What’s My Credit Score?

Discussion in 'Blogstand' started by BoardingArea, Mar 30, 2015.  |  Print Topic

  1. BoardingArea

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    There are a lot of misconceptions about how credit scores are calculated. When I explain to people that I have 20+ credit cards open at a given time, the first question I'm usually asked is "doesn't that ruin your credit score?!" The answer is no, and that in many cases it can actually improve your credit score. But it's very difficult for that to "click" with people. So I figured I'd explain in more detail, in part by sharing my own credit score as of last week. As I explained last week, I just applied for five credit cards. As is the norm when you receive your new card, I received a notice containing my credit card and an explanation of my credit. The post What’s My Credit Score? appeared first on One Mile at a Time.

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