Ok I have been working on my credit which was poor for the last year or so.... I have a capital one card Visa over a year now, and recently ( approx 4 months ago ) also got a Mastercard from them as well. I have been receiving %26quot;pre approved%26quot; credit card offers like crazy lately and now there is one ( a WaMu ) card that I really want due to some of the nice features of the card... BTW I do not have credit card debt. I usually pay off my credit card bills each month completely and if I do leave anything on it is less than 100 dollars. I am wondering if getting this card would help or hurt my credit? What is the right thing to do?
Credit guru%26#039;s please answer... Should I get another card???
For the best credit score and profile you need 3 credit card accounts (revolving) with balances below 30% of your credit limits and 2 cars, boats, homes, computers, furniture or personal loans (installment) all with long payment historys.
If I were you I would go ahead and get the WAMU card, I have one and it%26#039;s a good card to have not only for the benefits but you get to monitor your credit score for free on their web site.
And for those that say to many credit cards are bad for your score, you simply do not know what your talking about, the number of cards people have is not relivent, what is , is how you manage them as long as your balances are below 30% of their limits and your payments are made on time you can have as many credit cards as you want.
Credit guru%26#039;s please answer... Should I get another card???
no
Credit guru%26#039;s please answer... Should I get another card???
too many cards can affect your credit score, no matter how small the balance is.
Credit guru%26#039;s please answer... Should I get another card???
Listen to credit G That%26#039;s the way to go.
Credit guru%26#039;s please answer... Should I get another card???
well getting many credit card sometime help but it advsable to be very careful before getting another one
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