Another tidbit I learned, that most here probably know. Credit card companies could lower your credit limit as well. You know all the "junk" mail we get listing our credit card conditions, etc? Well pay attention because it could be notifying you that your limit has dropped from one amount to another.

I paid off credit cards years ago (thank God) and was determined not to use them again if at all possible. Now, when I travel or buy on-line I'll use them, BUT pay them off right away when I get the bill.

Oh, another thing, home equity loans too....the mortgage company (or whoever) can suddently notify you that your line of credit is not as much as you think it is.

You all probably know this, but just in case.

TIS