Author Topic: New Accounts Opened attribute  (Read 1552 times)

edward

  • Full Member
  • ***
  • Posts: 195
    • View Profile
New Accounts Opened attribute
« on: April 29, 2013, 01:50:25 PM »
I get worried when I see more than a few accounts opened within the last 24 months. What are other's thoughts about how to interpret what is a reasonable number? Is this just a gut reaction or is there statistical evidence?

ee1x

  • Full Member
  • ***
  • Posts: 124
    • View Profile
    • Email
Re: New Accounts Opened attribute
« Reply #1 on: April 29, 2013, 06:21:20 PM »
I wouldn't read too far into it. It could be interpreted as a good sign that others are willing to grant credit. On the other hand it could signify increasing need.
Investing since March 2012