Japan facing credit card number shortage

Re:Japan facing credit card number shortage by JMTQp8lwXL on Tuesday August 25, 2020 @06:05PM (#24276742)

Beyond assigning IINs more judiciously, credit rating systems could drop the concept of "more accounts = better credit". It would discourage people from opening 7 credit cards to raise scores, when 1 or 2 would do.

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Re:Japan facing credit card number shortage by fomine3 on Tuesday August 25, 2020 @08:11PM (#24277746)

Here in Japan there's no "more accounts = better credit" mantra (but zero card is bad for credit if you're not young). Oppositely "more account = reduces credit limit for new card" is mantra for credit card mania people.

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Re:Japan facing credit card number shortage by x87678r on Tuesday August 25, 2020 @06:09PM (#24276795)

I have 4 unused cards I keep open just for this, seems a complete waste for every body.

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Re:Japan facing credit card number shortage by JMTQp8lwXL on Tuesday August 25, 2020 @06:29PM (#24277014)

Make sure to use them every once in awhile, otherwise the issuer may close them.

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Re:Japan facing credit card number shortage by smegger001 on Tuesday August 25, 2020 @08:13PM (#24277759)

I have mine with automatic payments on setup on them and a couple reoccuring bills on each so there is consistent activity and is paid in full before the end of the billing period for just this reason.

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Re:Japan facing credit card number shortage by roobs on Tuesday August 25, 2020 @08:05PM (#24277708)

Credit scores are not a thing in Japan. Unless you already have a significant amount of debt, a shaky payment history or other risky factory they will give you the card.

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