View Single Post
Old 03-23-2007   #10 (permalink)
quinda
Junior Member
 
Join Date: Mar 2007
Posts: 10
Rep Power: 0 quinda is on a distinguished road
Default

My understanding of the way credit scoring works is that they consider how well the accounts are ran (so a couple of cards, all paid on time, is a good thing) but they also look at your total available balance versus your annual income - so if you have a ton of cards available to you, and the total debt you could run up was double your annual income, then that would go against you, even if you weren't using the cards at the moment.
quinda is offline   Reply With Quote