Tag Archive | "credit scoring"

Rise in Credit Card Rates

Tags: , , , , , , , , , , , , , , , , , , , ,


According to the recent research from Moneyfacts, the credit card’s average rates have reached to the 12 year high then ever.  The average credit card rates remains at 18.8% this month, showed by the report. These rates were 17.7% a year ago and 16.8% two years ago. In 1998, the last rise in rates from this point was recorded and at that time the average rates were 21.1%. credit Card Rates

The best rates in the year 1998 were 7.25%, as compared to date rates that are 0.5%. This shows that the difference between the base rate and the credit card rates has risen by 4.45% since 1998.

Read the full story

Contacting Credit Bureaus

Tags: , , , , , , , , , , , , ,


In case you find any errors on your credit report, you will have to dispute it with the credit bureaus in order to get it corrected. The following contact information may help you to find these bureaus and to talk to them.

credit bureaus

Credit Bureau Websites

The contact information is also available at the end of any credit report that you may have. The credit bureau’s websites provide a lot of useful tips and advice. There is also an area available on the site where you can dispute items appearing on your credit report. Learning centers are also there on the site that teach you the fundamentals of credit scoring.

Read the full story