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Justin Pritchard

Do Purchases Affect Credit?

By , About.com GuideDecember 1, 2008

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With the evolving financial crisis, lenders are especially vigilant about your credit. What can you do to make sure they don't cut your credit lines and leave you hanging?

The main thing is to keep your nose clean - make your payments on time and practice behavior that generally leads to good credit scores. However, you might even need to watch where you shop.

According to the Investment News, some issuers

"reduce the credit lines of customers who used their cards at pool halls, pawn shops and bars".
Although your transaction details and recreational habits are not part of the FICO credit score, the most commonly used score, these items can show up in other behavioral scoring models. So if you're worried about your credit limits, think twice before swiping that card.

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