Quote:
Originally Posted by skyking
Wrong. You have it backwards.
One of the most significant factors in determining your credit score is the percentage of your available credit you are using. The higher your credit limits the better. (And the lower your reported balance the better.)
"A credit limit increase may affect your credit score.
A credit line increase “can, many times, help your credit score,”. If you increase your credit line and keep your usage the same, you automatically shrink the utilization ratio."
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SkyQueen you are missing one important factor..............I AM USING NO CREDIT. ZIP. I have nota debt. Zip..
So you are wrong about saying I am wrong.
Your apology can either be in a post or a PM..............I look forward to it.
(I was just sharing the results of using an online tool)
