Re: open accounts vs. closed accounts vs. score--why chat anyone

Posted by Why Chat (209.240.198.61) on April 27, 2003 at 20:26:58:

In Reply to: open accounts vs. closed accounts vs. score--why chat anyone posted by miller on April 27, 2003 at 17:03:10:

I don't "hate" score questions, I just am not very familiar with how they can be raised, (or lowered) or in fact -how they figure them out in the first place.

However, both creditnet.com and creditboards.com have a LOT of information in the "facts" sections on the subject, and MANY experts to answer your question.

What I have READ on the subject seems to indicate that older trade lines in good shape help your score the most, and recent bad accounts hurt it the most.

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