Holding multiple credit cards will not directly affect an individual's credit history. As long as the repayment can be made on time, the credit record will remain good. However, when a cardholder applies for a loan from a bank, the bank will consider the cardholder's debt, and the number of credit cards is also an important consideration. If there are too many credit cards, banks may think that they are in high debt, which may have a certain impact on mortgage applications.

Therefore, for most people, it is enough to hold more than five credit cards. At the same time, the balanced management of the use of more than five credit cards is also a huge burden. So it is recommended not to exceed 6 credit cards.

What is the impact of poor personal credit reporting?

If you have a bad credit record, it will not only affect yourself, but also affect your children. Mainly reflected in the impact on work, life and study. First of all, if you find a bad credit record, you may not find a job; Secondly, the difficulty in obtaining loans will affect the ability to buy a car or a house. Sometimes you can't buy tickets, such as you can't take the high-speed train. In some places, parents are required to apply for schools without bad personal credit information. For example, children can't go to private schools with high tuition fees because it is high consumption.