After living in CC debt for more than five years, and ending up with over $10,000 owed about 18 months ago, I think I will be CC-debt free in about five months. This has helped me to learn discipline, and I know I will never be so careless with my money again.
That being said, I know that having a good FICO score is important when I do need credit - say for an auto loan, or refinancing a mortgage. Should I consider adding another CC account just to raise the score? Would it? Perhaps something with some rewards that might be useful? (I also have Chase and Discover rewards cards.) Is there any benefit to this?
