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Buh Bye Household and orchard!

Discussion in 'Credit Talk' started by sam, Aug 27, 2001.

  1. Aug 27, 2001 #1
    sam

    sam Well-Known Member

    Bam Orchard closed 4 months $500 limit
    Bam Household 1 months $1000 limit

    Next up:

    Target and Aria.com
     
  3. Aug 27, 2001 #2
    sam

    sam Well-Known Member

    1 Month old Cap 1 $700 - buh bye cap 1
    3 Month old Target $300 limit - Buh bye.

    I'm tempted to nail aria.com too today. Maybe i should stop while im on a roll.
     
  4. Aug 27, 2001 #3
    jmart

    jmart Well-Known Member

    Don't you need to age the accounts for at least 6 months to get the maximum score benefit?

    jmart
     
  5. Aug 27, 2001 #4
    sam

    sam Well-Known Member

    they drag down my score because i have too many accounts. And too many new accounts drags down the score.

    Plus they are a hassle and if you are not going to use the cards (which i'm not) then whats the point??
     
  6. Aug 27, 2001 #5
    leo728

    leo728 Well-Known Member

    I think so too sam. Ain't it nice to have a new citi account. lol.


    You'll hurt a little in the short term, but in the long run it will prove to be the right decision to close those sub-prime accounts.
     
  7. Aug 27, 2001 #6
    Saar

    Saar Banned

    Unless they're your oldest tradeline, give'em the axe.


    Saar
     

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