יום ראשון, 25 בספטמבר 2011

Www credit report Shreveport


www credit report Shreveport

Another reason that closing cards can be a bad idea is that youre lowering the amount of credit available to you (total of your credit limits) and www credit report Shreveport depending on the amount of debt you continue to carry, www credit report Shreveport this can look like youre overextending yourself. It can be a bit confusing, but it has to do the amounts owed portion of your score, which accounts for roughly 30%. I just wrote a blog entry about this if youre looking for more info: http://tinyurl.com/4p6slg Hey Ryan I cant second this enough. The only thing that she is consistently dinged on is length of credit history and she has 5 years of it. Considering she is 25, thats not that short a history, www credit report Shreveport but short enough to where closing any of her long running accounts could absolutely hurt her credit badly. get credit report online You might need to check not only your credit score, but your credit report www credit report Shreveport as well. I applied for a credit card once, never got it ( someone might have checked my mail for me, if you www credit report Shreveport know what I www credit report Shreveport am saying), then called the company and thought I had cancelled it. I checked my credit report one year later and I did see the www credit report Shreveport credit card. free fraud protection I recently had one of my longtime cards closed by the store (Sears) because of lack of use, I hadnt used it in www credit report Shreveport over 10 years. So this is going to hurt a score that isnt great right now to begin with because it www credit report Shreveport is a long www credit report Shreveport account as well as lowering the available credit. Lowering your available credit can be a good thing if www credit report Shreveport you have too much credit available, but it can also be bad if you have outstanding debt because it raises your utilization rate. Ideally you want zero%, but a rate of 30% or lower isnt too bad. Canceling a 10 year old line of credit can hurt a little, especially if your other www credit report Shreveport lines of credit are relatively new. free business credit report The average age of credit is taken into account in the FICO scores. Keep plugging away and your scores will continue to rise.

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