Facts And Falsities About Fixing Your Credit

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Speaking of finding the right card…

We asked Humphrey the question on many people’s minds: how many credit cards is too many? “That depends on who you’re talking to. I’m one of those people who, I feel like three to four credit cards is pretty much where you want to be,” she says. “But I see the average household has six to eight credit cards.” She brought up the 100 credit card challenge going around on social media right now. It’s what it sounds like: people are trying to see if they can get 100 credit cards. Don’t do this. “Everybody likes challenges,” she says. “It saddened me that so many people were trying to get to this crazy number of credit cards. You don’t need to follow the masses. Just make sure that you’re doing things that are going to be in alignment with your credit goals.”