Firefly the complete series for under 5 bux
POSTED BY: melcrose
UPDATED: Sunday, December 4, 2005 02:26
VIEWED: 3595
PAGE 2 of 2
That is true. I just didn't think that many people would go close their long standing accounts instead of their newer or unused ones. My fault for not factoring in stupidity/ignorance ;)
I was suggesting that if you have 6+ credit lines open, but only ever use 1-2 of them, then you should close the others (unused) b/c you will get a higher rate or not get approved for having too many lines of open credit. However, if you use all your lines frequently and keep them paid up, then ofcourse it's going to help more than hurt.
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