@Anonymous wrote:Interesting, so the "letting 1 card report" recommendation that so many make doesn't seem to matter for you as you've let multiple cards report with no loss of points for doing so.
The "1 account" recommendation is made because it fits for all profiles. I.e., whether you have 3 revolving accounts, or 30, having 1 report a balance will optimize your score in terms of revolving capacity utilization.
If you have 30 cards, there may be no difference between having 1 report and 10 report.
But if you have 3 cards total, there likely will be a difference between having 1 report and 2.
If I'm reading your data right, there's been no drops at all from 1 to 8 cards of 10 reporting a balance on TU08?
@masscredit wrote:I'm glad that I'm doing this. It shows me that I can use my cards and let them report modest balances without losing many (any) points.
I wait a few days after the accounts close then confirm that the new balances are on my reports. My EQ08 updates here (Score Watch) and I check my TU08 score before I new updates.
Two things that I believe are helping to keep my scores up are the number of cards and total utilization is low. The highest that will be is about 6%.
Where are you getting your TU score from?
