Right now I have too many credit cards to manage every month. But I have a great credit ratio of 1%. I want to let some of my cards be dormant which will eventually cause them to be closed.

How can I maintain my great ratio, which is a factor in my 800+ credit score, if my amount of credit goes down? Should I try to increase my credit limit on the cards that I use often? Are there any other options? 

What ratio can I go up to without it negatively affecting my credit score? Here's a blog post I wrote that sums up my situation, Credit Card Critical Mass
ADG Blog Header

Attachments

Photos (1)
Original Post

Add Reply

Likes (0)
×
×
×
×