Credit limit

Common-sense Credit Insights Provided by BluPeak Credit Union

Retrieved on: 
Wednesday, December 28, 2022
Organization, Late Payment of Commercial Debts (Interest) Act 1998, Credit score, SAN, Student, FICO, Health, University, State Employees Credit Union, ATM, Fraud, Credit limit, Credit, Too, Financial management, Bank

SAN DIEGO, Calif., Dec. 28, 2022 /PRNewswire-PRWeb/ -- With the average American's credit score at an all-time high, it might seem like our days of making financial missteps are behind us. But with more than one in 10 Americans still living below the poverty line, that means many among us remain in serious need of money and may make decisions under that type of distress that ruins our credit record.

Key Points: 
  • "For better or worse, your FICO score is the one number creditors pay attention to most," said Karen Smith, Vice President and Chief Credit Officer at BluPeak Credit Union.
  • When analyzing your credit history, one of the things credit reporting agencies look at is credit utilization.
  • So even if your balances stay the same, your credit score will take a hit, because your credit utilization is higher.
  • Formerly known as University & State Employees Credit Union (USECU), we changed our name to BluPeak in 2022.

Chase Introduces Slate Edge – a No Annual Fee Credit Card With an Interest Rate Designed to Go Down

Retrieved on: 
Monday, July 19, 2021
Professional services, Consumer, Women, Finance, MEN, Banking, Money, Finance, Payment systems, Economy, Debt, Credit card, Credit limit, Credit

Today Chase announced Slate Edge, a new type of credit card designed to help customers reach their financial goals faster.

Key Points: 
  • Today Chase announced Slate Edge, a new type of credit card designed to help customers reach their financial goals faster.
  • Slate Edge is a unique card designed with an APR rate built to decrease annually in response to on time payments in addition to other features like evaluation to raise a cardmembers credit limit and a 0% intro APR offer for the first year all with no annual fee.
  • Were giving cardmembers an edge to tackle whats next on their financial to-do list and put their best foot forward.
  • The 2021 Chase Slate Credit Survey was conducted on behalf of Chase Card Services by TRUE Global Intelligence, the in-house research practice of FleishmanHillard.

Varo Bank Introduces Varo Believe, a New and Better Way for Millions of Americans to Build Credit

Retrieved on: 
Thursday, February 25, 2021
Money, Finance, Economy, Credit, Personal finance, Payment systems, Debt, Credit card, Line of credit, Credit line, Credit limit, Bank

Roughly half of Millennials and Gen Z'ers have "Fair" or "Poor" credit profiles and one in five Americans don't have a credit profile at all.

Key Points: 
  • Roughly half of Millennials and Gen Z'ers have "Fair" or "Poor" credit profiles and one in five Americans don't have a credit profile at all.
  • A lower credit score or a thin credit file can result in limited access to credit offerings and higher cost of credit, whereas a better credit score enables better deals on some of life's biggest purchases.
  • **The credit limit for each transaction using the Varo Believe credit card is equal to the outstanding balance in the customer's Varo Bank Account or $10,000, whichever is less.
  • ****Varo Advance is a small dollar line of credit that must be repaid on time to continue access to the credit line.

What Should You Look for in a Secured Credit Card?

Retrieved on: 
Tuesday, January 26, 2021
Money, Finance, Economy, Personal finance, Credit, Credit card, Credit history, Debt, Credit limit, Credit score, Credit agreements in South Africa, Seasoned tradeline

What follows are some things you should look for in a secured credit card, from myFICO.

Key Points: 
  • What follows are some things you should look for in a secured credit card, from myFICO.
  • If you're someone with heavily damaged credit, it may be worth it to pay a small annual fee for a "no credit check" secured credit card.
  • That's why it's critical that you choose a secured credit card that will report your credit activity to all three major credit bureaus .
  • The credit limit on a secured credit card will usually be equal to your security deposit.

Improve My Credit Fitness Now Offering Authorized User Tradeline Package Deals

Retrieved on: 
Thursday, April 4, 2019
Economy, Money, Finance, Personal finance, Credit, Credit history, Credit limit, Credit score in the United States, Credit card, Credit score, Seasoned tradeline

HALLANDALE BEACH, Fla., April 4, 2019 /PRNewswire-PRWeb/ --Representatives with Florida-based Improve My Credit Fitness announced today that it is now offering authorized user tradeline package deals.

Key Points: 
  • HALLANDALE BEACH, Fla., April 4, 2019 /PRNewswire-PRWeb/ --Representatives with Florida-based Improve My Credit Fitness announced today that it is now offering authorized user tradeline package deals.
  • "These are great deals, for example, the Beginner package gives you two tradelines with an average age of at least two years, and at least $20,000 in total credit limits," said Alex D., spokesperson for Improve My Credit Fitness.
  • For the purpose of improving your credit score quickly, Improve My Credit Fitness adds you as an authorized user to a credit card tradeline with perfect credit history.
  • We invite everyone in need of a credit score boost to consider our authorized user tradeline deals."