Originally Posted by primusux

Here's a question I had, maybe this isn't the right thread but I thought I'd give it a shot.

I think I understand the concept of churning CCs. Sign up, keep card until bonus is deposited, cancel card, wait certain amount of time, sign up again, repeat above.

My question is, doesn't this wreak havoc on your credit scores? I guess if you own a home and aren't planning on moving/refinancing/getting a car anytime soon it may not matter, but still. What does this do to your credit score/how do you avoid it getting lowered by constantly getting/canceling cards?

PM me if this isn't something kosher to talk about in the open...
Thanks for any help.