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Old 05-13-2008   #4 (permalink)
longbow
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Join Date: Apr 2008
Location: south central IN
Posts: 94
longbow is on a distinguished road
Talked with him again today. He said many credit card companies are crunching credit reports like never done before. If you have high balances and are making low payments - your credit card is toast. All you will have is just what your existing balance is. As you pay it down there is a good chance they will lower the credit limit as you pay it down.


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