Quote:
Originally posted by GirlsFreePics
Having CC's does not mean you have debt???..it means you have good credit Not paying them off the minute you get them, now that means you have debt
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Of course it means you have debt, unless you've never used them before.
If you really had good credit, you would only need one credit card because the credit limit would be really high.
Having 9 credit cards (or 20) each with a small credit limit like $1000 isnt really considered great credit.
Having 1 credit card with a $100,000 credit limit is good credit.
Everytime you apply for credit it goes on your report, and as far as having good credit goes it isn't a good thing to see someone with 20 credit cards.