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What are things that can lower your credit score?

Tinoka asked:
What are things that can lower your credit score? I heard that if you go shop of cars or furnitures and the stores check your credit that can lower your credit score. Is this true? How many credits are taken off per each credit check? What about cosigning for [...]

How to raise my credit score? Where to get my credit score?

A A asked:
I paid a service for my credit score but apparently b/c I didn’t buy the best package they show payment and history but not the actual score.
What is the best most reliable and cheapest place to get my credit score?
Also, what are some way to raise my credit score? Obviously to pay [...]

Can credit card companies close your accounts without warning? How does it affect your credit score?

Sara asked:
I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the [...]

Is requesting an increase in a credit card limit treated the same as an application for new credit for FICO?

MSB asked:
I know that applying for a new card will reduce my FICO, and that increasing credit limits (while keeping debt amounts constant) will increase my score – but this would not be the case if requesting the increase in credit limit is treated as a new credit card application?


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