Quote:
Originally Posted by GREENBACK
why lower your score intentionally if you don't have to.
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especially with CC's, I give 3 reasons:
- Security... less chance that someone could run up stuff with a stolen account, which I wouldn't notice since I never use the account. It's one less account to keep track of.
- Mental well-being... the fewer people who have stuff hanging over my head, the better. Even if just an unused card, they still have all my personal information--this is the same reason I contact companies that send me junk mail (snail mail), to get off their mailing lists.
- I'm inherently optimistic, so I don't worry about the absolute worst-case scenario where I might potentially need a sudden availability of lots of credit in order to sustain myself. ...and that's not really a good backup plan anyway.