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Old 04-25-2004, 12:07 PM   #22 (permalink)
Beefimator
Tilted
 
Location: Philly 'Burbs
Quote:
Originally posted by 90degree
well.... Open accounts are good. Open accounts with balances close to the max are not.
Just a quick question about that. I own a small buisness, and the credit card that I use is an American Express Gold card with no limit. I was just told that cards with no limit will hurt your score. I guess my question is, why isn't that taken into account? Assuming that what I heard was true.
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