Is It Better For Your Credit To Have Several Credit Cards With Moderate Limit, Or One Card With A High Limit?

I have zero debt. I also have several credit cards. I am wondering how it will affect my credit to request the highest limit for each card, or if I should cancel all but 2 and have those with high spending limits. Along the same lines, how does “available” credit affect one’s credit score negatively [...]
Jul 15 2011 | Posted in Loan Q&A's | Read More »