with 1 new positive credit card reporting?? Nothing else changed except a new open account with ZERO balance.. perhaps I am getting to the point where I am 'overextended'?? What does this term mean anyway? I recall getting this in the past back in my credit ignorance days when I applied for new CC's whenever I felt like it..
I believe that there is a reason code: Time since most recent account opened too short. (or something like that) If they have a code, it can take off points.
I got it all the time... You owe like $10,000...you only make $20,000/year...THEY DECIDE YOUR OVER-EXTENDED...(they don't know your WIFE also has income and pays the bills too)... Or they DON'T care that 100% of the bill is business related and will be paid by your company at the end of the month!!! THEY DON'T CARE, THEY GET TO DECIDE!!!
oic.. okay, that makes sense. Perhaps I have reached my threshold of new accounts. I have had 6 new credit card tradelines appear in the past 60 days.. it has finally hit and droped my score down 3 points.
...or you H/H income is $100,000+ and all you want is your AMEX BLUE increased by $4,500 to make it an even $20,000 JUST BECAUSE~~~but AMEX "INFERS" your OVER-EXTENDED...
This is only the case if you are GEORGE.... ...Everyone else more credit lines... more perks.. more everything!
