more the outlying credit vs the unused credit. keep them below 50% of their available as a general rule, then wittle away the remaining.
open ones with 0 balance = good open ones with high balance to available ratio = bad -- tony Better than a thousand hollow words, is one word that brings peace. -- siddhartha gautama On Mon, Nov 24, 2008 at 1:57 PM, Gruss Gott <[EMAIL PROTECTED]> wrote: >> Cam wrote: >> You may already know this, but leaving that account open and simply >> cutting up the card is generally regarded as the best way to deal with >> "closing" a CC account (with no annual fee). That way the available >> credit will remain on your credit report and help your score. >> Eventually Citi will close it automatically, but in the meantime they >> will be helping your score and you will not be giving them a dime. >> > > Doesn't number of open accounts ding your credit? > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:281298 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
