Does a higher amount of credit correlate to a lower score?

Tips and Deals Forums Consumer Credit Improve Credit Does a higher amount of credit correlate to a lower score?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 8 years ago.

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    Anonymous

    I was under the impression that having a higher ratio of “credit available to the current balance” is desirable and would result in a higher score.

    However, I was told by one of my bank’s employees that having more credit available will result in a lower score, no matter what your current balance is. Can someone clarify?

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