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<insert witty title here>
Join Date: Nov 2004
Location: Hamilton, Ont.
Posts: 7,000
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Mark is absolutely right. It's a commonly-held misbelief that high credit limits with low balance help your credit. That's not necessarily the case. A lender can look at a combined limit of say, $40K and say, well, tomorrow this person could go out and max out all of these credit cards. So that 40K credit limit just became a liability against you.
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Current: 1987 911 cabrio
Past: 1972 911t 3.0, 1986 911, 1983 944, 1999 Boxster
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