When you have high ratios on multiple loans it will affect the overall debt to credit limit ratios. What this means is that the credit bureaus not only checks the debt to credit limit ratio on each account you have but also on all accounts overall, jointly. They add up all the balances together and all the credit limits together and takes the ratio of these. If the ratio is high, it shows you are a high-risk consumer and down come your credit scores. It is important to keep all your ratios as low as possible to increase your credit scores.

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