Re: The right number of credit cards
12-01-2012 06:11 PM
My goal is to qualify for my first mortgage by the summer of 2013.
With a current score of 560, you've got quite a ways to go to get a good rate on a mortgage. Instead of focusing on optimal number of cards, focus on clearing the baddies off your CRs.
05/28/2016 - EX 818 (Credit Scorecard EX FICO® Score 8, range 300-850)
05/20/2016 - TU 811 (Discover TU FICO® Score 8, range 300-850)
04/26/2016 - EQ 782 (Citi EQ FICO® Bankcard Score 8, range 250-900)
GOAL - 800! - App free since 12/13/2015