score

How many credit cards can you have before they drop your credit score?

December 13th, 2011

How many credit cards can you have before they drop your credit score?
I heard having too many credit cards can lower your FICO score even if you pay them full each month. How many can you get before they drop your score?
I had problem getting a credit card when I had no credit history and [...]

How many credit cards can you have before they drop your credit score?

December 13th, 2011

How many credit cards can you have before they drop your credit score?
I heard having too many credit cards can lower your FICO score even if you pay them full each month. How many can you get before they drop your score?
I had problem getting a credit card when I had no credit history and [...]

How often can one open credit cards without affecting your credit score?

December 11th, 2011

How often can one open credit cards without affecting your credit score?
I have been using rewards cards and paying off the balance for years. I have read that applying for new credit card wont affect your record if you only get one, and don’t open too many in a short period of time. Not sure [...]

How much of my credit card do I need to have paid to improve my credit score?

May 26th, 2011

How much of my credit card do I need to have paid to improve my credit score?
When I turned 18 I knew I needed credit cards to grow credit. When I reached the $ 500 limit on my first card and the $ 2000 limit on my new card when I found that [...]

Can credit card companies close your accounts without warning? How does it affect your credit score?

March 25th, 2011

Can credit card companies close your accounts without warning? How does it affect your credit score?
I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close [...]