CC with low limits and zero usage

Anonymous · ‎05-23-2008

I have a couple of low limit credit cards (300 & 500) that I don't use since I have 3 hihgh limit cards now. While they help some for length of credit (not my oldest history) I am also getting messages that they are hurting my score because of low limits. Canceling won't hurt my UTI since I would still be below 5% without them. My question is could canceling these cards help me even a little?

Thank You

Anonymous · ‎05-23-2008

They would hurt you...try Crown Jewelers...I too had only CC's with $375 & 500 secured CL...with no other CC's...I got CJ..and my score increase a little...based on your scores...you might be able to get more...find out companies that only pull one CR...and try which ever is your highest...I just applied today for more...1 was denied..and others I have to wait on a decision...what do your scores look like???...

Anonymous · ‎05-23-2008

Ignore the advice you get from FAKO sites-

Leave them alone unless they are costing you $-

chrislo wrote:

I have a couple of low limit credit cards (300 & 500) that I don't use since I have 3 hihgh limit cards now. While they help some for length of credit (not my oldest history) I am also getting messages that they are hurting my score because of low limits. Canceling won't hurt my UTI since I would still be below 5% without them. My question is could canceling these cards help me even a little?

Thank You