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Yes it is... the best way to get credit is to prove you don't need or want it.
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You know now you can get one free credit report from each of the 3 reporting companies once a year, so about every 4 to 6 months, I get one, then next time go to another of the companies. In other words, I spread them out. But I usually go ahead and pay for their credit score, too, out of curiosity. And while they may be close, the different companies come up with different scores and the score can change frequently, I guess. And now they've even got a new scoring system. Three years ago, when I was about to buy this house, I checked and found one company scored me at 911 and another at 913 (pretty close). Then in December, 2007, one scored me at 905 (that was before I cancelled the old Citibank card) while in December 2008, it had been lowered to 868 (now that was a different company and I had not opened any new accounts or gone it debt at all
). Of course those scores were based on the old system of 501 to 990. With a different company in August 2008, and the new system of 300 to 850, my score was 788.
How can any lender use those numbers? And my credit report shows that American Express regularly and frequently checks my credit report, and they regularly and frequently send me junk mail saying that I'm pre-approved for an American Express card. I've never had an American Express card and have no use for one, but they don't give up easily. I've even put all their stuff in their postage paid envelope and sent it back telling them I'm not interested and that they can quit sending that stuff, but even that hasn't stopped them. And the same is true of Capital One.