cancel
Showing results for 
Search instead for 
Did you mean: 

How many credit cards

Moderator Emeritus

Re: How many credit cards



cheddar wrote:


FretlessMayhem wrote:


cobra19 wrote:
9................(3) Amex,  (2) MC, (2) Visa, 1 store card, 1 gas card.
 
I don' think there is a magic number when it comes to having too many card.  Back in 1998, when I purchased my house, I had 31 cc's. Lawyer advised me to close a few. But, having 31 cards didn't hurt me then.  





31? Holy crap. And I thought I had a lot.

I predict that will be me in about 3 years, at this rate.
 


LOL - when I was 21 I had something like 17.  Insane.  They all had balances (think using the Amoco card to buy groceries).  I had WAY too many store cards.  But, oh was I proud of that 5k First USA Visa -- that went into collections and make its way to 10k before I finally dealt with it.
~*~*~*~*~*~*~*~*~*~*~
From 700 in 2008 to 498 in 2012...
4/23/12 -- BK 13 date of filing EQ = 505
4/18/12 -- EQ 498
12/5/13 -- EQ 669
Here we go.... back on track.
Message 11 of 26
Regular Contributor

Re: How many credit cards

i have 4 revolving accts now.  cap1, orchard, discover, and hsbc acct that i opened to finance my laptop through gateway. the last one will probably never be used again.
 
2 was good for me for a while.  but i realize if one little thing is new on my report it throws my score off quite a bit because i don't have a lot of accts.  Just got the discover and will probably wait to apply for a chase or amex til next year.  then i'll be done. Smiley Happy
03/2009 - TU: 679 EQ: 670 EX: 670
7/2 - TU: 666 EX: 668 EQ: 673

"If at first you don't succeed...skydiving isn't for you."
Message 12 of 26
Epic Contributor

Re: How many credit cards

27-30 Personal
29 Business
 
Smiley Surprised
Message 13 of 26
Regular Contributor

Re: How many credit cards

I currently have 5
 
cap1
amex
hsbc
macys - store
bloomingdales - store
 
 
I may receive more?  I sent some recon letters for a few that I was denied for but I havnt applied for anything else since checking into the center.


Message Edited by msheresy on 06-30-2008 04:09 PM
Message 14 of 26
Established Member

Re: How many credit cards

I have 9 and I'm tired of all of them.
*****I broke my paddle beating Crap One over the head with it! ******
Message 15 of 26
Established Member

Re: How many credit cards

Well make that 10. I forgot about Crap One!
 
 
 
 
 
 
 
 
*****I broke my paddle beating Crap One over the head with it! ******
Message 16 of 26
Frequent Contributor

Re: How many credit cards

5 (3 CU) (1 BoA) and just acquired Chast Continental.
05/12: approx 680 across the board
04/08 EQ: 730 TU: 748 EX: 718
03/08: EQ: 713 TU: ? EX: ?
12/07: EQ: 689 TU: 711 EX: 721
Message 17 of 26
Moderator Emerita

Re: How many credit cards

Was 5.

Now 12.

In the process of be pruning down to probably 8:

3 CU CC's
3 bank CC's
1 store card
1 AU card (for the long history)
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 18 of 26
Moderator Emeritus

Re: How many credit cards

I have 7 open revolving accounts:
 
7 cards
 
Amex Blue
Chase Visa
Discover Motiva
FIA Visa
First Hawaiian Visa
Macy's Gold
 
1 line of credit
 
BoA unsecured
 
Message 19 of 26
Valued Member

Re: How many credit cards

I have one Orchard bank card, had a chase but they decided to close it on me....going to apply for an amex blue and maybe a discover in the next few weeks after this round of disputes comes back...what are other good cards to apply for? My experian score is now 736....TIA nate.
MyFico l Equi - 784 l Exp - 752 l Trans - 786

[as of 7/13/2008]
Message 20 of 26