I got a letter from a credit card company saying that they have reduced my credit limit without any previous warning. Is there a limit to how often can they do this? Can they do it how ever many times they wish? For example, once every six months/year?
Also, Is there any way to see it coming?|||They can increase or decrease your credit limit at any time and for any reason....as often as they wish.|||Credit card companies are back stepping with todays economy. Even people with great credit are seeing the same effects. The reason your getting the letter is probably because your debt to credit is over 30%. The split used to be 50/50 meaning you could have 50% of the credit used with 50% available but the economy has pushed it down to 30%.. By the way the big credit card scam now is that they charge you a monthly fee to monitor your credit. What most people dont know is Credit card companies pull your credit every 3 to 6 months anyhow. But they big identity theft scare is marketed so well that consumer pay for it. If your a victim of identity theft it doesnt matter if you find out today or 6 months from now the damage is already done. 1 Credit card company can make as much as 180 million a year just off of credit watch programs they charge you.|||There is technically no limit on how many time they can do it, but I wouldn't expect them to keep doing it. There is no warning, and you usually don't find out until it's already done. This has become a common practice that big banks have been doing even to customers who always pay on time, or even those who don't even carry a balance. If your account is in good standing, it was probably a one-time thing, otherwise it could continue.|||There is a way to see it coming.
This is what happens when you get too close to your avialble limit on your card.
There is only one way to use credit to get top scores.
You pay in full each month and never pay interest.
It is 100% myth that carrying high balances is good for you, when it actually causes utter devastation to your reports and to your career - since employers check.
Not sure where the rumor got started - I think its from ladies that shop online.
/|||There is no limit on how often they can do this. Theoretically, they could do it every five minutes, if they could afford the postage to send that many letters.|||The letter you received IS the warning.
Yes, they can lower your limit as they see fit.
Thursday, December 15, 2011
What is the legal alcohol limit for a person over 21 to drive?
My painting class is 5 and a half hours long and i kinda want some booze to jump start my paintings. Unfortunately it is a summer course and i have drive to my school and back. So what is the limit? And I'm sure 5-6 hours is enough to sober up.|||0.08 but why take a chance
I know what you mean about summer classes. I have Biology from 8 - 12 and Kinesiology from 12:30 - 3 .. tough enough while sober and after 6 hours sleep.|||.08 BAC is the limit in most states, which is typically (but not always) 4 drinks (4 1.5oz shots, 4 12oz beers or 4 6oz glasses of wine) but you could still get a DUI if you're under the limit|||.08 but buzzing can kill or get some one hurt.Please don't drive and drink.|||.08|||between .06 and .08 depending on the state you live in
I know what you mean about summer classes. I have Biology from 8 - 12 and Kinesiology from 12:30 - 3 .. tough enough while sober and after 6 hours sleep.|||.08 BAC is the limit in most states, which is typically (but not always) 4 drinks (4 1.5oz shots, 4 12oz beers or 4 6oz glasses of wine) but you could still get a DUI if you're under the limit|||.08 but buzzing can kill or get some one hurt.Please don't drive and drink.|||.08|||between .06 and .08 depending on the state you live in
Is requesting an increase in a credit card limit treated the same as an application for new credit for FICO?
I know that applying for a new card will reduce my FICO, and that increasing credit limits (while keeping debt amounts constant) will increase my score - but this would not be the case if requesting the increase in credit limit is treated as a new credit card application?|||Depends. Some banks do a hard pull on your reports and check your scores which is called a hard pull. Sometimes they do a soft pull. A hard pull is a new inquiry on your report just like a new application and has to be authorized by you. A soft pull isn't a new inquiry and can be done by your card companies periodically. Soft pull is like account maintainance. Chase always does a hard pull as far as I know for CLI. When you request your CLI, ask them to do a soft pull and not a hard pull and see if they will do that. I tried this with RBS, they dont do soft pulls. Capital One and HSBC did and increased my credit without a hard pull. Cards that offer automatic CLIs tend to do it via soft pulls. As long as it is not a hard pull, it wont count against your FICO scores. Read the difference in the following article.
http://credit-free-report.blogspot.com/2鈥?/a>|||Actually, one of few best ways to increase your FICO score is by having more than one account.
And yes, by having another credit card is good way to increase one's credit limits.
Just, know that having another credit card is like having extra responsibility.
If you can handle paying off both credit card score, than you should go for it.|||When you ask for an increase in your credit limit, your lender performs what's called a periodic review. Which is actually an inquiry with the credit reporting agency. These inquiries created as a result of the periodic reviews are not supposed to be factored into your credit score. More information here:
http://www.badcreditfixup.com/what-deter鈥?/a>|||getting a new credit cards improves your credit score more than if you just call your existing credit card company and ask them to raise your credit limit. a website to get great information about all the different credit cards and compare them before applying is cardlister.com
here is the link
http://www.cardlister.com/|||No it isn't....
