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Parking Scam

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Remember when this thread was about QR parking scams and not credit scores?
 
I had an 848 credit score once. Have you ever seen that? I have. Credit history matters.
Cancelling your credit card doesn’t affect your credit score. But paying off you mortgages and car loans will definitely lower your credit score. So if you have a 848 score it simply means you are carrying an extremely high level of debt but you are making all of your payments.
 
This thread can't be serious, am I supposed to care about someone's credit score?
It's supposed to be about avoiding QR scans at a parking facility.
 
he didn’t cancel an a credit account he got a card reissued you people are all morons
Hey tough guy, my response was clearly referring to poster in #35 not the OP. Grow up.
 
Hey tough guy, my response was clearly referring to poster in #35 not the OP. Grow up.
The guy who rightfully said cancelling a card, like OP did, won’t affect your credit score? He’s clearly referring to cancelling a CARD and having it reissued, like OP did, not cancelling a credit ACCOUNT.
 
Cancelling your credit card doesn’t affect your credit score. But paying off you mortgages and car loans will definitely lower your credit score. So if you have a 848 score it simply means you are carrying an extremely high level of debt but you are making all of your payments.
I think you have to show the ability to be debt free before you can get a high rating with high debt.
 
Now that there is a Boneyard MD board we need a Boneyard CFP board.

Screw it. Turn this whole thing in to UConn Reddit with subreddits.
 
Cancelling your credit card doesn’t affect your credit score. But paying off you mortgages and car loans will definitely lower your credit score. So if you have a 848 score it simply means you are carrying an extremely high level of debt but you are making all of your payments.
The first two sentences are correct. The rest is inaccurate. Paying off a mortgage or loan does negatively affects credit score because you are closing accounts, reducing available credit, and reducing types of credit you have. To get an exceptionally high rating, you need multiple types of lines of credit, an impeccable payment history and a good debt-to-equity ratio.
 
It's a weird one indeed.


Sadly, or funny enough, it's not even top 5 for weird flexes on this forum.
It actually might be. Definitely on the list anyway. The one off was quirky but wasn't all that bad, but doubling down and asking people to beat it was hysterical. The fact that he's reminiscing about it "I once had an 848 credit score" is pretty good stuff as well. Granted, not love potion good, but still pretty good.
 
This thread can't be serious, am I supposed to care about someone's credit score?

At least when he's talking parking and credit cards
 
I had 848. Damaging your credit score isn't worth $50. IT's stupid.
The credit card is simply reissuing his credit card. It does not impact his credit score.
 
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