No, it has no affect on your debt -income ratio,because your ratio is just your monthly required payments(CC min's and monthly installment) divided by your income, and remember because your income isn't on your CR your debt-income ratio has no bearing on your score, it's only matter when go to apply for credit as part of that process is that they total up all your revolving min's and installment loans payments (think first mortgage is excluded?) divide by your income,for best credit worthiness keep that ratio under 20% .
But the CLI increase is good thing cause it means you can use more of available credit optimally, since you what to keep the balance of individual revoling account under 10% and 30% total on all the accounts combined.
Message Edited by rbbyrbsn on
07-13-2007 03:47 AM