Formula for the perfect CR

Anonymous · ‎09-01-2009

What is the optimum number of CCs a person should carry for the best score? ( under 9% util of course)

Also is there any difference in scoring from Citi versus Amex? TIA

Anonymous · ‎09-01-2009

IMO everyone should have at least 3 CCs. No scoring difference in Citi & Amex.

jackg · ‎09-01-2009

"Also is there any difference in scoring from Citi versus Amex? TIA"

If you are thinking that one creditor is weighted more than another the answer is no.

TIA?

FICO scores on November 17, 2014 (prior to applying for and being approved my mortgage)

EX=738
EQ=735
TU=754

FICO scores on March 4, 2015 after being approved for mortgage and buying the home, the mortgage isn't yet reporting.
EX- 689 EQ- 739 TU- 739

Anonymous · ‎09-01-2009

TIA = Thanks in advance.

fused · ‎09-01-2009

Just another tidbit on this topic. Major CCs: Amex, BoA, FIA, CITI, Chase, Discover will give you a few more FICO points than the smaller bank or credit union cards will. Its not a lot of points, but some points.