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Old 10-17-2009, 11:10 AM
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BillK BillK is offline
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Most lenders want to see three forms of credit obtained. If these are your only cards and they are no costing you an fees, then it may not be the best idea.

However, if you have other general cards available with no annual fee and a grace period to pay off with out interest, then it is a good idea.

To many credit cards actually can hurt your score because of the available debt you could obtain in a short period of time. You may actually raise your credit score by getting rid of excess cards. The key is to have a balance of cards in your possession.
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