06-26-2009 03:57 PM
06-26-2009 05:05 PM
06-26-2009 05:19 PM
06-26-2009 05:28 PM
06-26-2009 07:21 PM - edited 06-26-2009 07:26 PM
Jeez 3 years ago I had 1.
Now I have 7 Unless I'm forgetting one.
I feel like there is a maximum number. I just don't know what it is Minimum I would say would be 1 Visa or MC, 1 Discover or AMEX and 1 store card.
 I knew I was forgetting one! Make that 8!
06-26-2009 08:54 PM
06-26-2009 09:22 PM
I wouldn't worry about a maximum for a good score. My reports with 26 CC accounts showed 780-795 FICO. I closed two Amex accounts that were reporting from 1982 when I refused to pay a yearly fee. A few other accounts changed. I now have 22 CC accounts that show on my reports, 3 of which show closed. My FICO stays in mid 700s unless I have too many accounts with balances like now - 14 with balances giving me 709. I would never try to keep track of that many for personal use - I have three small businesses. The only one that reports that is not a normal CC is Kohl's.
06-29-2009 08:34 AM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO