toomuchcredit Posted May 4, 2003 Report Share Posted May 4, 2003 I closed a credit card account with a $10,000 limit. The balance remaining is about $2,700. Does this hurt the score? Is the available credit used to calculate the FICO $10,000 or $0? Link to comment Share on other sites More sharing options...
utman17 Posted May 4, 2003 Report Share Posted May 4, 2003 It is better to not close it and keep a small limit on it and use it every now and then... they do use the available credit to calculate your score.. Link to comment Share on other sites More sharing options...
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