All Forum Posts by: Anthony Gayden

@Anthony Gayden On the credit card topic, do some more research on what affects credit scores and see if you come away with a different understanding. Opening new accounts is generally a slight downward blip (from the credit pull) and then negligible impact in the long run (goes right back up). It can actually increase your credit score from A) a better utilization ratio (how much is on your cards at any one time divided by total credit available) B) more active credit/loan accounts is actually favored as long as they are in good standing, as counter-intuitive as that may seem.