Credit-bailout-issuers-slashing-card-balances: Personal Finance News from Yahoo! Finance. The American Express Centurion Card, more commonly known as the "Black Card," has become the status symbol du jour for high-end cardholders.
But how do you get your mitts on one? Here's a roadmap. The high-end credit card has actually been around for about a decade, and shares more myths and legends than the entire story arch of The X-Files. Going back to the 1980s, hip urbanites spoke of a magical credit card where the owners could order up the Concorde for a trip to Paris, or where someone knew someone who used a "black" card to buy the horse Kevin Costner used in the Oscar winning Dances With Wolves. To date, no stories like the ones listed above have ever been confirmed, but that hasn't stopped some affluent Americans from wondering if they're missing out by not having the card. Credit Scores - What You Need to Know. 8 secret scores that lenders keep. By Liz Weston, MSN Money If your scores are below 760, you may not be getting the best rates for loans or insurance -- so doing some credit repair can save you money.
So you've had a few problems getting the bills paid lately, and you're wondering what you can do to repair the damage to your credit. You've got plenty of company. Tens of millions of people in the United States have credit blemishes severe enough (and FICO credit scores under 620) to make obtaining loans and credit cards with reasonable terms difficult. Or maybe your credit is OK, but you'd like to make it better.