Question

 Can too much available credit affect my credit score?

Answer According to Bankrate.com, a consumer cannot have too much available credit. It is a common misconception that a great deal of available credit adversely affects your FICO score. Available credit a... Read More »
http://www.answerbag.com/q_view/1901817

Top Q&A For: Can too much available credit affect my credit ...

Can Reduction in a Home Equity Line of Credit Affect My Credit Score?

A home equity line of credit is a type of secured revolving credit that uses your home's equity -- the value of the home minus mortgage owed -- as collateral. In certain cases, your lender may deci... Read More »
http://www.ehow.com/about_7351801_can-credit-affect-credit-score_.html

If I Negotiate With Credit Card Companies Myself, Will It Negatively Affect My Credit Score?

If you lose your income, you may find yourself with credit card accounts that you are having trouble paying. As these balances become past due and move further into delinquency, account holders may... Read More »
http://www.ehow.com/about_7376107_negotiate-negatively-affect-credit-score_.html

Will closing a credit card account affect my credit score?

Closing a zero-balance credit card account can negatively impact a credit score. This is because a credit score is based in part on the debt to available credit ratio. Therefore, when a zero-balanc... Read More »
http://www.answerbag.com/q_view/1882381

Does ordering my credit score affect my credit rating?

Ordering your own credit score is considered a soft inquiry and will not harm your credit score. Soft inquires are generated when an individual checks their own credits or a business/lender they ha... Read More »
http://www.answerbag.com/q_view/1882414


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