Would it help to pay it down to 30% or less (I'm considering the C/D ratio) if I have the money lying around? The notice I received from the credit card company said it was because I had "too many new cards" (I did get a new one in April but that was for airline points and I am using it judiciously) and a history of delinquent (accounts? payment? it's not in front of me), which I need to clarify/dispute since I've checked my annual credit report often. Several years ago I did have delinquent medical bills <$500, 5 or 6 small ones, but I did eventually get everybody paid.
In fact I've been working on my finances mindfully for several years now and they've improved a lot, including my score.
Question: Should I pay it down to make the D/C ratio look a little better or will
they just lower it again?
In fact I've been working on my finances mindfully for several years now and they've improved a lot, including my score.
Question: Should I pay it down to make the D/C ratio look a little better or will
they just lower it again?
