@Anonymouswrote:I've heard that a person should only have about 2-4 CC, yet a lot of people here have anywhere from 10-15 or even more.
I'm just curious when too many is just that, concerning Creditors and approvals for more? I've been looking at getting a miles card and a rewards, but already have 12 cards. Although two of them I'm considering closing, because they were opens years ago during my rebuilding. And TRU card is gonna be useless soon anyways.
Only you can decide when you have enough.
3 to 5 is ideal.for scoring purposes. I'd say at least 3 CCs and one installment for best scoring.
I'll let the more score driven members elaborate on techniques used.
Most lenders do have a cap on your exposure with them. Some of them aren't phased by the exposure you have with a different lender. Credit unions seem more adverse than the large regional or national banks from what I've experienced.
@Anonymouswrote:
Whenever I log into my AMEX account, for some reason it says that I have been a member since 2016. I wonder if this Is because I use to be a authorized user on someones account 2 years ago and they never removed me from the system?. I removed myself years ago from that account as well.
That's exactly what it is. Mine shows member since 1992 even though my oldest card is from last year. Amex NEVER forgets.
