LilMirth wrote " And, your credit lines, while low by some people's standards (certainly not all!), wouldn't make the prime lenders nervous about your ability and liklihood of running up tens (or heaven forbid, 100s) of thousands of dollars worth of debt after the purchase of your new home, leading to default and foreclosure."
I totally agree...
I am one of those people that think higher credit limits can be too much of a good thing sometimes...while I have relatively low limits (500-3000 range) on my cards...It allows me to be flexible with my budget, but reminds me to be fiscally responsible.
Message Edited by aimingfor700 on 01-08-2009 03:26 PM
