How many credit cards is to many to build credit? I have 3 now

Question

How many credit cards is to many to build credit? I have 3 now

Answer 1

That should be enough credit cards. You don't build credit by having more cards. You build credit based on the way you use your cards and how long you have had them. Here are more tips on how to build credit: http://www.badcreditfixup.com/improving-...

Answer 2

Three is just right.

I have used 3 cards for the last couple of years for just about everything I buy, I l aways pay them off in full before the due date and last year I got almost $1,000.00 in cash back rewards and raised my score over 150-points.

Not bad for using someone else's money for free.

Answer 3

That's probably enough.  I'd say try building credit by taking out a deposit loan program.  It worked for me when I did it a little over a year ago.  I used Trade Capital Company after my CPA referred me to a guy named Jonathan Warren.  Pretty easy, but make sure you can make the payments or else it will hurt your credit instead of help it!

Answer 4

That's more than enough.  It isn't the number of cards that counts as much as a long history of good payments.