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Carmen's Latest Web Extra Posts
On The Money Latest Posts

Feb.04
11:39 AM ET
Wednesday, 4 Feb 2009
Web Extra: Dispelling a Credit Card Myth
Topics:Debt | Credit | Credit Cards | Personal Finance
On Monday, we brought you the credit card behavior that can cause the issuer to lower your limits. John Ulzheimer expanded on this on Tuesday's Web Extra by adding two more ways you can avoid trouble:
1. Don't use your card for cash advances. This behavior sends up a huge red flag that you are a risky borrower.
2. Never use a credit card that doesn't report to all three credit agencies. Not sure if yours does? All you have to do is ask.
3. Watch the video below to see Ulzheimer dispel a long-standing credit card myth.
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