this post was submitted on 23 Oct 2023
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[–] Dkarma@lemmy.world -1 points 1 year ago (1 children)

Carrying more debt (with the ability to pay it ) does in fact raise your score.

[–] lazycouchpotato@lemmy.world 1 points 1 year ago (1 children)

Are you confusing debt with credit line/limit, or am I misunderstanding your comment?

If you are referring to debt, could you provide me with a source for your claim?

I linked to myfico.com in my previous comment which is run by FICO - the company behind the FICO score. I think they would know a thing or two about what affects your credit score.

[–] Dkarma@lemmy.world 1 points 1 year ago

read your credit report for proof