HR 627 (Card Act)

By Larry Chiang

Before the Card Act was passed, it was legal to offer $15,000 credit line.

The Card Act was HR 627 bill. Now, you can build as high of a FICO with a $300 credit line as you could with a $15,000 credit line

Larry Chiang

Credit scores help you avoid charge-off losses. Off credit report data matters. An example of off credit report is whether that credit applicants' email address they used is plugged into an active Netflix account. Age of cell phone telephone number, matters. What service provider they selected, matters. These our company provides via an Application Protocol Interface.

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