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davidoffbeat

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I have an F for "total accounts" (I have 5) how do people have so many (20+)?
I'm 27, rent an apartment and have paid off my car. Even with a auto/home loan I still wouldn't have any where close to what would be considered an "A grade" for total accounts. How do people have so many?

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Total Accounts

I totally agree on this. Why would any financially responsible person even want 21+ accounts? To leverage the best credit card reward programs, you should be using a single credit card account. Beyond house, car and/or recreational vehicle loan, where would you come up with the other 16 accounts? Old student loans and things eventually fall off. This metric seems completely outdated and totally irrelevant, hurting people's scores that don't deserve it.

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