I am on the path to recovery with an auto loan being paid on time that's a year old with 2 years left. I recently just added 2 credit cards 1 cap one with a $500 limit and a Discvover with $1000 limit. For the experienced out there, what would one suggest as my next course of action. My credit cards are 2 months old. When would it be appropriate to add some more cards because I heard 3-5 cards is optimum? Should I wait for cli from my current cards and wait and see how my score fares after another 6 months? any advice would be much appreciated.
In my opinion you should wait at least 6 months, optimally a year.
Total revolving limits 569520 (505320 reporting) FICO 8: EQ 696 TU 689 EX 676