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| - quote - > From my personal experience, new credit cards only caused a temporary
my borrowing % went down. I have the same $ outstanding on credit cardsdrop and in the long run, increase in my credit score. My theory is that but a much higher limit after a new card. On Mon, 2005-06-27 at 15:54 -0600, Scott wrote: - quote - > If someone has a high credit score and they add a new credit card with a > $13,000 credit limit. They never carry a balance with the new card. Will > this extra available credit negatively impact their credit score? > Thanks! > Scott |
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| In article <42C0612B.7805357A[at]uslink.net> , Scott <golden[at]uslink.netwrote: - quote - > If someone has a high credit score and they add a new credit card with a
It will lower thier score a bit, but when someone has a high> $13,000 credit limit. They never carry a balance with the new card. Will > this extra available credit negatively impact their credit score? credit score, you can likely lower them 50 to 100 points before it makes any difference at all. -john- -- ================================================== ==================== John A. Weeks III 952-432-2708 john[at]johnweeks.com Newave Communications http://www.johnweeks.com ================================================== ==================== |
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| If someone has a high credit score and they add a new credit card with a $13,000 credit limit. They never carry a balance with the new card. Will this extra available credit negatively impact their credit score? Thanks! Scott |
| Tags |
| credit, question, score |
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