Wednesday, March 15, 2006

Credit Scores

Good article by David Bach on credit scores. I don't like a lot of what this guy writes, particularly on housing, but seems there is a lot of sense in this article. Some of the people playing the credit card arbitrage game should read this and learn more. I fell into some of these traps without knowing. Am not planning on buying a house till 2009-10 at the earliest so hopefully can clean things up by then. Hopefully my balance sheet will be taken into account too!

PS: A whole new credit scoring system was announced today by the three major agencies.

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