Re: # of Accounts - Really help or hurt?
11-07-2012 11:56 AM
Thanks for the exhaustive explanation. On Credit Karma it actually breaks down all of these categories as separate:
# of Accounts
Util of Credit
As well as some other categories that don't map to what you listed.
I assume they group your "new credit" under Avg. Length - they also show the new inquiries which may also map to that.
I see nothing there which maps any factor to the "credit mix" as you put it - although you can see a breakdown of your mix.
My questions was specifically with the "# of Account" that they mention. You don't seem to map that as a category.
My mix an util are both good. My length and new credit is a bit hit right now because I just got a few new cards.
My total accounts however it being rated poorly becaues I *only* have 13.
Would it be better to open a few additional CC now so all my hard pulls are together (as well as my length) so that in another year or so my total accounts are higher?