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Re: Better to close the accounts or keep low debt/potential debt ratio?


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Posted by JR (152.163.253.37) on July 21, 2003 at 22:53:14:

In Reply to: Better to close the accounts or keep low debt/potential debt ratio? posted by Seadragon on July 19, 2003 at 23:00:00:

If you closed all of your accounts and left open only the one(s) that you owe money on your FICO score would plummet.

The available credit open is a VERY big factor in your score.


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