How many credit cards can one person apply for? Theoretically, there is no limit to how many credit cards you can apply for. So, how many credit cards should a person have? What are the personal disadvantages of having multiple credit cards?

1. It is easy to cause credit failure and affect the loan approval results

The bank will inquire about the applicant's credit report when approving the card, and will leave " Credit card approval" query record. If a user applies for credit cards from multiple banks at the same time within a month, the credit report will leave multiple credit card approval query records, resulting in credit report expenses. At this time, if the applicant still applies for a loan or a card, he or she will most likely be rejected.

2. Low credit limit

When applying for a credit card, even if the applicant is lucky enough to get the card or be approved for a loan, the credit limit will not be very high. Because the credit card limit applied for and the card opening status will be recorded in the borrowing information in the credit report. Moreover, when banks approve credit cards, they will also query the user's borrowing information. If it is found that there is other card information in the user's credit report, then if the applicant does not provide sufficient proof of financial ability, they will generally refer to the previous card. If the credit limit is lowered and the credit limit is too high, the bank will not give an excessively high limit.

3. High risk of loss, theft, etc.

There are too many credit cards, which makes daily management inconvenient and can easily be lost if you are not careful. Many people also like to keep all their credit cards in their wallets. Once the wallet is lost, it will be even more troublesome. Cardholders will have to spend a lot of money to report the loss and replace the cards in order to get the cards back. If your credit card is lost, the risk of it being stolen is also higher.

Four. Management is difficult and you may be charged accidentally.

The annual credit card fee is a basic charge item of a credit card, ranging from dozens of yuan to hundreds or thousands of yuan. General gold cards and ordinary cards can be used without annual fees. If you hold too many credit cards, once one or several of them are not used a certain number of times or a certain amount within the specified period, annual fees will be incurred. If the cardholder fails to repay the debt in time due to the annual fee, overdue interest, late payment fees and other fees will be incurred, and even affect the personal credit record.

In addition, using multiple credit cards makes repayment troublesome, and it is easy to become overdue due to failure to repay in time.