pappie23 wrote:
You say you should open a herd of new CCs so you can get a bump to your score, will that actually work? And if so how many new CCs should you open fpr that year?
Wait, where did you get that? Not from this thread, I don't think...
eta: Ah, I see. llecs, tsk tsk!Opening new accounts in a judicious manner can help your credit profile. But you need to know what the gaps and weaknesses are in your credit, so that you know what will be useful.
If you haven't already, please read these:
Credit Scoring 101 (at any rate, the first post)
Understanding Your FICO Score (pdf booklet)
After you read these, please feel free to post back with a summary of your present credit, the good, the bad, and the ugly, and we might be able to give you some ideas for your next moves.
Pappie23, llecs had his tongue firmly planted in his cheek when he wrote that post. He was trying to be funny. Notice, I say trying...J/K llecs--love ya man.
llecs wrote:
I love 1 yr account anniversaries. Maybe I should open a herd of new CCs so I can have a bump this time next year too.
Starting Score: 469
ByrdMan wrote:Pappie23, llecs had his tongue firmly planted in his cheek when he wrote that post. He was trying to be funny. Notice, I say trying...J/K llecs--love ya man.
llecs wrote:
I love 1 yr account anniversaries. Maybe I should open a herd of new CCs so I can have a bump this time next year too.
Ahhh....I feel the love!