Re: Credit and Credit Scores: A short lesson
yea, i think you've got it upside down. or i do.
Lets say I have $1000 on a CC with a $2000 limit. IF I have 4 more CC's that have $2000 limits each (but I never use them), I am helping my credit by only having a 1:10 ratio, as opposed to a 1:2.
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