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Super Contributor
MidnightVoice
Posts: 8,161
Registered: ‎03-25-2007
0

Closing CCs - comments from Chase

I had a great chat with a Chase-United CC rep today
 
One interesting story she related - she and DH applied for a mortgage and were told they had too many old CCs (unused) available to them.  She then closed a bunch, and her score dropped - NOT due to utilzation!  Mortgage rep said he had seen it before, when more than 2 cards were closed in 6 months.  He said she should have closed two and dropped the CL on some of the unused cards.
 
So not even Chase CC reps know all the tweaks to FICO.
 
:smileyvery-happy:
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Valued Contributor
Boswd
Posts: 1,065
Registered: ‎04-26-2007
0

Re: Closing CCs - comments from Chase

That's actually pretty funny
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Closing CCs - comments from Chase

lol
 
 

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