I got the idea somewhere that longevity in credit card account holding was good, and that the more accounts that were open, the more it lowered your credit score.
See, that's what I thought, too.
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 got the idea somewhere that longevity in credit card account holding was good, and that the more accounts that were open, the more it lowered your credit score.
See, that's what I thought, too.
I've known Joan was into women for ages, but this is the first I've heard about Carmen Electra switching teams. The straight boys will be pleased.
I've also heard that there's a positive correlation between the amount of credit you don't use and your credit score. So high limits are good if you don't use them.
I got the idea somewhere that longevity in credit card account holding was good, and that the more accounts that were open, the more it lowered your credit score. I could be wrong. Like aurelia said, conceptual money is confusing.
I have this idea also. But no hard evidence to back it up.
I keep wanting to post advice about credit strategy in the face of a potential mortgage application, but then I keep remembering that I'd totally be talking out of my ass.
I am sorry. I am probably all wrong. I thought it was what had been told tome, but it is not as if I actually read a book or anything.
I never knew longevity mattered - seems silly when switching is sometimes the only way to lower an APR.
Improving your credit score: [link]
My sole fight with my mother this weekend came about when she was reminiscing about when I was 16 and "such a handful."
Mine has yet to let go of the time I hid in a department store. I was three.
I thought everybody knew Joan was gay. Also into the kinky sex (the x-rated version of her song "Fetish" is pretty specific). Since Carmen was also with Dave Navarro, I gotta figure she's a little bent.
I never knew longevity mattered - seems silly when switching is sometimes the only way to lower an APR.
I assume this is one of the many ways that the credit card companies git ya.
I am sorry. I am probably all wrong. I thought it was what had been told tome, but it is not as if I actually read a book or anything.
Oh, I'm no authority on the matter. I wonder if there are trends and fads in financial reporting that cause us to retain this kind of contradictory advice.