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Discussion in 'Credit Talk' started by old timer, Mar 10, 2001.
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Rumor has it anyone 50+ is a safer bet for creditors because of the established credit history and those over 50 are deemed (by the credit card companies) more responsible. When applying for credit several items are taken into account - income, previous credit standing, inquiries, etc. These factors also contribute to your score decreasing and increasing. Hope this helps.