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re: Will canceling an Amex card hurt my credit?

Posted on 2/5/13 at 11:43 am to
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26590 posts
Posted on 2/5/13 at 11:43 am to
This thread just shows how overly complex and silly credit scores are (at a certain point).
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 2/5/13 at 11:47 am to
quote:


This thread just shows how overly complex and silly credit scores are (at a certain point).


The gist of the score is to determine how risky you are to give credit to. It doesn't have to be complex. The basic premise is to not open and close a bunch of different lines of credit and to pay your bills on time, in full, each month.
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