11-07-2012 09:32 PM - edited 11-08-2012 05:21 AM
Is there a certain limit on how many GE cards one should have? Might step out of the garden 4 WalMart, JCP, Amazon.
11-07-2012 10:26 PM
11-08-2012 06:45 AM
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?
11-08-2012 07:57 AM
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.
11-08-2012 08:19 AM
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.
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