Quote:
If you really had good credit, you would only need one credit card because the credit limit would be really high.
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Not at all true. To get the highest score, you should have 2-3 bank cards, plus some dept store / gas cards. Not maintaining a balance is a negative, but maintaining too much (generallly over 40%) is a negative. Using about 25% of your available credit and keeping about 75% free will, in most situations yield you the best credit score.
There is a lot more too it than that... but I ain't here to write a book.
