Category: Credit Numbers

COSTA MESA, Calif.–(BUSINESS WIRE[1])–If you’re among the millions streaming more often during COVID-19, Experian is offering a way to use the leading video streaming service to boost your credit. Building on its groundbreaking consumer credit product, Experian Boost[2]™, the company announced today that consumers can add video streaming payment history to their Experian credit reports using Experian Boost. With an...

Dive Brief: Banks are raising the borrowing limit on customers’ credit cards without their knowledge, a Bloomberg report[1] indicated Thursday. Outstanding card borrowing reached a record $880 billion[2] at the end of September, according to a November report from the Federal Reserve Bank of New York. Capital One analysis showed customers use the same percentage of their credit line before or after...

Your credit card’s credit limit indicates the amount that the issuer allows you to use. This is important because with a high credit limit you can make big-ticket purchases, improve your credit score, avail of a loan in an emergency and capitalise on offers, discounts, and reward points. If you are someone who is prudent with their finances, an enhanced...

Washington – U.S. Senator Robert Menendez (D-NJ), a member of the Banking Committee and a lead author of the new credit card reform laws that go into effect on Monday, called on the Federal Reserve today to stop credit card companies from circumventing the new rules. In a letter to Fed Chairman Bernanke sent today, Menendez cites a number of...