Credit gone weird

Liz Pulliam explains “weird stuff that hurts your credit”. The article is eye opening. Below is just one instance, she goes on to talk of several more. Check out the article.

Accountant John Johnson of Springdale, Ark., painstakingly rebuilt his credit after some business reversals several years ago. But the credit-card issuer that initially helped him is now standing in his way.Capital One refuses to report its customers’ credit limits to the three major credit bureaus. Instead, the bureaus use the highest balance a customer has charged as a proxy for the limit.

Weird stuff that hurts your credit – MSN Money

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