Money Matters
ta78
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Credit question
My husband has great credit, in the mid 800s and for whatever reason he decided last week to cancel his only credit card. I guess he didn't like having the temptation to charge on it, instead of just putting it away he cancelled it w out discussing first. I am worried this is going to hurt his credit. It had a 10k limit and he had it for about 12 years I think. Does anyone know how much this will bring his score down? We are saving right now for a new home.. but maybe a few years out still.
Re: Credit question
As long as you continue to pay your current bills on time, he will only have a small down tick. When you do need a loan of some kind - use your credit union rather than a bank as they will use alternative scoring.
Wulfgar - you do NOT need current loans - that no car loan for 5 years is bunk - total car sales pitch. My score is in the 800s - our home has had no mortgage for about 4 years now, no car loans for 15 years (we pay cash) and I use one store card rarely . We do put everything on one Visa Rewards card and pay it in full each month.