08-03-2007 05:36 PM
08-04-2007 07:05 AM
08-04-2007 08:49 AM
I have 3 cards with CL's at $500 or under (one of which is Crap One). I've had the first card for 2 years, the second one (Crap One) for about 9 months, and the last one for about a few months. The question is, I really, really want to close all three since I've gotten much better CC's the last month or so. Will closing all of this affect my overall utilization?
myhearts07 wrote:Read my post today about cancelling credit cards, you might change your mind and try another tactic. Keep the card open, only charge a candy bar and a pop once a month, then pif when the bill comes.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO