@Anonymous wrote:
Glad to see things worked out for you!
I've always been of the opinion that the end result (mid-long term) of a mini "spree" over opening accounts slowly is usually the same. Major sprees are different, but for mini say 3-account sprees I don't really see the point in stressing over it either way.
Say someone wants to open 3 cards. Whether they open them all on Jan 1st or they open one on Jan 1st, March 1st and May 1st ultimately won't matter. Come the fall, regardless of which method they took their AAoA will be basically the same, the inquiries will have already lost their sting and their "new accounts" won't be dinging them any longer. Assuming otherwise healthy credit behavior, either individual in this example would likely have scores equal to or greater than what they had when they added the new accounts within 6 months of adding them. I think often we get too hung up on the short term when the bigger picture is often better considered.
Well, BBS, you were right on the money here!!! And your insight has truly allowed me to go into the garden with three cards so that I can maximize my fico score at the same time. Also, the three cards will age together. I will keep this strategy in mind for any apps in the future as well. Again, thanks for your insight.
I also, I forgot to mention, you were right in your first post earlier this month, my AAOA hardly changed at all.
So, thanks again.
I'm hoping I can eventually get AMEX and Chase Marriott. But due to BK7 and shorsale of home with Chase, I think I may have to wait awhile. But, who knows, I might just give them in a try in a year or so just for the heck of it! 