That raises flags for me, because as far as I know from what I've read, some of the key components of your credit score are 1. length of credit history (i.e. if the average age of your open credit lines is 0, then that's bad) and 2. credit limit (if you have no credit cards, you have no credit.
Certainly having no debt helps, but many of the other things hurt more than they help.
That raises flags for me, because as far as I know from what I've read, some of the key components of your credit score are 1. length of credit history (i.e. if the average age of your open credit lines is 0, then that's bad) and 2. credit limit (if you have no credit cards, you have no credit.
Certainly having no debt helps, but many of the other things hurt more than they help.