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Q&A: How to combine credit cards, to pay them off in one lump sum?

December 14th, 2011

How to combine credit cards, to pay them off in one lump sum?
I have two credit cards with debt of 7,000 with both cards combined. Is there a way that I can combine those credit cards and lower the payment and pay them in one lump sum? I just want to get rid of these [...]

How many credit cards can you have before they drop your credit score?

December 13th, 2011

How many credit cards can you have before they drop your credit score?
I heard having too many credit cards can lower your FICO score even if you pay them full each month. How many can you get before they drop your score?
I had problem getting a credit card when I had no credit history and [...]

How many credit cards can you have before they drop your credit score?

December 13th, 2011

How many credit cards can you have before they drop your credit score?
I heard having too many credit cards can lower your FICO score even if you pay them full each month. How many can you get before they drop your score?
I had problem getting a credit card when I had no credit history and [...]

How often can one open credit cards without affecting your credit score?

December 11th, 2011

How often can one open credit cards without affecting your credit score?
I have been using rewards cards and paying off the balance for years. I have read that applying for new credit card wont affect your record if you only get one, and don’t open too many in a short period of time. Not sure [...]

Warren Buffett Gives Advice to Girl Scouts at Dairy Queen

December 10th, 2011

Youngsters wanting to make blizzards of money got valuable advice from financier Warren Buffett who was visiting his local Dairy Queen for the launch of the new Girl Scouts Thin Mint Blizzard. Surrounded by a group of Girl Scouts in his hometown of Omaha, Buffett offered this tip for college students: “The biggest suggestion I [...]