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Credit Bureaus Now Classify Consumers as Transactors or Revolvers

Are you a "transactor" or a "revolver"? That's the question that all three credit bureaus are now asking when they assess credit. TransUnion, Equifax and Experian have all added features to their...

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How Does Credit Card Interest Actually Work?

Why You Should Know How Credit Card Interest Works Credit cards are a great tool for individuals who don’t always have the necessary cash on hand to make a purchase. Most people don’t have unlimited...

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LowCards.com Weekly Credit Card Update–May 19, 2017

Delinquency Rates Rise For Student Loans, Credit Cards, and Auto Loans A new report on debt and credit shows that in the first quarter of 2017, household debt just surpassed the previous peak of $12.7...

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