Question

 When can too many credit cards hurt you?

Answer On One Hand: Lower Credit ScoreIf you have more than seven credit cards, your credit score may begin to suffer, according to the Motley Fool. When you reach such a high amount of revolving debt, cr... Read More »
http://www.answerbag.com/q_view/1978400

Top Q&A For: When can too many credit cards hurt you

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »
http://www.answerbag.com/q_view/2093143

Does it hurt your credit score to not use credit cards?

On One Hand: Not Using Credit Cards Is WiseIf you know that you don't have the money to make the monthly payments for a credit card, it's best not to use one. According to John Ulzheimer (courtesy ... Read More »
http://www.answerbag.com/q_view/1972216

Will cancelling paid off credit cards hurt my fico score?

Canceling paid off credit cards may hurt your FICO score, according to the Fair Isaac Corporation. Closing an account will not erase past credit problems and it will decrease your available credit,... Read More »
http://www.answerbag.com/q_view/2235944

The Similarities Between Islamic Credit Cards & Conventional Credit Cards?

The Koran, the holy scripture of Islam, forbids Muslims to charge interest. As with the Hebrew Scriptures, the Koran places lending in the category of charity, and so regards interest as a form of ... Read More »
http://www.ehow.com/list_7345861_similarities-cards-conventional-credit-cards.html


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