I have never had any issues defaulting on any loans, and have always paid off my credit card accounts in full when due.
When I check my credit score with equifax, it tells me what is hurting my credit score is the number of credit applications with multiple credit providers.
I have applied for an extensive number of credit cards, and have held different cards over a number of years - trying to take advantage of various bonus offers. I have never held a huge amount at any single time, nor had a ridiculous amount of credit available at any one time.
I will often have applications rejected these days, and I suspect it is because of this - having had and applied for so many credit cards across time.
I suspect banks are wise enough to predict which applications are likely to be just people trying to cash in on some bonus points with the intentions of subsequently cancelling the card after earning the points? Do you have any thoughts about this, or on how to manage this?