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Old 11-27-2007, 11:51 PM
Poshua Poshua is offline
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Join Date: Dec 2006
Location: New York, NY
Posts: 508
Default Re: How to build credit

For what it's worth, a lot of employers require a credit check as part of the application process. Having ~100 credit accounts is likely to raise red flags, even if they're all in good standing. The accounts remain on your credit report even after you close them. Even though you have a reason for getting so many cards isn't unethical, illegal, or irresponsible, (1) to someone unfamiliar with App-O-Rama, this will look like the credit report of a person either trying to run a scam or having poor credit skills, and (2) a potential employer might find App-O-Rama off putting.

If you're a pro poker player and are reasonably confident you won't ever be moving into the corporate world, then this probably shouldn't be a concern.
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