3 ms·
Fico scoring or vantage scoring models account for total available credit, as well and a utilization percentage. So you lender closing your account could lower
by gpapilion 5y ago
Fico scoring or vantage scoring models account for total available credit, as well and a utilization percentage.
So you lender closing your account could lower you credit because of either or these reasons. Oddly sometimes opening an account can raise your score for the same reason.