@pdxmike wrote:
Why is this person with only one account any riskier six months later to another lender than someone with a secured card and no inquiries?
It's all risk analysis based on numbers and the numbers indicate that credit seeking is risky behavior.
@wacdenney wrote:
It's all a stupid game and dems da rules. They don't have to make sense to you or me. All we have to do is learn them and play by them.
It's definitely not a game. It's big business with a lot of money at stake. What may not make sense to an individual isn't necessarily stupid. If one wants to determine if it's stupid or not then one really needs to do the proper analysis based on hard data versus speculation and anecdotal evidence.
