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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Some house cleaning questions Date:  1/2/2013  5:15 PM
Author:  Windowseat Number:  306608 of 312189

What am I missing here? Any suggestions are very much welcome.

What you are missing is that to most lenders, someone who has a lot of unused credit looks really, really, good. You have plenty of credit, but don't use it, so they will assume (correctly) that you control how much you spend and are keeping your spending within limits.

I would suggest closing the two store cards, but leaving the rest open.

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