I saw an earlier post about retail balances be included in ratios but it seemed to get overlooked. I think these limits are included with ratios because these accounts are revolving and when I looked at my merged report it appears they are counted. If I am wrong I am sure someone will correct me??
RE: Retail limits included I think you're right, but I'm not totally sure either. People often overlook their retail accounts because the limits are usually fairly small. But for those with high limits from Nordstrom, Macy's, Spiegel, etc., the issue becomes an important one.
RE: Jim retail limits included I am SURE they are included! Why? Because I had closed all of my retail accounts several years ago but they still showed OPEN on my credit reports, which gave me a lower ratio, and a high FICO score. I recently cleaned up all the reports and now they all show as closed. This made my ratio go much higher and my score DROPPED. So they do count in the total ratio scoring amount. Judy
