Having too many credit cards and no overdue repayments will generally not affect your credit report, because whether there is a problem with your credit report depends on whether there is a record of overdue repayments on your credit report. However, having too many credit cards is a problem. The more dangerous thing means that cardholders can overdraft a lot of money, put great pressure on repayment, and may be overdue if they are not careful.

However, there is one more thing to note. If an individual applies for a credit card frequently in a short period of time and is repeatedly rejected, or the card is successfully applied but not activated, it will affect the credit report, because when evaluating the personal credit report When applying, in addition to checking whether the credit report is overdue, the individual's financial ability will also be assessed from the credit report record.

Also, if you always apply for a credit card, the bank will often check your credit report, and the inquiry record will be reflected in your personal credit report, so applying for too many credit cards will easily lead to redundancy. It is not good for credit reporting.

Having too many credit cards can easily lead to a high overdraft, which will reflect higher debt on your credit report. Be sure not to overdue, because it is easy to forget to repay the card, so you need to pay attention to this. Of course, the number of cards you hold and the total credit limit are information points that will be taken into consideration by banks and other financial institutions, but they are only for reference.

After you have too many credit cards, remember to do the following: manage the repayment time of credit cards; set repayment reminders; cancel unnecessary credit cards.

Theoretically, banks have no upper limit on the number of credit cards held by cardholders. On the contrary, if you have a credit card from another bank, it can be used as a reference. Generally speaking, it is more appropriate for one person to apply for three credit cards, either from the same bank or from multiple banks. However, it should be noted that credit cards from the same bank have limited quotas. When you use one card to make purchases, the limit available on the other card is also reduced. Therefore, you usually apply for credit cards from different banks.

The number of credit cards each of us holds is limited. Although there are many types of credit cards issued by banks, it is best not to hold more than 5 credit cards per person. Because your total credit limit within the bank is limited, every time you apply for a credit card, it will occupy part of the credit limit. The more you apply for, the more credit limit will be occupied, which will affect your next loan or credit card application. amount.

As the number of our credit cards increases, the debt ratio reflected in personal credit reports will increase accordingly. The debt ratio is an important inspection item for banks to examine users. Once the debt ratio is too high, the bank will consider that the applicant's current repayment pressure is too high and the possibility of late repayment will increase, which is likely to cause the credit card or loan application to be rejected. Refuse.