!

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>