06-02-2008 12:44 PM
You will, however, see an immediate revolving utilization effect, since a the card's CL will be removed from utilization calculations as soon as the card is reported closed.
What if you close a card with a balance...is that taken out of the util calculation??
06-03-2008 07:40 PM
06-03-2008 07:54 PM
O.K., maybe I need to clarify.....I have 3 subprime CC's. I want 3-4 prime CC's to replace them with. If I were to close the 3 subprime cards right after I open the prime cards, will my scores plummet? If this is the case, how long should I wait before closimg them?
06-03-2008 08:10 PM