<prompt> Human: So Ive heard a few different things, maybe there are some loan people out there that can help. Does available credit count towards your debt to income ratio? When I bought my wifes engagement ring in 2013 I financed it and was given a credit card that pretty much is useless to me now. It had a 6000 dollar limit, and since paying off the ring Ive not touched it. So now that Im trying to get a loan, my question is, does that line of credit hurting me by bumping up my debtincome? Ive wanted to cancel it a lot of times, but my wife says it hurts your credit to close lines of credit. That makes no fucking sense to me, but if true, is there no way around it?  <response>: Debt is credit youve used. Open credit that isnt used will lower your credit utilization, and not affect debt to income ratio, which will improve your credit score and thus raise your chances at a better interest rate. 