In most cases, No! Closing revolving lines of credit typically does the opposite. When you close revolving credit lines, you are reducing the available credit percentage from your profile.
Revolving credit pay history, average age of revolving credit, and utilization percentages are responsible for 30% or more of your credit scores.
There are currently 28 versions of the FICO score. There are 10 for Experian, and 9 each for Equifax and Transunion.
Read Full ArticleMany will ask me to forecast or predict the outcome of their service, or the credit score they might expect. I never make predictions as to outcomes or scores because that would infer that I know the proprietary algorithm of “FICO”.
Read Full ArticleCredit repair results are not the same for all persons. There is not a way to set a standard time or result outcome for any clients’ service outcome.
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