32 Credit Card Mistakes That Any American Does

CARRYING TOO MANY CARDS

Even folks with high FICO credit scores can have several credit cards, but remember that “type of credit” accounts for 10 percent of a credit score and can throw it off, says Barry Paperno at CreditCards.com. Though having too few cards can also throw off a score, it’s better to have a handful of good cards with reasonable limits that can be paid off easily than have an array of cards where a lingering balance can affect on-time payments and overall credit utilization.