Can someone clarify for the 5/24 rule, is it 5 or more opened accounts within 24 months or is "applied" for 5 or more accounts within the 24 months.
Asking because I have 3 cards and 1 personal loan out, but I've applied for other cards a few months ago, but denied. I'm currently rebuilding now and not applying for anything for the next year probably. Would I still qaulify if I dont get approved for another line of credit?
