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cjs4933

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would opening a credit card improve my credit score

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Opening a credit card will help with lowering your credit  utilization score and make you look like you have plenty of resources for credit lines. Also helps with credit history and worthiness?You will also get better interest rates for loans and higher credit limits for cards. Banks like people that have lots of cards with low or zero balances. Banks want you to spend money with them so they get the interest. I have about 20 credit cards I get a new one every six months and every time the new card is better than the last in terms of rewards, intro rate, apr and credit limit. If you don't spend a whole lot of money on the cards and pay off balance every month they will raise your credit limit and having a credit card with over a $10,000 limit will boost your score 50 points at least 

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