LogFAQs > #885509790

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TopicI got declined for having too many credit cards. WTF?
IdiotMachine
08/26/17 10:03:04 PM
#1:


I was always told the more credit card you have, the better (assuming you stick to spending less than 20% of your total credit).

I opened up credit cards like candy to get signup bonuses, and just threw them in the drawer never to be used. According to CreditKarma, my TransUnion and Equifax scores are above 790, and I have 33 revolving accounts (i.e. credit cards).

My hard inquiries is 2 right now, and I applied for another credit card... only to be declined. The reason was that I have too many accounts.

....................wtf
... Copied to Clipboard!
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