Referencing the “What makes up my credit score?” question, you can see that using credit cards responsibly does not hurt your credit score. In fact, responsible credit card usage should increase your credit score because payment history and amounts owed make up the largest chunk of your score. Only 10% of your credit score is based on opening new cards. As long as you don’t live outside of your means and pay everything off in full each month (i.e. don’t carry a balance), your credit score will most-likely rise. All RewardStockers have multiple cards and nearly perfect credit scores.
We love to hear from our users. To send us your thoughts and suggestions, or for general inquiries, please email: firstname.lastname@example.org