@Open123 wrote:
@kdm31091 wrote:
Lol ability to achieve a higher CLI than others? Standing in the credit world?
This isnt a contest. You want to use your cards responsibly and show you can manage credit. I dont really care about one upping anyone because this isnt a game. If you're basing worth on who gets a better CLI, thats honestly sad
We’re in a CC enthusiast’s forum.
As such, from this micro perspective, we all here have one thing in common—credit. Naturally, we all differ on how to best utilize, maintain, and on the “best practices” to reach a certain goal. However, with all these differences, everyone shares a common pursuit. It is either one or all of the following: (1) maximize Fico score; (2) maximize (or keep level) CLs; (3) maximize rewards; (4) minimize the cost for borrowing money; and, (5) share and benefit from other’s ideas and strategies.
While I can’t speak for Monoglot, I don’t think he believes having higher CLs improves one’s standing in the “game” of life or “game” of self-respect, but rather it does in the credit world, one that this entire forum has been dedicated to. You assert it’s not a game (this cliché reminds me of the “don’t apply for credit until you need it” generality), but that’s just debating semantics. Of course, it’s a game. Finance is a game, or whatever word (environment, arena, sector) you prefer to use. The only difference between this game and others (Wow or Monopoly) is that we use “real” money to keep score.
In my view, the ONLY things in life that aren’t a game are our family and close friends.
From purely a credit perspective, so long as it’s well thought out, I see nothing wrong with a person who wishes to maximize CLs just for the heck of it. Is this really that different form a person who just wants an 800 score for posterity’s sake; or a person wears a badge of honor on not having applied since the Dinosaurs roamed the Earth; or, one who simply wants to app and churn for free stuff; or, for someone like yourself, a minimalist who feels his current card portfolio/lineup is perfectly in set and inplace until we land the first man on the Sun?
While I understand the OP’s question, the answer is there is “NOTHING” to understand. The underlying aspiration of improving one’s credit is to use it for whatever reason an individual deems fitting. If that reason is because a person simply likes to see big numbers (not unlike those who like to see 800, no HPs on CRAs, or big numbers in a bank/investment account, etc…) when logging in, then that’s reason enough, in my view.
While it’s interesting and makes for a better forum to share the different reasons and perspectives on why we make certain credit decisions, I hope everyone here will remember that whatever you choose to do, you don’t need to justify or explain yourself to anyone, least of all anyone on the net.
