How many bank accounts and credit cards should I have?


Posted January 24th, 2009 by admin 9 Comments »
credit cards
Pepper asked:


I am currently a college student with 2 checking accounts (Wamu- 3 years & BOA- 1 year) and 1 credit card (Citi- 1 year). I have always met the requirements for my checking accounts and paid all my credit card bills on time. As for loans, I do have about $10,000 of student loans in debt. I was wondering if it is okay for me to get another credit card. Also, many say that having a lot of credit cards are bad for you. What is the reccomendation of how many bank accounts and credit cards should I have so that my credits would not go down? Thanks in advance!

How many Credit Cards are there in each country worldwide?


Posted January 24th, 2009 by admin 3 Comments »
credit cards
eyaljosch asked:


I want to advertise a product via the internet, for the international market. It can be bought only by a Credit Card.

Therefore I would like to know, per each country in the world, how many Credit Cards are there, or: How many Credit Cards per resident in each country?

How many credit cards should I have open for a good credit score?


Posted January 24th, 2009 by admin 13 Comments »
credit cards
tgent2k1 asked:


I have 4 credit cards (limits are 1000, 3300, and two 500s) and was considering getting rid of one 500 credit card. Should I pay the whole thing off and KEEP it or GET RID of it??

How many credit cards should a person have?


Posted January 24th, 2009 by admin 11 Comments »
credit cards
Kat asked:


I know having too many is not good for a person’s credit score and looks bad to those checking this credit. But not having any credit (such as cards) is not good either. So is it best to have more than one card?

I transferred two credit cards to a new credit card. How long does it take to officially go through?


Posted January 24th, 2009 by admin 3 Comments »
credit cards
two_kee_kees asked:


I did this last week. My new credit card is showing the balances of the others, but the old credit cards are not showing that they’ve been paid.

How do I switch credit cards and not affect my credit score?


Posted January 20th, 2009 by admin 2 Comments »
credit cards
msc44 asked:


I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?

How can i use money on my paypal balance instead of using money out of my bank account?


Posted January 14th, 2009 by admin 4 Comments »
money
Prettyboy92 asked:


I have 200 dollars in my paypal balance. How can I use this money. I only have a verified bank account on paypal but no credit cards. How can I use the money in my paypal balance?