[header] How to get rid of credit cards without hurting your credit score [title] Calculate your current utilization rate. [step] Take out all credit card statements and identify the credit limits. Add them together to get your total available credit.
[header] How to get rid of credit cards without hurting your credit score [title] Calculate your current utilization rate. [step] Take out all credit card statements and identify the credit limits. Add them together to get your total available credit.
Then, multiply this number to determine the source of your discrepancy. [substeps] For example, your credit card balance might equal 217. [title] Place a check, money order or other credit card statement in the trash. [step] This will allow you to claim the money without bringing it to collect your credit score. [substeps] Find a " credit limit " statement. Look into the item category for any balances under the credit limit. [substeps] Then go through and add up all balances. Divide the balance amount by the available credit.