Anyone know a lot about credit ratings? I cut up my Best Buy card after I transferred the balance, but last night my friend told me that it would be better for me to keep the account open, even if I never use it, because it would be better for my credit. I thought that having lot of store cards might be a bad mark. Which would be better?
Natter 32 Flavors and Then Some
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
I've heard it's bettter to close them to prevent fraud. Of course, I never actually follow this advice myself.
The way I understand it, they look at good payment records and also a formula of available credit to income/equity to get credit ratings.
If you didn;t call and cancel the card with the store, it will still show as available credit on a report.
If you didn;t call and cancel the card with the store, it will still show as available credit on a report.
So that is good? Or bad? (I don't even know why I'm so concerned, because it's not like I'm going to be buying a house or anything anytime soon. I did get a good car loan that the dealer didn't expect me to be able to get so young, though.)
Nap! Nap! Nap!
I'm going to see Jon Stewart tonight.
t smug
Jealous of Kristin
KRISTIN.
You pixie wench.
So you'll be in tonight's TDS audience, and we should listen for you?
I saw Jon Stewart do a standup gig about seven years ago at some small college about an hour from Chicago. He kept on asking questions about the college that people in the audience didn't know. He didn't realize that most everyone in the audience was not from the college but had driven in from Chicago.
I don't remember much of the show. There was a guy who during the Q&A told Jon that Jon's show (whatever it was at the time) had changed his life. Jon got all embarrased....
I'm going to see Jon Stewart tonight.
t faints from envy