Detailed text transcripts for TV channel - CNN - 20110510:16:55:00
15%. >> somehow i feel hes saver. frank writes, i have many credit cards with no debt. is my credit score affected by the amount i am able to spend? should i cancel the big cards to reduce my spending, or should i put them in a drawer? answer, ryan? >> well, again, your balance to your lending limit ratio is 35% of your fico score. so it will decrease your fico score. this is the thing. she says she has many credit cards. so if she has a whole lot of credit cards, many even after they cut them...
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