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Re: Paid Off CC, FICO Score Down by 25 Points


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Posted by Taziblue (68.130.206.135) on October 01, 2003 at 15:28:34:

In Reply to: Paid Off CC, FICO Score Down by 25 Points posted by Disappointed on October 01, 2003 at 15:25:14:

Did you close the account after you paid it off?

My understanding is that part of the score is a ratio of the credit that is being used to the credit that is available.

If you closed the account, that might bring it down.


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