FYI: One application for new credit won't necessarily cause your credit score to drop....Also, if this is a CapitalOne card you are talking about, they will deny the limit increase anyway as they've frozen credit limits for several years now.|||no
http://credit-free-report.blogspot.com/2鈥?/a>|||Actually, one of few best ways to increase your FICO score is by having more than one account.
And yes, by having another credit card is good way to increase one's credit limits.
Just, know that having another credit card is like having extra responsibility.
If you can handle paying off both credit card score, than you should go for it.|||When you ask for an increase in your credit limit, your lender performs what's called a periodic review. Which is actually an inquiry with the credit reporting agency. These inquiries created as a result of the periodic reviews are not supposed to be factored into your credit score. More information here:
http://www.badcreditfixup.com/what-deter鈥?/a>|||getting a new credit cards improves your credit score more than if you just call your existing credit card company and ask them to raise your credit limit. a website to get great information about all the different credit cards and compare them before applying is cardlister.com
here is the link
http://www.cardlister.com/|||No it isn't....
FYI: One application for new credit won't necessarily cause your credit score to drop....Also, if this is a CapitalOne card you are talking about, they will deny the limit increase anyway as they've frozen credit limits for several years now.|||no
What is the average credit limit on a business credit card? What information will I need to provide?
I have $30,000 and think to get business credit card. What is the average credit limit on a business credit card? What information will I need to provide?|||First of all you can lend me like $800.00 and you'll be okay. But your credit limit depends on you credit. If you use American Express that darn Charge card, then you are going to get something like No credit limit which looks bad on your credit score. So You might wonna go with so mething that is around $20,000. If any thing goes wrong and you are suddenly out of work or you have to shut your business then you that that thirty that you are saving and stick it on the credit card balance. Remember you won't go over tweny. You will need to provide work history, SSN, and amount you have in savings. If you have a checking account then that will also be helpful.|||Several different items are considered when applying for any credit card. Depending on the size of the business, your credit history and even if you have other accounts with the bank your applying for will determine how much credit you receive. One of the nice features about a business card is that you can have a large collective credit line on the primary card and add people to the account as users and assign a specified line for each one.|||It deepends on the size of the business, Your status (wether you are a dba, a corperate company, an llc, etc.), and you businesses average income, your credit history (if it is a dba), or the credit history of the business. You will need to provide your personal information, the businesses info (including the tin #) and proof that you are a owner. Good Luck!|||Take a look at this information page http://www.youbigg.com/Credit-Cards.html it lists types of cards and information, it should also answer your question.
What is the lower age limit for sexual relationships as stated in the bible?
If the bible does not stipulate a lower age limit, why is it that secular societies rather than theocracies have introduced one?|||Guys, seriously, Answer the damn question, ok, instead of waxing lyrical about sex outside marriage and "eroding moral fibre".. Wut? So it's ok for two 9 yr olds to get married?
Let's rephrase: What is the lowest age people can get married in the bible, or does it not state one?|||The Bible commands us to "flee youthful lust" so it should not be fueled from lust.
and also do everything "decently and in order" 1 Corth. 14:40
A decent man would obey the "law of the Land" and marry someone who is legally of age.
|||Limit is marriage, not specifically an age limit. The Bible does not provide an age limit for marriage. What you can learn from the Bible is that marriage is for grown ups, mature people, not for kids.
Societies of different times have determined when a person is mature enough to get married. I am sure that an 14 or 16 years old person of the first century was more mature and prepared for marriage than an information age teenager of the same age.
Romans 13:1 says :
"Let every soul be subject to the governing authorities. For there is no authority except from God, and the authorities that exist are appointed by God."
Besides, God appointed secular goverments.|||The Bible actually does not give an age for sex/marriage but it recommends that one should wait until they are past puberty or the "Bloom of Youth".
1 Corinthians 7:36. But if anyone thinks he is behaving improperly toward his virginity, if that one is past the bloom of youth, and this is the way it should take place, let him do what he wants; he does not sin. Let them marry.
This was written to Christians in the first century about 55 C.E.
In early bible time males were not consider men or marry till they where 30. They where considered young and immature. Many also waited till 50 or 60. However, people also lived longer than. If you were going to live to be 300 or 600 years old would you tie up your life with a spouse and children so young or would you live life see the world, acquire some land, build a home and than get married. Enjoy the wife of your youth then some years later have children.
The Greeks, though believed in having a boy as a lovers from a young age. He would have been treated well and provided for in exchange for his ‘love’. Any parent who didn't agree with this would hire a "tutor". His job was not just to educate the child but protect him from the advances of those where looking for a young lover. The tutor would see to it that the boy was completely shielded, not just from advances to become a lover, but from knowledge that there were people who had such designs on young boys. Today some people don't want their children even attending school with youth who believe in casual sex.
