View Single Post
Old 06-17-2016, 08:01 PM   #44 (permalink)
Mike
The370Z.com Sponsor
 
Mike's Avatar
 
Join Date: Jun 2009
Location: Loganville, GA
Posts: 5,944
Drives: 370z
Rep Power: 2186
Mike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond reputeMike has a reputation beyond repute
Default

closing credit cards in the states is bad for you. They rate you based on the percentage of balance owed to credit limits, so if you owe 1000 on a 2000 limit card and 0 on another 2000 limit card, they look at it as only a 25% utilization, which will yield a higher credit score than a 50% utilization.
__________________
NISSAN: 75 280Z / 86 300ZX GLL /87 Sentra SE / 03 350Z / 23 Z
Porsche: 93 968 / 23 Macan GTS / 93 968
Mike is offline   Reply With Quote