Having more than 10 credit cards affects your personal credit report and the results of your mortgage loan application.

1. Affect personal credit. Applying for credit cards intensively in a short period of time will leave a large number of inquiry records on your credit report. When the staff of the credit card application platform check that the user has multiple credit cards under their name, they will feel that the user is short of money. Once the credit card application platform determines that the applicant is a customer who lacks funds, it will not agree to approve the card to the applicant.

2. Affect the application results of mortgage loans. Mortgage loans are different from ordinary loans. Banks have stricter requirements on users during review, especially in terms of credit information. If it is found that the user's current debt ratio is high and personal credit information is expensive, the loan will not be approved.

3. Risk of credit card being stolen. Managing multiple credit cards increases the risk of lost or stolen cards. It's important to plan and manage your credit card usage appropriately to avoid these potential negative consequences.