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Charpete

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Sure I have lot of credit cards to help builds my credit up?

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Three or four credit cards is about all you really need to build your credit.  Your goal is on time payments of whatever balance was on the card.  Your goal is to not charge more than 10% of whatever credit line you have on your cards.    Treat them like debit cards.  If you have $300 in your bank account then this is the limit of what you should spend on all the credit cards.   If you don't have the cash in hand, you don't need to charge it.   AND do not go get all the cards at one time.  Space them out, if you can, one every 6 months.

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Reply by
faidros

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Every new card you get will lower your credit score.  ALthough by the time you have had it for 6 months and followed the above guidelines, you will more than make up for any drop in the score.

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It's not the number (though you can't build with just one or two) but how you use the credit that builds your score.  Please make the time to read the articles on this site which is here to TEACH about credit and how to build a good score.

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