11-22-2013 01:28 AM
11-22-2013 05:37 AM - edited 11-22-2013 05:38 AM
If I were to close all my accounts except my Citicards, would that have any bearing on being any easier to obtain more credit with Citibank
As others have pointed out, that's not the only concern you should be thinking of. You may not see the need for credit form others now but things can and do change. Consider the full impact of closing those accounts (impact on utilization, impact on AAoA down the road, impact on number of accounts, etc) as well as the risk of relying on a single creditor.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO