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Huaren
等级上士
威望1
贴子1440
魅力1987
注册时间2006-04-10

voggieeup!

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Too-large credit line hurts credit score

1059

7

2006-10-24 16:38:00

Sure.

Also a quick reminder here: when you have a credit card for long time and decide not to use it in the future, DO NOT cancel it.

Canceling a credit card can hurt your credit score for two reasons:

1. your debit/credit ratio will be higher since your credit limit is lower.

2. your credit history on  this card could be erased from your credit report, which might shorten your credit history. 

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