this post was submitted on 15 Feb 2024
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Microblog Memes

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The numbers will determine your fate (lemmy.world)
submitted 10 months ago by [email protected] to c/[email protected]
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[–] [email protected] 7 points 10 months ago (1 children)

This. Average age of active credit accounts went down thus drop. Same thing happened to me

[–] [email protected] 2 points 10 months ago (1 children)

This is part of why getting credit cards early (if you're capable of being responsible with them) is so important. All my oldest credit lines are credit cards (I have 4 of them), so any future loans will be taking my average credit line down instead of up. As a result I'll always have those old credit lines and my score will only go up when I pay things off completely.

[–] [email protected] 1 points 10 months ago

This right here is the way. Just gotta be cautious.