{ "media_type": "text", "post_content": "Can someone help me with this? I had a low utilization since pandemic, I.e., ~sub 5%, but never missed any payments. Would credit score be impacted if only one line of credit with a low utilization? \n\nToo few accounts currently paid as agreed\nFICO® \n\nScores consider the number of accounts that are paid as agreed. Your score was impacted because the number of these accounts is too low, or because you've missed payments recently on some of your accounts.", "post_id": "5fa57fdf0a00af0028b7ac9a", "reply_count": 3, "vote_count": 1, "bowl_id": "5b3f7377ab53db00136f7b4c", "bowl_name": "FIRE Financial Independence Retire Early", "feed_type": "bowl" }

Can someone help me with this? I had a low utilization since pandemic, I.e., ~sub 5%, but never missed any payments. Would credit score be impacted if only one line of credit with a low utilization? Too few accounts currently paid as agreed FICO® Scores consider the number of accounts that are paid as agreed. Your score was impacted because the number of these accounts is too low, or because you've missed payments recently on some of your accounts.

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It seems like a scam to pressure people to open more accounts, almost as if credit score is a measure of how profitable you are as a consumer rather than a good credit risk 🤔

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Credit scores are a scam. My score dropped 20 points when I paid off my car loan because I no longer had a loan 🤦‍♂️. So yes, they like to see multiple lines of credit as well as low utilization of that credit. The low utilization will help you but opening another credit card or two, even if you never use them, will help increase your total credit and number of credit lines which will increase your score in the long run.

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Either you missed a payment or they’re singing you for “insufficient volume” to build a history. If an old card fell off, that could ding you

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I requested a credit line increase and got immediately rejected. Called the help line to figure out why, and they said my utilization is too low to justify the increase. How do I balance keeping utilization low for my credit score but high enough so that I can get a credit line increase?

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Is 5 personal credit cards too many? Not a high utilization rate but some are too old to close that will adversely affect my credit score

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Have any of you ever had your credit limit on a card cut due to low utilization or another reason? I've successfully paid off my $20k credit card debt but now I'm concerned my limits might be reduced for underutilization. I'm currently just using about 10% a month that I pay off each month.

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How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

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Today’s career aspiration: get to the level where you do not have to submit time sheets. SVP? EVP?

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Long story short my mom has had me as an authorized user on her credit card since I started college (I recently graduated). I got my own job and rarely used it but she has extremely high credit utilization and I think it’s heavily impacting my credit. I got my credit score back from an apartment in NY I applied to. I don’t know if I will be approved but I have the option to dispute my credit history. Can I say the account is “not mine” ?

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Can't wait for the day when it's finally friday and I dont have to submit time!

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Forgot to submit time sheet this week how fucked... how fucked am I

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I got the job. That is all.

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