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CaidensMommy
My 3 Miracles!
Member since 5/05 5777 total posts
Name:
Melissa
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Credit scores
Is it better for your FICO score to have a credit balance split up between 2 credit cards instead of one being basically maxed out? Does it make a difference at all? Thanks!
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Posted 8/23/07 12:42 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
maybebaby
LIF Adult
Member since 11/05 6870 total posts
Name:
Maureen
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Re: Credit scores
I would THINK it would be better to have a balance split...because I believe maxing your credit out on a card shows lenders that you will eat up a limit given to you as opposed to keeping it lower.
BUT i'm not an expert..
Creditboards.com have helped me tremendously over the years to rebuild my credit when i was young and stupid...they have great advice!
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| Posted 8/23/07 1:41 PM |
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seank80
Don't Taze My Dog Bro!!
Member since 5/07 2240 total posts
Name:
Sean
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Re: Credit scores
Your utilization would be better split up on the cards for your dealings with the card companies. I believe when they look at your fico and such it looks at your amount on cards and your total utilization. Go to Credit Boards Forum . They will answer any questions for you and teach you how to raise your credit score.
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| Posted 8/23/07 2:41 PM |
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