Bad Credit No Problem Credit Cards

I want to take the cash back card key and coupons that give many department stores. I have about 8 different cards. Total probably around $ 20K in credit limit. Is it bad to have that much credit? I have no problems at all control my spending and have no debt, everything is paid in full each month. Some of the promotions of the map have been retired and I can cancel a bit but is it a bad image too?

$ 20k is not very high for a combined total of credit limits - unless you do 5kA per year.

As long as the person takes care of their credit limits have answered an annual income or annual income exceeds even that person could get not only high scores, but also creditors that offer products with excellent conditions attached.
Again, as the person is taking care of their cards by keeping the use of low pay on time (preferably all), never goes over limit, etc. (which is what you say you do)

The "only" time you really should be a balance and make payments on a credit / charge is when you have a coupon of 0% interest for x number of months.

Since you say you have no problem controlling your costs and you pay in full each month, you are proof to all creditors (present and future) that you are a good risk.

I do not recommend that you cancel the cards that the promotion has expired.
You can keep the card locked up and out from time to time, make a small purchase then pay when you get the statement. Let them continue to increase your scores.

It seems that you should have a decent credit history, by what you posted. Thus, the closure of the occasional card should not have a significant impact on your results

But the cards to open the promo, then close them after the promotion end displays a stable credit history and will eventually send red flags to future creditors. You will probably find it increasingly difficult to be approved, even if your scores are high.

I say he's good and bad for a lot of credit can be just as bad as not having any, but some people want to be your place now, I'm good and map 1 that's all I needed. need a boyfriend lol shopping

I Do not Like CREDIT CARDS, but if you can manage and deliver YOURS so why not?

Yeah a little bad to have multiple credit cards. You tend to spend more to know your limit of 20K ...
If you can control your financial activities, you can use a debit card instead:)

It may be, but you seem to have under control. I did some reading about it and you should not do. What will happen, it will lower your debt / income. Thus, even if you keep doing what ur doing and control it, keep'em. If you looked at your credit score, it should have decreased when you cancel the ones you have.

CARDS too ................ eventually it will bite you on the butt ............... NO more than three cards .. ............

As long as you pay on time, I think it can actually help your credit. . . perhaps

It can be. Your credit relative to income is what you could spoil. If you made 25K per year and have 20K credit card at your disposal, you look like a high risk. If you should fall on hard times that you could quickly put you in a hole and not be able to pay your creditors.

So, yes, take credit cards too much or too much available credit makes you look like a high risk. This can affect your credit score and banks to think twice before giving you a loan.

cancellation of cards usually wont affect your credit score.

ID theft is yes everywhere. if you have many cards as you need to know exactly which ones you made and that the thieves have done to steal your identity and your money.

Yes. Ev.