Tuesday, August 16, 2005

What To Get Rid Of..? The Older Ones or The Newer Ones...

Well in life, it may be a good idea to get rid of the old and used things to be replaced by newer and better ones.

But in this game of building a good credit score or repairing your credit score to bring it to life, it's always better to stick with the old.

According to the Mortgage Professor :"Age of Cards: The genie likes old credit cards much more than new ones. The card you have been using for 15 years is evidence of your financial stability, whereas the card you took out last week could mean you are in trouble. If you took out three cards last week, it could be big trouble."
Johncy Edward
Age Of Credit Cards


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