Does having several casino credit lines open have any effect on your credit ratings?
On Aug 6, 2014, at 7:15 AM, harry.porter@verizon.net [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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