The Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 5 months agoThe numbers will determine your fatelemmy.worldimagemessage-square294fedilinkarrow-up11.74Karrow-down128
arrow-up11.71Karrow-down1imageThe numbers will determine your fatelemmy.worldThe Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 5 months agomessage-square294fedilink
minus-squareQueen HawlSeralinkfedilinkEnglisharrow-up9·5 months agoWhy would that cause your score to go down!?
minus-squarediannetea@lemmy.worldlinkfedilinkEnglisharrow-up33·5 months agoBecause credit is partially based on the age of your accounts, so if you’ve only got a few accounts and you close an older one (such as a car loan) it reduces the average age of your accounts and can hurt your score. It’s stupid
minus-squareTankovayaDiviziya@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·5 months agoThis score system and being able to access resources sounds like dating apps.
Why would that cause your score to go down!?
Because credit is partially based on the age of your accounts, so if you’ve only got a few accounts and you close an older one (such as a car loan) it reduces the average age of your accounts and can hurt your score.
It’s stupid
This score system and being able to access resources sounds like dating apps.
dumb as phuk