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re: Any negative for having too many CCs open?

Posted on 7/23/14 at 10:52 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 7/23/14 at 10:52 pm to
quote:

Your score will be the same whether you have 20% or 60% balance/limit ratio, however 60% is the threshold.


I was banking a good bit on a 0% teaser rate that brought my utilization to 45% when I paid that off and got a increase in my line of credit, it brought my utilization to 23%

Score went up 25 points.
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