Valued Contributor
Posts: 2,300
Registered: ‎07-23-2012
Re: Our Forums' FICO High Achievers: Who has at least one FICO Score of 760 or above?

LilyBee wrote:

Thank you, Creditnocash.  I never read the fine print on credit scoring.  Good example and info.


That teaches me (and everyone else)  to never apply for another credit card if we wish to maintain a high credit score.



your welcome. 

i wasn't saying never apply but most people only and (should only apply) when credit is needed not just when they want a bunch of cards. 


amex is the only company that backdates so it wont hurt your credit if you open another card with them. just takes the inq. 


if you have 15 cards with 10 yr history obviously 1-3 cards isnt going to hurt you that much. 

with that 4 new cards drops your aaoa from 10 years to 7.9 years. 

generally most high achievers have 5+ years according to myFico. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9

2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000