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Contributor
schrute
Posts: 91
Registered: ‎09-16-2012
0

Re: More credit cards lead to a higher credit score?

Right so the question is, I have 2 CCs now from CU. Does it make sense to get some big bank cards?

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guiness56
Posts: 22,406
Registered: ‎01-17-2008
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Re: More credit cards lead to a higher credit score?

One more in your name could help as being an AU is sometimes overlooked as the creditor wants to see your real score.

 

 

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chasmith
Posts: 1,062
Registered: ‎05-26-2010
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Re: More credit cards lead to a higher credit score?


schrute wrote:

Right so the question is, I have 2 CCs now from CU. Does it make sense to get some big bank cards?


"national" cards - Amex, MC, VISA, Discover are just as good whether issued by a CU, local bank, or national company.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
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anniev2
Posts: 26
Registered: ‎03-29-2013
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Re: More credit cards lead to a higher credit score?

Good stuff...I have only one Credit card from Capital One. Opened June 2000, $4,000 limit. Balance is currently high but I will pay down in next month or so.
Only other is where I'm AU for Macy's charge it has $0 bal.

Sould I apply for more credit?
"FAKO" TU 638 (3/27/13)
FICO EQ 624 (3/19/13)

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