What's surprising is that one - third of the business owners that attempt to renew existing lines of credit are rejected. (insuranceandestates.com)
Closing existing lines of credit, such as credit card accounts, can raise your debt utilization ratio and also eliminate years of good payment history. (stockmonkeys.com)
And there's no «grandfather» clause to help people with existing lines of credit: The crackdown applies to old loans as well a... (kiplinger.com)