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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You answered your own question.  Debt ratio is debt ratio.  Lower your debt:  There is no trick.[/quote]

Well, the other half of debt ratio is the credit limit.  Raising this by definition lowers your debt / credit utilization ratio.  May be good for a few points pop after a couple months.[/quote]

Be careful about this.  You may raise your credit score, but decrease the amount that lenders are willing to lend you.  Lenders take your total credit limit into account when determining how much they will lend you.  Many have a limit of some percentage above your income that they are willing to lend you and the more credit you have, whether in the form of credit card limits, HELOCs, car loans, appliance loans, etc the less they will lend you.  If you are trying to lower your credit score to sell here and move somewhere else where you will need a mortgage, the general rule is that you want to lower the amount of total credit that you have rather than increasing it.[/quote]

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