@llecs wrote:
Assuming you didn't start with just one or two cards, I don't think adding more cards will help. If I am wrong, let me know (let's say 20 points above your break even mark).
I read here or elsewhere a post by a woman who had scores into the 800's (810+). She only had 2 CCs. One was a revolving CC and the other a Target card. I think her CL for Target was $200 and the revolving $500. Her post totally debunked my thought process then. I thought you had to have several cards and I thought you had to have higher limits. But in her case she was in her 60s, carried a long mortgage, and had those CCs for quite some time.
She's one of those classic, old-school High Achievers! That's how it used to work, before CC's started issuing rewards for umpty-diddle different types of purchases, and people started using them much, much more.
pizza, congrats, but I'm still convinced that your mug shot is on the walls of every break room in every bank and card issuer in the nation!
So, pizza, you had scores in the 800s and you decided to muck with that because....??
That's the part I really don't get. Or were you just bored?
That's the part I really don't get. Or were you just bored?
@MidnightVoice wrote:Remind me - what was the object of this exercise?
I exhausted all options to further increase scores. My theory was that I was no longer improving because my credit went static. I chanced it by deleting/removing(not closing) some accounts and replacing them with new ones. This was the new bucket. My other theory was if you know an action was positive and FICO punished you severely for it maybe they are trying to scare you off from doing it. (but then again it might just be negative too) Well I got a bit scared because my punishment lasted many months. The rest I am doing on feel as payment activity goes. I am playing around using the new credit in ways I normally would not to keep my actions from being consistent. I don't want to look like I have my credit habits fixed yet. This was my theory anyway. I also have some errors reporting which could be lowering my scores too. But so far it does look like I have more points to gain only because I have more to change. Where as before I completely ran out of options except for age. Therefore my score was capped. I didn't want to tell people to do this because during the process maybe up to a year a persons credit will look pretty bad and almost certainly results in only denials, credit limit decreases and rate hikes. But the long term result might be promising. I'm only looking for a few more points so most people would laugh at all the effort I put in for the result. But it turned in to a personal challenge not credit for me. It just takes so long to know if something works. This will answer a question I had for many years. What If I Did This..? Now I will know. I am only at break even, but I am not done so I think there is more room to improve in this new situation.
watchnerd wrote:
pizza, what is your control case?
In any long experiment, you need to compare the test case on which the variables are acting against one on which they are not. Think of medical trials with real vs placebo groupings.
Ideally it should be blinded as well - that is the gold standard clinical trial 
