Average age of accounts and total accounts open are the main things they look at to determine history. They want to see 3-5 revolving accounts, 1 mortgage, 2 lines of credit, and 2-3 "other" accounts like auto or personal loans.

OP always leave your oldest accounts open unless they are costing you fee $ or you find yourself in a place where you can take a temporary hit in score after you close it. I closed my first secured credit card account earlier this year because it costs me $200+/yr in fees and only has a $750 limit. It was 9 years old and it dropped my score from an 808 down to a 778. After 760 it doesn't make that much difference and I know I'm not going to be financing anything for a couple years so it was the right time to do it.


Credit advice is actually one of the easiest things to find so long as you look at reputable sources.

I've never had a loan go to full term. I hover 790-810 depending on the day. Too many inquires to go any higher. what is the perfect score now-a-days? Used to be 820, then 850 wtf is it now? Pretty soon I'm going to have shit credit @ 800

I'm in the process of buying a house, so my credits future is really ambiguous.

It will tank at first and by the 5th or 6th payment it will have rebounded and keep climbing.

It depends on how you do it. If you go through a mortgage broker like I do than yes. They send your shit out to a ton of people and they will all fire as a separate inquiry.

I think I bought into my first home around 675-700ish and it dropped a lot. Took about a year to rebound.

Besides the hard inquiries most people are taking in their single biggest chunk of debt so it takes a while for it to equalize then it shoots up after you establish good payment history.

Once you have multiple mortgages or business loans everything becomes much less sensitive as you know.