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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Where to get credit scores Date:  3/29/2007  5:50 PM
Author:  Abfacken Number:  250761 of 313043

> So, I called and just completely cancelled the card. I know my credit score took a ding for it. At the time, I didn't care too much since I won't be making any major purchases for a long time.

Closing a card is a minor ding that goes away quickly.

> I wondered if I would get hit since I would now have a higher utilization.

Possibly. What sort of ratio do you have?
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