LogFAQs > #877636742

LurkerFAQs, Active DB, Database 1 ( 03.09.2017-09.16.2017 ), DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicI have 5 credit cards. I'll probably get 3 more this year.
MixedRaceBaby
04/21/17 2:49:44 PM
#6:


BroodRyu posted...
tl;dr

Can't having a ton of cards on it's own lower the credit score?


MixedRaceBaby posted...
nope! the more cards, the more responsibility that is being shown on your credit report. as long as i pay everything back, my score will go higher and higher and higher. more cards increases my total number of accounts, which more is better, it increases my average age of accounts, which again, more is better, and increases my credit utilization by increasing the total amount of credit.

---
For the mixed race babies!
... Copied to Clipboard!
Topic List
Page List: 1