Super Contributor
marty56
Posts: 5,696
Registered: ‎10-06-2007
Re: Small Credit Card Limits
[ Edited ]
Dont close the cards, lower your util to < 10% on them.  Think 5% of 3k CL is better then 50% 20k CL.
 
This will improve your FICO score. 
 
The PIF car loan with a good payment record will be worth more to help you get a new car loan.  I dont know about the affect on a PIF car loan on your FICO score.
 
Best ways to improve your score:
 
1. Never pay late
2. low util PIF (FICO score game)
3. Dont apply for too much credit.
4. Despute wrong derog information on your credit report.
5. Never pay late
 


Message Edited by marty56 on 01-04-2008 04:28 PM
11/28/2014 FICO: EQ: 796 EX:788 TU:803