Often I read on here all these moves to better one's credit score and increase one's available line of credit.
I figured that I would point out there is such a thing as "to much available credit."
I am not talking about the current amount owed on cards, I am simply saying "to many cards" (or lines of credit.)
Basically it revolves around the concern:
X has a nice ratio for balance/available_credit and pays regularly - BUT the ratio ability_to_pay/available_credit is not acceptable.
The consequences of having to much credit available is:
-- Hard to get lower interest rate lines of credit
-- They will just flat out say NO, your income cannot afford all this credit
-- They will give you a line of credit, but a much smaller amount.



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