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kkris

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Visa card Options? Auto loan %
Which credit card is a good choice if i want a visa signature? And does the score reduce or auto loan % increase if one has more than one credit card?

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Score depends on a lot of things

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Re: Visa Signature, there are plenty available there. My suggestion would be to get a cash back Visa Sign, that you can use for all your purchases.

With more than one card, your credit will only stengthen. However, how that will affect your score is difficult to tell without knowing your entire situation. Here how opening a new card will work.

1. More available credit: Good for score

2. Two cards (multiple accts): Good for score

3. One hard enquiry : a little dip in score (temporary)

4.Average credit history will decrease (with the new acct): Not so good for the score (the effect will be there for a while).

Use the simulators on this site and on various others to get a sense how that works. You will get the answer. Good luck.

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