@Anonymous wrote:
@SouthJamaica wrote:
@Anonymous wrote:
@SouthJamaica wrote:IMHO if you care about your credit scores, it's not a good idea to get a card just for the signup bonus and promo interest rate. There are so many cards out there, it makes more sense to get a card you will keep.
I don't know where this comes from seeing as though I've added 15 cards in the past 24 months and still hovering around 800's across the board.
That's pretty good, considering the hits you took with hard pulls, lowered average age of accounts, and resets on your youngest accounts.
Yeah, seems another FICO myth that people tend to believe. I suppose when you have a thinner file it's more impactful but, my oldest account is 12.5 years and AA is 5.5 even with all of those adds. Specifically the last 6 months I have added 7 new accounts (5 of which in the past 60 days) to the mix to the tune of ~110K. Total over the last 2 years is 300K+ for those 15 accounts. Total accounts is sitting at 22 and 500K+ at this point. I really didn't start adding a ton of activity until about 2 years ago when I decided to make my credit work for me in the form of SUB's and not work for my credit.
Your bold and fearless approach is refreshing. I am way too timid to pursue it. Financial institutions scare me.
“ … Financial institutions scare me.”
Say W H A T ?!
LOL
That’s funny to hear from someone with so many multiple accounts,
at least a minimum of 18 financial institutions 
and $683,300 in lines of credit! 
Certainly there is more to the story?
AMEX
Bank of America
Chase Bank
Citibank
Discover Bank
Santander Bank
TD Bank
Alliant CU
Chartway FCU
Digital FCU
Evansville Teachers FCU
Harvard University ECU
Langley FCU
Municipal CU
Navy FCU
PenFed CU
Unify FCU
Vantage West CU
