1. If you spend more than 50% of your credit limit every month, this indicates to the Credit Bureau that you do NOT have enough cash on hand to meet your monthly expenses. This will identify you as a high credit risk and will actually reduce your credit score by 60 - 70 points overnight (Fair
Isaac).
2. If you miss 1 or 2 payments on your credit card debt, the issuing company will skyrocket your interest rate to a whopping 27% -
30%!
3. Out of a random sample of 3 million American consumers (included in Experian's National Score Index), 51% of them have at least 2 credit cards and 14% of them have 10 or more credit cards.
Alabama Central Credit Union - Reviews of Alabama Debt Consolidation Companies
Physical
Address:
3601
4th Avenue South,
Birmingham, Alabama 35222
Year
of Establishment:
1938
Description:
Alabama
Central Credit Union is known for its
trustful relationships with its clients.
Established since 1938, the company has
survived various economic recessions and
proved that it can provide useful financial
services (which means returning customers).
Services
Provided:
The
company provides debt consolidation and
other financialservices with over 9 branches
throughout Alabama. Furthermore, it provides
services to over 900 corporate employees
throughout Alabama.
Future
Expansion Plans:
Alabama
Central Credit Union plans to open its
10th branch in Alabama as well as provide
more ATM machines, expand its line of
financial services and capture new markets.
