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re: Any negative for having too many CCs open?
Posted on 7/24/14 at 4:10 pm to bubbz
Posted on 7/24/14 at 4:10 pm to bubbz
quote:
The ideal amount of credit cards to have open is 3. Anything more than that you take a hit. You want your balances to be no more than 60% of the limits.
What in the......
I don't claim to be an expert but that is absurd.
Utilization has always been around 17 percent to 19 percent for me and I would never let get above 30
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