How many credit cards should a person have?

Wednesday, August 5th, 2009 at 5:37 am

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How many credit cards should a person have?
I know having too many is not good for a person’s credit score and looks bad to those checking this credit. But not having any credit (such as cards) is not good either. So is it best to have more than one card?

How many Credit Cards are there in each country worldwide?

Wednesday, August 5th, 2009 at 5:36 am

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How many Credit Cards are there in each country worldwide?
I want to advertise a product via the internet, for the international market. It can be bought only by a Credit Card.

Therefore I would like to know, per each country in the world, how many Credit Cards are there, or: How many Credit Cards per resident in each country?

What credit cards are most widely accepted in Portugal?

Wednesday, January 14th, 2009 at 1:04 pm

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ecolink asked:

We are traveling from the United States and want to be prepared. Are credit cards accepted at most restaurants? Shops? Hotels?

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Is it better for your credit to have several credit cards with moderate limit, or one card with a high limit?

Wednesday, January 14th, 2009 at 4:53 am

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shooter 1 asked:

I have zero debt. I also have several credit cards. I am wondering how it will affect my credit to request the highest limit for each card, or if I should cancel all but 2 and have those with high spending limits. Along the same lines, how does “available” credit affect one’s credit score negatively or positively? If I get a $50,000 limit on a card (with 0 balance) but say, go to buy a car, will I be denied because I have too much credit out there?

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does it hurt your credit to close out long standing credit cards in good standing? If so why?

Saturday, January 10th, 2009 at 7:04 am

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Ms. Kitty asked:

I was going to consolidate two credit card onto a new lower interest card and cancel the old cards. However, I was informed that closing the old cards would not look favorably on my credit report. I thought this was strange as good credit reflects on your credit report for 10 years and keepin the old card open whould make your debt ratio higher. Can someone explain this to me?

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What will happen to my credit cards if my home is foreclosed?

Friday, January 9th, 2009 at 4:16 pm

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triguyinla asked:

I have over $100,000 in credit on my 7 or 8 credit cards, all with a 0 balance. I am facing foreclosure in a few months. Will the banks cancel my credit cards once I get a foreclosure on my credit? Should I just max out all my credit cards with no intention to pay them?

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How do I switch credit cards and not affect my credit score?

Friday, January 9th, 2009 at 11:17 am

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msc44 asked:

I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?

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What are some names of credit cards that have high credit limits?

Friday, January 9th, 2009 at 6:36 am

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sb0983 asked:

What are some name of credit cards that have high credit limits? Are there any credit cards that have a $100000.00 credit limit?

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How many credit cards should I have open for a good credit score?

Sunday, January 4th, 2009 at 9:12 pm

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tgent2k1 asked:

I have 4 credit cards (limits are 1000, 3300, and two 500s) and was considering getting rid of one 500 credit card. Should I pay the whole thing off and KEEP it or GET RID of it??

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How to consolidate my credit cards into one?

Sunday, January 4th, 2009 at 1:34 am

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I Love My Sailor asked:

I have four credit cards and I want to put the amount owed all onto one credit card with a lower intrest. I also don’t have very good credit. Any help would be useful. Thanks.
The amount owed is not more than 1,500 between the four. I always pay double of what the minimum payment is.

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