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Claudia
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Joined: 11 Feb 2008
Posts: 39
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 Posted: Sat Apr 26, 2008 4:10 pm Post subject: Closing Credit Accounts and Debt Ratio |
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| i'm wondering if closing credit card accounts hurts you debt ratio. how exactly should we calculate it? |
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DanV8
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Joined: 06 Dec 2007
Posts: 31
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| Posted: Sun Jun 15, 2008 12:10 pm Post subject: |
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| I think it's all over-rated! I've opened a bunch of accounts at one time. Six or seven I think. The score did drop insignificantly for like 20 points may be. Then it came right back in just a month and a half. So I don't think what they say about those newly opened or closed accounts is that scary. |
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