Re: Does a high limit effect credit negatively?

Posted by marvbear (24.92.16.51) on March 09, 2004 at 19:32:33:

In Reply to: Does a high limit effect credit negatively? posted by HP2025 on March 09, 2004 at 15:24:37:

People with a goodly number of revolving accounts, i.e. credit card account that are paid in a timely fashion usually have higher FICO scores. The amount of the utilization of the card will also affect her score somewhat. If all else being equal, the longer this account is open, the higher the score will become.

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