Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Scores
Profile Image

Question By

0 Contributions
0 People Helped
Is it bad to have a lot (about 10) of credit cards if I don't carry over a balance on any of them?
I have a lot of credit cards right now. I've done some researching into credit and they way scores work and just want to make sure that having many credit cards does not negatively affect my credit score. I have never missed a payment and never carry over a balance. I know that applying for new credit cards drops my average credit age and thus will lower my score slightly, but other than that - from what I understand - there shouldn't be any other adverse affects, right?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.