Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
Re: The right number of credit cards

Pghmg wrote:

Thanks for the credit advice. My goal is to qualify for my first mortgage by the summer of 2013. I'm afraid that if I apply for another credit card now it ill lower my score.


Two cards is enough, but a few more in the long run can help with utilization, and AAoA.    However, you should not get anymore until after the mortgage is done, as they can hurt you in the short term.