Frequent Contributor
brother7
Posts: 377
Registered: ‎02-06-2009
Re: 9 accounts in my credit report

khidma wrote:

Wouldn't it look bad to creditor if i have 7 credit card instead of 5 or 4 cards with higher limit and reward?


Take a look at the infographic mentioned in http://ficoforums.myfico.com/t5/myFICO-Blog/What-s-the-Profile-of-High-Credit-Scorers/ba-p/1663246

One trait of high FICO scorers is that they have 7 credit card accounts.

 

I had 4, apped for 4 more and noticed an increase in my score. Additionally, for the cards you keep, try to get high CLs which will decrease your overall utilization.


11/02/2012 Peak - EQ 790 (ScoreWatch EQ FICO)
10/22/2014 Current - EQ 797 (Priceline TU FICO 08 Classic)
GOAL - 800! - App free since 09/07/2014