Yeah, I was wondering, because I heard two different things from two different people.
One person said it is good to have lower maximums because that shows that you have less *potential* to go into high debt (thereby being less attractive to lenders).
Another person told me that you want your balance to be as far away as possible from the max.
I suppose the above two are not mutually exclusive. For example, you could have a very low min. (i.e. $2500) and no balance... I'm just wondering where the happy medium is. I currently have about 14K in CC debt that I'm chipping away at aggressively. The max is currently set to 17K, and I'm wondering if I should just stay put.
Thanks for the input!
ea1776
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