Posts: 8
Registered: ‎12-20-2009
Re: Do I have too many credit cards?

I have 10 more than you do...............(25). All serve a purpose......all are rotated and get used. My utilization is .25 percent on 133,675.00 total credit line. (credit available 133,250).

Use them in full almost always....leave one card showing a balance each month. Don't be tempted as to what you can buy.....and your credit score will soar. I believe and think it has actually happened to me....that creditors will see that if you can manage that many cards, and that much credit, and do it for a very long time, that you indeed are paying attention to your credit rating and live within your means. Be happy that you don't have to worry in any emergency......and that alone is a better feeling than having all the things you could acquire.