How To Manage Your Credit & Debt

The credit grantor is another term used to define your creditor or company that gave credit to you. As your credit grantor, the credit card provider can make a lot of choices concerning your account as described in your credit card agreement. They can increase or reduce your credit limit as well as change the interest rate. They also have the power to charge your account for a particular purchase and can charge fees as a fine if you're late with your monthly payments. And lastly, your debt grantor can also close your bank account, in some cases without warning.

Will Account Closed By Credit Grantor Affect Your Credit Score? Find out in this article