Should I get another Credit Card

[Anonymous]

HI!

I have good credit and I have 2 credit cards with a total of $14,000.  I cancelled a not-so-good card a few months ago, got  a new card to replace it and increased my limit on a card I've had for awhile.  How will getting another card affect my credit score?  Should I wait awhile if I choose to get another? 

Thanks for your input!

Mb

[Anonymous]

OK with a 14k limit whats your usage and your ability to pay?  That should be your first question.  Right not the lending industry has an eye out for red flags so be careful of app'ing too much.  Your 14k could be reduced to little of nothing.

Message Edited by Brammy on 12-17-2007 08:37 PM