• @[email protected]
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    fedilink
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    210 months ago

    This is part of why getting credit cards early (if you’re capable of being responsible with them) is so important. All my oldest credit lines are credit cards (I have 4 of them), so any future loans will be taking my average credit line down instead of up. As a result I’ll always have those old credit lines and my score will only go up when I pay things off completely.