The Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 2 years agoThe numbers will determine your fatelemmy.worldimagemessage-square293fedilinkarrow-up11.75K
arrow-up11.75KimageThe numbers will determine your fatelemmy.worldThe Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 2 years agomessage-square293fedilink
minus-squareQueen HawlSera@lemm.eelinkfedilinkEnglisharrow-up9·2 years agoWhy would that cause your score to go down!?
minus-squarediannetea@lemmy.worldlinkfedilinkEnglisharrow-up33·2 years 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-up6·2 years 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