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Originally Posted by JazmenFlowers
I have 2 friends that do that...they are self-described credit card whores. I've always wondered how that is reflected on your credit, if at all. Does it bring your score down?
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OK, I'll bite.
From my understanding, yes it can bring down your credit score. When I bought my second house, they were suprised that someone my age had such a high credit score... however, I was told, it could be higher. I credit card surfed for years, and never stuck with one card. I was told it looks better if you have kept at least one of your cards for years. So, I quit whoring... but I'm about to start doing it again, because (I only have 1 card) but they just raised my APR from 5.9% to 16.9%, and I'm P!SS*D off!