As modern societies developed and democratic governments matured, progress saw a need to protect children from exploitation. This was seen first in the area of child labour. As some abused children grew up and became educated they spoke out against other forms of exploitation such as sexual. Particularly as the area of psychology developed in modern democratic societies. As a result limiting the age of sexual consent ended up in the laws.|||The same reason secular societies have a lot of laws; to keep the peace.
The Bible does not say a man can marry a "girl". It does say a man can marry a "woman". It also says a man should not have sex outside of marriage. So, no sex or marriage with a "girl".
Since we have to live with each other in this world, each society determines for itself, at what age "girl" becomes "woman".|||I love how so many people are dodging the question.
Yes, yes, we all know the bible says no sex outside of marriage. What the bible doesn't specify is if it's not okay to marry off a girl who's barely hit puberty to some creepy old pervert.
See: God knocking up Mary at 12, then pimping her out to Joseph.|||Um, given the supposed lengthy life-span of those Exodusorians found in ancient literature, and transposing that from dog years to human years, I'd say the lower limit was somewhere in infancy.
Gross.|||The Biblical view is that sex is for within marriage. No need to give an age.
Actually in the UK the present age of consent is as a result of the work of The Salvation Army (Which is hardly secular)|||the Bible did not say anything specific, while many other scholars did
it is 16, at 16 they can marry
we cannot put the values back then on the same plane with the values now, they have such shorter lifespan before|||Well I guess some social matters just weren't that important to the early church. Good Christians thought slavery was perfectly acceptable .. for example.|||Bible or Qu'ran never gives dates. But both Muslims and Christians argue that their leader was with a child.|||marriage |||BUT, the Bible does say that sex out of marriage is wong. If there was no limit on how young someone had to be to get married, it's be a mess. Can you imagine two 14 year olds working and paying for rent?|||Because secular societies are eroding the moral fiber of the world.|||living according to the Bible
sex is for married couples...only
Let's rephrase: What is the lowest age people can get married in the bible, or does it not state one?|||The Bible commands us to "flee youthful lust" so it should not be fueled from lust.
and also do everything "decently and in order" 1 Corth. 14:40
A decent man would obey the "law of the Land" and marry someone who is legally of age.
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|||Limit is marriage, not specifically an age limit. The Bible does not provide an age limit for marriage. What you can learn from the Bible is that marriage is for grown ups, mature people, not for kids.
Societies of different times have determined when a person is mature enough to get married. I am sure that an 14 or 16 years old person of the first century was more mature and prepared for marriage than an information age teenager of the same age.
Romans 13:1 says :
"Let every soul be subject to the governing authorities. For there is no authority except from God, and the authorities that exist are appointed by God."
Besides, God appointed secular goverments.|||The Bible actually does not give an age for sex/marriage but it recommends that one should wait until they are past puberty or the "Bloom of Youth".
1 Corinthians 7:36. But if anyone thinks he is behaving improperly toward his virginity, if that one is past the bloom of youth, and this is the way it should take place, let him do what he wants; he does not sin. Let them marry.
This was written to Christians in the first century about 55 C.E.
In early bible time males were not consider men or marry till they where 30. They where considered young and immature. Many also waited till 50 or 60. However, people also lived longer than. If you were going to live to be 300 or 600 years old would you tie up your life with a spouse and children so young or would you live life see the world, acquire some land, build a home and than get married. Enjoy the wife of your youth then some years later have children.
The Greeks, though believed in having a boy as a lovers from a young age. He would have been treated well and provided for in exchange for his ‘love’. Any parent who didn't agree with this would hire a "tutor". His job was not just to educate the child but protect him from the advances of those where looking for a young lover. The tutor would see to it that the boy was completely shielded, not just from advances to become a lover, but from knowledge that there were people who had such designs on young boys. Today some people don't want their children even attending school with youth who believe in casual sex.
As modern societies developed and democratic governments matured, progress saw a need to protect children from exploitation. This was seen first in the area of child labour. As some abused children grew up and became educated they spoke out against other forms of exploitation such as sexual. Particularly as the area of psychology developed in modern democratic societies. As a result limiting the age of sexual consent ended up in the laws.|||The same reason secular societies have a lot of laws; to keep the peace.
The Bible does not say a man can marry a "girl". It does say a man can marry a "woman". It also says a man should not have sex outside of marriage. So, no sex or marriage with a "girl".
Since we have to live with each other in this world, each society determines for itself, at what age "girl" becomes "woman".|||I love how so many people are dodging the question.
Yes, yes, we all know the bible says no sex outside of marriage. What the bible doesn't specify is if it's not okay to marry off a girl who's barely hit puberty to some creepy old pervert.
