Frequent Contributor
blondy250
Posts: 452
Registered: ‎01-03-2013
Re: Is there any drawbacks to apply for as many credit cards as you can while young?
Yeah, generally aaoa is important, but just applying for credit to have it is not such a great idea. First they'll probably be what are considered sub prime card, and you'll probably get denied after your second or third app anyway but still get all those HP's. Of course this is all dependent, what's your brothers FICO and income?

MyFico 4/18/14
Experian-820, Equifax-834, Transunion (Discover)--850-- 7/6/14
Aaoa-9yrs, Oldest-14yrs
1 inquiry equifax 04 Chase mortgage
"Because your FICO® score is exceptionally high, there are no actionable negative factors present with your score".