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Regular Contributor
rm3
Posts: 153
Registered: ‎03-02-2012

Can you have too many GEs????

[ Edited ]

Is there a certain limit on how many GE cards one should have? Might step out of the garden 4 WalMart, JCP, Amazon.

Starting Fico: 536 (3/12)--Current Fico: 647 (4/13)--TU Fico: 687 (4/13)--EX Fico: 617 (4/13)
         
Frequent Contributor
TrishN
Posts: 404
Registered: ‎11-05-2012

Re: Can you have too many GEs????

No you can not have any ge credit card ! Bleep lol

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Contributor
firstladyd
Posts: 143
Registered: ‎05-23-2011

Re: Can you have too many GEs????

You can have as many as they **bleep** approve you **bleep**

Starting Score: 585
Current Score: TU 734 Walmart EQ 704 FICO EX 721
Goal Score: 750 Across the board


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Regular Contributor
rm3
Posts: 153
Registered: ‎03-02-2012

Re: Can you have too many GEs????

*bleep* I want Wally, Azon, and JPenney
Starting Fico: 536 (3/12)--Current Fico: 647 (4/13)--TU Fico: 687 (4/13)--EX Fico: 617 (4/13)
         
Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012

Re: Can you have too many GEs????

Go for it

Frequent Contributor
ccnewcc
Posts: 466
Registered: ‎09-29-2012

Re: Can you have too many GEs????

I don't think you can have too many GE store cards in terms of restrictions -- as in GE restricts you to a certain number or below a certain number.

 

 

But I do think that one can have too many GE store cards by election.  Instead of more store cards that can only be used in one store, why not get or use a normal credit card that can be used any where?

Regular Contributor
rm3
Posts: 153
Registered: ‎03-02-2012

Re: Can you have too many GEs????

Having a normal credit card is a must IMO. I do enjoy the perks that a store card gives like discount on gas, free TU fico, extra sale discounts, etc.

Starting Fico: 536 (3/12)--Current Fico: 647 (4/13)--TU Fico: 687 (4/13)--EX Fico: 617 (4/13)
         
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Can you have too many GEs????

store cards don't help you into primeville as much as you think for other credit cards, so only a few GE cards are worth it imo....

 

like with Chase they do not factor store cards into your utility. So if you hav $20,000 in GE credit limits and only a $5,000 discover card and your using $3,000 you won't get approved for much from Chase even though your utility is considered low to other lenders. It does help your Fico score but it's not worth applying for multiple store cards you rare or never use.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758

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