Originally Posted by
Jay103
Hi, Citi noob here. I tried searching through the thread, but it's really long, so my apologies if this is a FAQ.
How is this not killing your credit score? Either through a lot of hard pulls, or through having a lot of very short-term accounts that pull down your average open length? Do you just not apply for anything else? (or does closing a card take it off the average time computation? Hmm, that would explain it)
Thanks in advance.
I'm not sure of the exact ins and out of credit scores but I'm 45 and have never had a late payment or bounced check in my life. I pay every bill I get in full the day it arrives. I paid off a 15 year mortgage in 2 years. I have 0% car loan that I let run as it helps scores.
When I get any CC the first thing I do is lower the CL to $5K
My FICO today is around 800
I have never even had to go to reconsideration and move credit around as of yet