https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7131#M2328 Through much hard work and that 4 letter word "time" I finally have good credit. I have a 2 old cc's that have high % rates. I don't want to close them because they are part of my history. So, I called these cc companies and asked them to lower my credit limits down to the bare minimum. In turn my other cc's increased my limits to fill the gap. Will it effect my FICO score in a negative way by having these low limits? Thu, 10 May 2007 01:51:59 GMT Anonymous 2007-05-10T01:51:59Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7131#M2328 Through much hard work and that 4 letter word "time" I finally have good credit. I have a 2 old cc's that have high % rates. I don't want to close them because they are part of my history. So, I called these cc companies and asked them to lower my credit limits down to the bare minimum. In turn my other cc's increased my limits to fill the gap. Will it effect my FICO score in a negative way by having these low limits? Thu, 10 May 2007 01:51:59 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7131#M2328 Anonymous 2007-05-10T01:51:59Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7140#M2331 <DIV>Are you still keeping util low on the ind cc as well as overall? If so it shouldn't matter you just moved your highest limit to another card. I believe if you kept util close to 0 you wouldn;t have suffered much anyway.</DIV><DIV>&nbsp;</DIV><DIV>How old is the oldest accounts after those 2? At some point because they aren't the best cards for you, you may want to consider taking the temp drop in score to prevent your out of pocket costs with the older s/p cards. Their fees can be a killer!</DIV> Thu, 10 May 2007 03:31:52 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7140#M2331 Anonymous 2007-05-10T03:31:52Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7235#M2359 <DIV>Never lower your limits. You are just hurting yourself by shortening the util gap overall.</DIV> Thu, 10 May 2007 12:42:54 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7235#M2359 Tuscani 2007-05-10T12:42:54Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7244#M2361 I have 18 yrs of credit showing but yrs for my current active cc's are 5 5 4 1 1 in all there is nothing Derog showing Thu, 10 May 2007 13:58:04 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7244#M2361 Anonymous 2007-05-10T13:58:04Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7313#M2380 <DIV>Leave them open unless they are costing you money.</DIV> Thu, 10 May 2007 17:54:09 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Through-much-hard-work-and-that-4-letter-word-quot-time/m-p/7313#M2380 Tuscani 2007-05-10T17:54:09Z