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Investing, Personal Finance, and Credit

Credit Score Results With Too Many Credit Cards

Is it good or bad to have too many credit cards when it comes to your credit score?

Comments for
Credit Score Results With Too Many Credit Cards

It is all about the total percentage of your credit limits not the amount of credit cards you have.

You should not have more than 30 percent of your total credit limits on your credit cards.

As an example, if your total credit limits of all your credit cards adds up to $10,000, then you should not have more than $3,000 dollars charged on them.






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