Dear Forum:1. Is debt to credit ratio calculated based on Total Debt vs. Total Credit or individually on each credit card? If you have several credit cards, some with a debt to credit ratio of 0% and some at 80%, is it wise to make the debt to credit ratio the same accross the board or would it even matter (because the final average % would be the same)?2. If it would be better to make the debt to credit ratio the same on all cards, would balance transfers suddenly lower the credit score?Robliski
Robliski wrote:Thank you "masdeocho." I am trying to increase my FICO score and looking for ways to make things better.Robliski
Pay attention to the fine print on balance transfers; some rates are good for a limited time only, some have fees, etc.