Is having a lot of credit cards, but only using them sparingly, bad for your credit?

April 22, 2008 by admin  
Filed under Questions and Answers

credit cards
Doug G asked:


I’ve opened a few credit cards lately, but don’t plan on using them, only for emergencies. Will just having 4 or 5 credit cars available for my use somehow hurt my credit score, or credit in general for future loans I might want?

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