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re: How many major credit cards should one have?
Posted on 11/7/15 at 11:03 am to cypressbrake3
Posted on 11/7/15 at 11:03 am to cypressbrake3
quote:
Is 3 about right or is that too many?
As many as you can handle responsibly. Having more cards doesn't hurt your credit, so it's simply a question of whether you can handle having a credit line and not spending the money unless you can pay off your debt every month.
Posted on 11/7/15 at 11:58 am to Joshjrn
All things being equal, a guy with five credit cards will have a higher score than someone with two or three. FICO likes multiple tradelines.
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