green_chevelle wrote:I was trying to compare my husbands and my Fico status and I Unfortunately started this account under my husbands login. I'm a 47 year old computer dummySo now my name is Green_ChevelleI read a lot of credit scoring 101 (Great info)But I'm not sure at how to go about fixing my ratio of my revolving balances to my credit limit.Right now it's at an embarrassing 33%Of the 36 accounts on my credit report22 are closed mortgage, auto and cc accounts14 are currently open5 have balances (CC)1 is a home loan1 is a home improvement loan7 are paid off credit cardsOf the 22 closed accounts I read that they will come off my report in 10 years.Is that 10 years from the last activity or 10 years from the closing date?Thank you again for any and all help.Terry
chevelle wrote:1.) Is it better to close the accounts without balances or to have the amount available made smaller?
green_chevelle wrote:You said to "ignore the scores they're Fako" What does that mean?I signed up for the TransUnion quartly monotoring, is this a fico or fako?I'm sorry if I'm asking dumb questions, It's all new to me.Terry
As they always say, the only dumb question is the one that you don't ask. It took me four months to figure out what I think I know now, and I learn something new literally every day.