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ldsoderb

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Should I call and lower my available credit?
I have a large amount of availalbe credit but zero debt. I have a "C" rating because of it. Should I call my creditors and ask them to lower my available credit?

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if you don't use it you'll lose it. compaies will close your accounts after so long of inactiity... this will kill your score. keep your utilization below 20%. you can lower your limits but I wouldn't recommend it. 

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NO Closing them will lower your score.

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When you need that credit you will want it there.  

To raise that "C" to an "A" start using that credit. 

If you have multiple cards, start using one card a month for things your are paying cash for now. Groceries, Gas etc., paying it off every month. Doesn't need to be a lot, just show some activity.

I have older cards that I got for the 0% promo that has now expired.  I put a recurring monthly charge on them,  my Netflix,  Electric Bill, Monthly Donation to PBS etc. and pay it off every month.  Something that I will be paying anyway, and put the cards away not using them for anything else but keeping them open in case of an emergency.  

Remember that the score is a rating of "How well you manage your credit"  So not using it doesn't show good management. 

Good Luck 

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