“Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score.”

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About Suze Orman

American financial advisor, author, and podcast host

Suze Orman is an American financial advisor, author, and podcast host. She is known for founding the Suze Orman Financial Group in 1987 and for bringing her financial advice to a wide audience through television and later podcasting. Her work became widely known through The Suze Orman Show, which aired on CNBC from 2002 to 2015. She is associated with practical guidance on money management and personal finance, delivered in a direct and accessible style.

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