Prime rates have decreased, but many cardholders with credit scores under 700 see interest rates increase. Charging high balances, paying late or missing payments can trigger a rate increase. A tightening of credit standards is predicted in the coming months.

FICO 08: The credit scoring system is being tweaked again as Fair Isaac Corporation, developer of the FICO credit score rolls out a new model called FICO 08.

Ways to unintentionally lower credit score points and how to avoid them. Opening New Credit Accounts; Transferring Credit Card Balances; Settling Credit Card Debts; Using "Limitless" Credit Cards; Library Fines; Parking tickets and credit scores.

What is a credit score? Ways to raise and maintain your credit score; Limited credit card applications; no spending limit report; don't cancel multiple credit cards, long credit card history, limit available credit; obtain a secured credit card to establish credit card history; pay all credit cards on time; late payments linger on credit reports for years

Affordable legal credit report repair by a law firm.