What raises a red flag?

[TekkenQQ7]

recently I was approved for few new cards and I am wondering if that a reason to raise a red flag? 

[Anonymous]

Maybe, maybe not. For people with a long, thick history and low utilization it generally isn't an issue. For people with new, thin files and/or high util it can be a problem.

[TekkenQQ7]

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@Anonymous wrote:

Maybe, maybe not. For people with a long, thick history and low utilization it generally isn't an issue. For people with new, thin files and/or high util it can be a problem.

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I am talking here about 17 new accounts in a period of 7 months util 17% and 5 years history

[elim]

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@TekkenQQ7 wrote:

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@Anonymous wrote:

Maybe, maybe not. For people with a long, thick history and low utilization it generally isn't an issue. For people with new, thin files and/or high util it can be a problem.

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I am talking here about 17 new accounts in a period of 7 months util 17% 

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   consider the red flag raised.  just keep your bills paid and get your UTIL down and lay low for 6 months and probably be just fine. 

[Anonymous]

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@elim wrote:

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@TekkenQQ7 wrote:

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@Anonymous wrote:

Maybe, maybe not. For people with a long, thick history and low utilization it generally isn't an issue. For people with new, thin files and/or high util it can be a problem.

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I am talking here about 17 new accounts in a period of 7 months util 17% 

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   consider the red flag raised.  just keep your bills paid and get your UTIL down and lay low for 6 months and probably be just fine. 

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+1

[TekkenQQ7]

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@elim wrote:

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@TekkenQQ7 wrote:

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@Anonymous wrote:

Maybe, maybe not. For people with a long, thick history and low utilization it generally isn't an issue. For people with new, thin files and/or high util it can be a problem.

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I am talking here about 17 new accounts in a period of 7 months util 17% 

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   consider the red flag raised.  just keep your bills paid and get your UTIL down and lay low for 6 months and probably be just fine. 

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Trying to milk the cow to the last drop

[ddemari]

try your best to lay low, i have a problem flying under the radar with new accounts but try to get your utilization down a little to like 12% and dont accept b/t offers that will put your card over 50 percent utilization, especially if any of the cards are bank of america, as they are pushers who then review your acount every month and become taker awayers lol. 

[creditguy]

Wow 17 new accounts in 7 months, that not only raised a red flag but probably sounded some bells and whistles too. Just curious how many of those new accounts are store cards?

[Anonymous]

Put that cow in the garden and let it graze for a little bit. You'll get much more milk with a little patience.

[Anonymous]

Few=17?  Must be the new math