I signed up for an American Express preferred Blue card and got approved for a limit of $25,000. I have a 830 credit score. I realized that the places I shop don’t accept that card and you have to pay for it yearly so I canceled it.
Then I decided I was going to get a Costco Visa. Once I signed up the credit limit was only $5,000. So I canceled that one. So I stupidly signed up for a Wells Fargo Visa and that was $4,000.
Don’t leave yet and please don’t make fun of me but I’m not done being stupid. I decided I wanted a different American Express card and when I signed up for it the credit limit was $2,000 so I canceled that one.
Again I know I’m fucking stupid but how bad did I just fuck up my credit?
Define “A+”
Credit is about length and girth in addition to their scores. By 40 you’d better have an “A+” score. If you’ve had a mortgage for 20 years, paid your bills on time, and had a couple car loans then anything under 800 would be hard to get.
Sounds like you agree with me that a credit card is not remotely necessary for building good credit.