Parking Scam | Page 2 | The Boneyard

Parking Scam

Status
Not open for further replies.

NowInStorrs

The truth is out there.
Joined
Apr 30, 2017
Messages
1,468
Reaction Score
7,598
Remember when this thread was about QR parking scams and not credit scores?
 
Joined
Aug 30, 2011
Messages
946
Reaction Score
1,660
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.
 

Dove

Part of the 2%
Joined
Aug 26, 2011
Messages
15,888
Reaction Score
46,437
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.
 

Waquoit

Mr. Positive
Joined
Aug 24, 2011
Messages
32,551
Reaction Score
83,904
JFC 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.
 

krinklecut

Class of '11
Joined
Jan 17, 2016
Messages
1,931
Reaction Score
13,054
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.
 
Joined
Aug 26, 2011
Messages
35,485
Reaction Score
31,407
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.
 

Chin Diesel

Power of Love
Joined
Aug 24, 2011
Messages
32,667
Reaction Score
99,386
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.
 
Joined
Apr 26, 2023
Messages
168
Reaction Score
798
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.
 

CL82

NCAA Men’s Basketball National Champions - Again!
Joined
Aug 24, 2011
Messages
57,142
Reaction Score
209,789
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.
 

willie99

Loving life & enjoying the ride, despite the bumps
Joined
Aug 26, 2011
Messages
6,967
Reaction Score
20,970
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
 

GG

Joined
Aug 27, 2011
Messages
607
Reaction Score
2,674
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.
 
Status
Not open for further replies.

Online statistics

Members online
356
Guests online
2,237
Total visitors
2,593

Forum statistics

Threads
157,235
Messages
4,089,216
Members
9,982
Latest member
dogsdogsdog


Top Bottom