A blog on personal finance (banking, saving, budgeting and investing) and personal entrepreneurship.
CNN Money’s “8 Credit Score Myths”
March 16 2 Comments latest by jim b
CNN Money has a great article called “8 credit score myths.”
A lot of my friends are confused about credit scores (”My credit card company raised my credit score yesterday…now I can spend $2,000 more!”), so I’m going to go over it in the next couple of weeks. If you have any specific questions about credit scores, let me know and I’ll work them into my upcoming post.
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I'm Ramit Sethi.
I'm a recent graduate of Stanford, where I studied technology and psychology. Now I'm the co-founder & VP of Marketing for PBwiki, a wiki startup in Silicon Valley.
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COMMENTS
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Jackson
March 24th, 2007
Hi! I am wondering what happens to the credit score when you close a credit card because you don't use it anymore? Thanks!
jim b
August 1st, 2008
your credit card is still listed on your credit report when it is closed...