I have a 750,746, and a 738 on my credit reports yet my rates on my 3 credit cards range from 26.99% to 8.99% and the 2 higher ones won’t lower my rates. For being 29 years old and only having 1 30 day late ever in my life back in 2001 I find it crazy that they can increase my rates as such just because of what is going on in todays market. I’ve called them to see if they can lower the rates but they said that they can not. I already just up and left my one card because of a 29.99 rate but would like to keep the rest. So my question is what if anything can I do? The 2 high rate cards I pay off every month now just so I don’t have to pay that rate and have a very low balance on the other. Also what is the point of all that hard work over the years when it does nothing for you???

2 Responses to “What will a good credit score do for you in todays market?”

1. Farrah Says:
   June 8th, 2010 at 9:09 am

   Many American are in the same situation and have higher rates and lower credit limits due to financial crisis. You have very good FICO score and should have lower rates. I pay all my credit card bills in full before the due date and avoid paying any interest charges. I would advice you to do the same and weather this financial storm for atleast a year.

2. Mek Says:
   June 8th, 2010 at 9:09 am

   Look into this website, they have some excellent information about your question:

   http://improve–your-credit-score.blogspot.com/
   http://the-credit-score.blogspot.com

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