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 Does going over a credit limit affect a credit score?

Answer Yes. Going over your credit limit can lower your credit score because it increases the amount you owe. Credit-scoring formulas reward low balances with higher scores and penalize people who carry h... Read More »
http://www.answerbag.com/q_view/2058940

Top Q&A For: Does going over a credit limit affect a credit ...

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

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

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 canceling credit cards affect the credit score?

Canceling a credit card will lower a consumer's credit score because it increases their debt-to-credit ratio and shortens their credit history. Canceling a credit card also changes a consumer's cre... Read More »
http://www.answerbag.com/q_view/2125577


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