topic Re: How many Credit Cards should i have?? in Rebuilding Your Credit

How many Credit Cards should i have??

Anonymous — Sat, 02 Apr 2016 11:50:01 GMT

I've been repairing my credit report since July 2015 and I have been doing a pretty good job. I went from scores in the 550's to scores of around 630. I have 4 credit cards as of now. Is that enough?

Cards that I own:

Capital one: credit limit of 1000

Capital one quicksilver: credit limit of 750

Credit Union credit card: credit limit of 1000

Barclay credit card: credit limit of 2000

Re: How many Credit Cards should i have??

driftless — Sat, 02 Apr 2016 10:56:16 GMT

That's a nice set of cards, I would concentrate on building them for a while before adding another one.

Re: How many Credit Cards should i have??

RonM21 — Sat, 02 Apr 2016 20:52:02 GMT

Yes, build your cards and scores a bit more. Things will begin to open up once you get over the 650ish range and higher. You'll be able to get higher limits and better cards, which will help out your score and overall credit outlook.

Re: How many Credit Cards should i have??

Anonymous — Sat, 02 Apr 2016 20:56:30 GMT

You are doing great!! Let them grow and age. Keep up the good work!