See: God knocking up Mary at 12, then pimping her out to Joseph.|||Um, given the supposed lengthy life-span of those Exodusorians found in ancient literature, and transposing that from dog years to human years, I'd say the lower limit was somewhere in infancy.
Gross.|||The Biblical view is that sex is for within marriage. No need to give an age.
Actually in the UK the present age of consent is as a result of the work of The Salvation Army (Which is hardly secular)|||the Bible did not say anything specific, while many other scholars did
it is 16, at 16 they can marry
we cannot put the values back then on the same plane with the values now, they have such shorter lifespan before|||Well I guess some social matters just weren't that important to the early church. Good Christians thought slavery was perfectly acceptable .. for example.|||Bible or Qu'ran never gives dates. But both Muslims and Christians argue that their leader was with a child.|||marriage |||BUT, the Bible does say that sex out of marriage is wong. If there was no limit on how young someone had to be to get married, it's be a mess. Can you imagine two 14 year olds working and paying for rent?|||Because secular societies are eroding the moral fiber of the world.|||living according to the Bible
sex is for married couples...only
Is it better for your credit to have several credit cards with moderate limit, or one card with a high limit?
I have zero debt. I also have several credit cards. I am wondering how it will affect my credit to request the highest limit for each card, or if I should cancel all but 2 and have those with high spending limits. Along the same lines, how does "available" credit affect one's credit score negatively or positively? If I get a $50,000 limit on a card (with 0 balance) but say, go to buy a car, will I be denied because I have too much credit out there?|||It's better for your credit to have several cards with modern limit, as the FICO formula used by the credit bureaus consider the number of credit lines in good credit (by their type, e.g. revolving credit, installment loans etc). A lower number of credit lines will result in a lower score (since you'll have more limited history).
Obviously that assume all of them are in good standing - if they're not, the picture changes dramatically.
As to the total credit, what they look at is which percenage of your total credit are you using, and for that it's irrelevant how it's distributed between the credit lines.|||I applied for a credit card from this site and got the credit card pretty quickly. I would like everybody to apply through the site: http://apply-credit-cards-now.info/
|||I always thought that the total amount of available credit is the critical factor, regardless of the number of cards. And, of course, the ratio of used to unused credit.
Nevertheless, I would try to get rid of a couple of cards, but when you close a card make sure you increase the limit with the card(s) that you keep. Close one card every two months or so. Stick with the card with the lowest interest rate, the lowest annual fee and the best perks.
The longer you haven't touched that large credit line, the better your score will be when it comes to buying a car.|||It's overall credit card debt to overall credit limit. There is a point where too many cards and/or too much available credit will adversely affect your credit score but I think that would be really large numbers.
Personally, I don't recommend keeping a stack of credit cards just for the sake of having them. Keep the two oldest major credit cards that do not have an annual fee. Only keep gas or store charge cards if you have some special reason for them. Otherwise, close all the extras -- via letter requesting written confirmation the account is closed.
All those extra cards are just asking for problems. You have to secure and monitor them. They don't really add that much to your credit score.
Obviously that assume all of them are in good standing - if they're not, the picture changes dramatically.
As to the total credit, what they look at is which percenage of your total credit are you using, and for that it's irrelevant how it's distributed between the credit lines.|||I applied for a credit card from this site and got the credit card pretty quickly. I would like everybody to apply through the site: http://apply-credit-cards-now.info/
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|||I always thought that the total amount of available credit is the critical factor, regardless of the number of cards. And, of course, the ratio of used to unused credit.
Nevertheless, I would try to get rid of a couple of cards, but when you close a card make sure you increase the limit with the card(s) that you keep. Close one card every two months or so. Stick with the card with the lowest interest rate, the lowest annual fee and the best perks.
The longer you haven't touched that large credit line, the better your score will be when it comes to buying a car.|||It's overall credit card debt to overall credit limit. There is a point where too many cards and/or too much available credit will adversely affect your credit score but I think that would be really large numbers.
Personally, I don't recommend keeping a stack of credit cards just for the sake of having them. Keep the two oldest major credit cards that do not have an annual fee. Only keep gas or store charge cards if you have some special reason for them. Otherwise, close all the extras -- via letter requesting written confirmation the account is closed.
All those extra cards are just asking for problems. You have to secure and monitor them. They don't really add that much to your credit score.
How much over the speed limit is considered a "major speeding" violation to insurance companies?
I've heard that if you receive a speeding ticket for 25 MPH or more in excess of the posted speed limit that it is considered to be a "major speed" violation and that most insurance companies will cancel your policy if this happens. Is there any truth to this?|||A ticket for 25 MPH over the limit is considered RECKLESS DRIVING and it will cost you dearly for insurance from now on. Expect to pay exorbitant insurance rates for about 4 or 5 years.|||they check the whole driving record/not just one incident
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