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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (6143)10/18/2002 8:28:03 PM
From: MSIRead Replies (1) | Respond to of 306849
 
Another credit card nugget: just by making a phone call some will cut your rates. I thought I'd have to make a song-and-dance, but told Citibank I needed a cut in rates, and voila, 4% drop, over the phone. Amazing.



To: Tradelite who wrote (6143)10/20/2002 11:44:51 PM
From: Leland CharonRead Replies (2) | Respond to of 306849
 
Tradelite (or anyone else),

I found your comment to be interesting...

"And of course FICO scores are based not necessarily on what you owe, but on how much credit you have available."

So basically a person could have no credit card debt but have 5 cards with 100K in available credit and this would be looked down upon by lending institutions? Anyone here have any input on how many cards is "just about right?"

Leland