Credit Cards Out the Wazoo!! I am young, and relatively new to the credit game. My parents drilled in to me "only get one credit card" and so I always have had just an AMEX blue. I saw LIZARD's post about all of his cards. Are these just open accounts that you rarely use, or do you actually use ALL of those cards? Also, what effect does having so many cards have on your scoring? thanks for the info.
Re: Credit Cards Out the Wazoo!! I have close to 20 credit cards for personal use, I use them to invest and to help me grow even more credit. I don't concern myself with their effect on my score because they keep raising my limits and lowering my rates and that is my goal. www.creditsense,com
