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	<title>Credit Card Tips - online credit card</title>
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		<title>Q&amp;A: How does paying tips by credit card work?</title>
		<link>http://credit-cards-galore.com/credit-card-tips/qa-how-does-paying-tips-by-credit-card-work/</link>
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		<pubDate>Wed, 22 Feb 2012 19:14:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Card Tips]]></category>
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		<description><![CDATA[Question by S: How does paying tips by credit card work?I ate at a restaurant and paid by credit card. I got the receipt and wrote the tip and total down and signed it. But since the card was already &#8230; <a href="http://credit-cards-galore.com/credit-card-tips/qa-how-does-paying-tips-by-credit-card-work/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><br/><strong><i>Question by S</i>: How does paying tips by credit card work?</strong><br/>I ate at a restaurant and paid by credit card. I got the receipt and wrote the tip and total down and signed it. But since the card was already swiped, how does the tip get paid? Also, how does the waiter get the tip in this case? Does he just get money from the cash register?<br/><br/><strong>Best answer:</strong><br/>
<p><i>Answer by Violet</i><br/>Ok. Say for example your waiters name is Andrew. Your order is underneath his name. All waiters have their own number. So when you pay using an ascribe card and add the tip, at the end of the waiters shift, Andrew runs his report and all the tips he made all day through ascribed cards get totaled up and he gets it in cash by the manager from the register.</p>
<p><br/><br/><strong>Add your own answer in the comments!</strong><script type="text/javascript" src="http://www.generateuniquecontent.com/js/ucg.js?qid=344030"></script></p>
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		<title>Palm Springs, CA Vacation Rentals and Home Swap Listings Needed, http://www.bobzio.com Announces Needing More Property Listings for Palm Springs Area and Zero Cost to Owners</title>
		<link>http://credit-cards-galore.com/credit-cards/palm-springs-ca-vacation-rentals-and-home-swap-listings-needed-httpwww-bobzio-com-announces-needing-more-property-listings-for-palm-springs-area-and-zero-cost-to-owners/</link>
		<comments>http://credit-cards-galore.com/credit-cards/palm-springs-ca-vacation-rentals-and-home-swap-listings-needed-httpwww-bobzio-com-announces-needing-more-property-listings-for-palm-springs-area-and-zero-cost-to-owners/#comments</comments>
		<pubDate>Sat, 18 Feb 2012 17:13:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Palm Springs, CA Vacation Rentals and Home Swap Listings Needed, http://www.bobzio.com Announces Needing More Property Listings for Palm Springs Area and Zero Cost to Owners &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; http://www.bobzio.com &#13; &#8230; <a href="http://credit-cards-galore.com/credit-cards/palm-springs-ca-vacation-rentals-and-home-swap-listings-needed-httpwww-bobzio-com-announces-needing-more-property-listings-for-palm-springs-area-and-zero-cost-to-owners/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><br/>Palm Springs, CA Vacation Rentals and Home Swap Listings Needed, http://www.bobzio.com Announces Needing More Property Listings for Palm Springs Area and Zero Cost to Owners &#13;        &#13;      &#13;    &#13;    &#13;          &#13;        &#13;    &#13;    &#13;    &#13;    &#13;        &#13;                  &#13;
<p style="text-align: center; ; overflow: hidden; color: #999999;">http://www.bobzio.com</p>
<p>&#13;                  &#13;
<p class="releaseDateline">(PRWEB) February 16, 2012 </p>
<p> Palm Springs California vacation rentals are in high demand on http://www.bobzio.com. Bobzio.com is a co-op of vacation rental owners, home exchanges and area services. Bobzio.com announces free lifetime listings for owners of Palm Springs, California vacation rentals who list their properties on Bobzio.com. Each owner will get unlimited photos, video upload, interactive reservation calender, Google map and email contact form. Soon all owners will be able to accept credit card payments without fees. Travelers will also have insurance against loss of deposits. All of this is without fee for a lifetime property listing. Bobzio.com is only several months old but is growing fast. More users are discovering the advantages of searching for rentals based on activities such as golf, theme parks, scuba diving and any activity imaginable including surfing. Bobzio.com being a co-op is owned by the members. The ownership role will be determined when the first 20,000 have joined. There will not be a better time to get in on an opportunity like this that could save up to $  1000 each year in subscription costs. Jump on board. The sooner the best. Here is a link to a YouTube video showing how easy it is to start a listing. http://youtu.be/qOwKNHc7Gg</p>
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		<title>Global Retail e-Commerce Market to Reach US$1.6 Trillion, According to New Report by Global Industry Analysts, Inc.</title>
		<link>http://credit-cards-galore.com/credit-cards/global-retail-e-commerce-market-to-reach-us1-6-trillion-according-to-new-report-by-global-industry-analysts-inc/</link>
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		<pubDate>Thu, 16 Feb 2012 16:13:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Cards]]></category>
