Updates on our credit is always a good thing that most people look forward to every few months by those who are paying their bills on time. This doesn’t mean everyone who has good credit knows how credit works.

Big 3 Credit Updates is meant to bring readers the news about credit keeping in mind the big 3 rules dealing with credit:

  • No interest rate increases on existing balances.
  • Interest rate increases require a 45-day notification.
  • No rate increases during the first year.