Others have responded, but since this was in response to my post I'll note that casino credit lines do not report to the standard credit bureaus (Experian, Equifax, TransUnion.)
They report to their own specialized credit agency, Central Credit of Las Vegas. In the course of standard business, no one other than another casino pulls a report from them.
---In vpFREE@yahoogroups.com, <jaycee5353@...> wrote :
Does having several casino credit lines open have any effect on your credit ratings?
On Aug 6, 2014, at 7:15 AM, harry.porter@... [vpFREE] <vpFREE@yahoogroups.com> wrote:
Just to add, cash/ATM works well in most cases for most places (particularly if you have a bank account that will reimburse the more exorbitant of casino ATM fees).
However, having credit lines available can be handy when you're taking an extended casino trip (say, a week in LV) and don't feel comfortable carrying cash against the risk of a particularly sour run, or risk running up against restrictive ATM limits.
I've also found one useful when I come upon a promotion that induces me to risk more than I had planned, or simply when I happen upon an unexpected play.
I have around a dozen open casino credit lines. I seldom tap them, in aggregate, more than 2 or 3 times a year. (I am, by and large, a "cash player".) That inactivity sometimes means that I need to wait for an advance while they refresh their records. However, aside from that, there have been no adverse consequences.
---In vpFREE@yahoogroups.com, <Nordo123@...> wrote :Thank you Albert, Bruce and roaches. I might be slowly changing my mind about casino credit. Call me old school however, I still feel uncomfortable with having a line of credit at casinos. I will remain a cash player.
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