Is having a lot of credit cards, but only using them sparingly, bad for your credit? March 6, 2010
Posted by Banking in : Credit , 4comments
I’ve opened a few credit cards lately, but don’t plan on using them, only for emergencies. Will just having 4 or 5 credit cars available for my use somehow hurt my credit score, or credit in general for future loans I might want?Submited by:Doug G
The Credit Card Song by Old Man Pie November 14, 2009
Posted by Banking in : Music , 20commentsKyleChristie asked:
Ahead of its time this is a cartoon animation that’s been up on the web since 2006 and is all about the credit crunch crisis. Credit card spending and loans from banks are in their trillions of dollars and something has to give. We no longer spend what we have earned, we spend what we havn’t earned on the back of house price rises and yet more loans. The banks are prospering and fat cats are awarding themselves massive bonuses, but it cannot continue. Beware the debt time bomb may bring the …