Re: 9 accounts in my credit report
11-10-2012 06:21 PM
Wouldn't it look bad to creditor if i have 7 credit card instead of 5 or 4 cards with higher limit and reward?
Take a look at the infographic mentioned in http://ficoforums.myfico.com/t5/myFICO-Blog/What-s
One trait of high FICO scorers is that they have 7 credit card accounts.
I had 4, apped for 4 more and noticed an increase in my score. Additionally, for the cards you keep, try to get high CLs which will decrease your overall utilization.
11/02/2012 Peak - EQ 790 (ScoreWatch FICO)
11/01/2013 Current - EQ 769 (ScoreWatch FICO)
GOAL - 800! - App free since 12/07/2013