Originally Posted by
heta
Does this mean your credit report shows 90 accounts some open and some closed??? That's a very long list of accounts showing in the report. I'm sure this wouldn't be a problem for you, but for others, i.e., younger people who will need to get mortgage in few years, does having cluttered (too many closed accounts) report affect the loan decision negatively? This is the reason I only go for the big bonuses and of course, always pay in full. I hope I'm wrong, though.
btw, thank you for your amazing website!
Many of them are closed now but I still have probably 15 open. I only go for big bonuses as well. As far as clutter, it does not seem to impact my ability to generate more card approvals. From my past experience in mortgage banking (although 15 years ago) I never considered closed by the borrower "paid as agreed" accounts a negative when underwriting a home loan. But again, that was 15 years ago. It is almost all computer scored now.