OT: questions about cr_edit limit....and it affecting - Saab General Bulletin Board - Saabnet.com
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OT: questions about cr_edit limit....and it affecting
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Posted by bender [Email] (#268) [Profile/Gallery] (more from bender) on Fri, 26 Nov 2010 09:10:26 Share Post by Email
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your cr_edit score. As some of you may remember, I posted about a cr_edit card for getting travel reward points. They told me I am eligible for 18k. I said, sure but then the fella called me and told me it was actually in my interest to sign up for less of a credit limit if I'm not going to be using that much since it will affect my cr_edit score. This in turn will make it more difficult for me to borrow money down the road.

I did a couple of google searches, and I read that it is actually the other way around? Anyone know how cr_edit score is calculated and if this is in fact accurate?

Thanks Saabers. Bender

_______________________________________
bender

2001 9-3 Viggen Laser Red 5 door 44k miles
2000 9-3 SE Midnight Blue 5 door (Sold)
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