• TexasDrunk@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    ·
    10 months ago

    Yep. This was a big part of my strategy when I rebuilt my credit. I have a pile of cards, several of which have a single bill associated with them. I wanted to cancel because now I have a great score and a couple of really high limit cards, but that drops my length of history.

    So I’ll be sitting on these low end cards forever probably. They’ll pay a single bill, get paid off before it closes for the month (that’s the number that gets reported to the bureaus) and every month from now until I decide I never need credit they’ll report $0. Just like they have the last 5ish years.