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		<description><![CDATA[Global Retail e-Commerce Market to Reach US$ 1.6 Trillion, According to New Report by Global Industry Analysts, Inc. &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; San Jose, California (PRWEB) February 15, 2012 Follow us &#8230; <a href="http://credit-cards-galore.com/credit-cards/global-retail-e-commerce-market-to-reach-us1-6-trillion-according-to-new-report-by-global-industry-analysts-inc/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><br/>Global Retail e-Commerce Market to Reach US$  1.6 Trillion, According to New Report by Global Industry Analysts, Inc. &#13;        &#13;      &#13;    &#13;    &#13;          &#13;        &#13;    &#13;    &#13;    &#13;    &#13;        &#13;                  &#13;
<p class="releaseDateline">San Jose, California (PRWEB) February 15, 2012 </p>
<p> Follow us on LinkedIn – The Internet is one of the most vital components of the modern economy, and cherished for its financial attractiveness as a vehicle for e-Commerce. For today’s time-strapped and cost-conscious shoppers, e-commerce offers an irresistibly simple and smart shopping mode with conveniences such as desktop browsing and selection, access to multiple sites, vast range of choices, and hassle-free delivery methods. With an increasing number of consumers using the Internet, the level of participation in E-commerce is also expected to register a whopping growth in the years to come. The basis for e-commerce is the presence of various sites, providing information on several activities, ranging from production and supply, to retailers, brands, and marketing, which increases the level of connectivity, thus boosting the growth of the industries.</p>
<p>&#13;
<p>Growth in Internet connectivity worldwide is by far the key driver of e-commerce worldwide. Increasing penetration of smartphones and rising interconnectivity of people through social media are emerging as new business opportunities for e-commerce players around the world. Despite of the existing high growth, higher potential continues to exist for e-commerce market in years ahead, given the lower share of online sales in the overall retail market.</p>
<p>&#13;
<p>The development of Mobile e-commerce and new innovations in the area of e-commerce are expected to drive growth in the market in the foreseeable future.  The year 2010 witnessed a quantum increase in smartphone consumers the world over. The enhanced usage of smartphones is expected to boost reliance of consumers on mobile e-commerce. The increasing usage of smartphones for e-commerce is underlined by the iPhone application launched by LeShop in the first half of year 2010, which accounts for nearly 4% of the company’s business. The usage of smartphones would be supplemented by the availability of widespread broadband access in most households, particularly in the US and Western Europe.</p>
<p>&#13;
<p>Internet security is a hot issue in the E-Commerce market. Security issues represent an area of concern, ever since E-Commerce was introduced. Internet usage and phishing attacks seem to grow in tandem and in part the availability of data on such concerns is due to the improved supervision. Concerns over spoofing, phishing, and identity thefts have depleted the consumer confidence with regard to the usage of e-commerce services. Software, hardware, and other peripherals connected to the network are all expected to be vulnerable to security issues once plugged into the network. Resultantly, credit/debit card companies, such as Visa International and MasterCard International, are incorporating new features to ensure Web security. In an attempt to regain consumer confidence over e-commerce security issues, combined effort from the industry and government would help tackle the issue in a comprehensive manner. Several organizations are restructuring and reconsidering policies so as to increase consumer trust regarding internet economy.</p>
<p>&#13;
<p>The research report titled “E-Commerce: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report briefly discusses the trends in the e-commerce market, focusing specially on the dynamics of the B2C e-commerce market, along with the Internet usage pattern and online purchases by product segment. The report also recapitulates recent noteworthy mergers, acquisitions, and other strategic developments. Regional markets briefly abstracted include the United States, Canada, Europe, France, Germany, Italy, the UK, Spain, Rest of Europe, Asia-Pacific, Japan, China, South Korea, India, Latin America, and Rest of World. Market discussions in the report are punctuated with fact-rich market data tables. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.</p>
<p>&#13;
<p>For more details about this comprehensive industry report, please visit – &#13;<br />http://www.strategyr.com/E_Commerce_Industry_Market_Report.asp</p>
<p>&#13;
<p>About Global Industry Analysts, Inc.&#13;<br />Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology cutting while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world&#8217;s largest and reputed market research firms.</p>
<p>&#13;
<p>Follow us on LinkedIn</p>
<p>&#13;
<p>Global Industry Analysts, Inc.&#13;<br />Telephone: 408-528-9966&#13;<br />Fax: 408-528-9977 &#13;<br />Email: squeeze(at)StrategyR(dot)com&#13;<br />Web Site: http://www.StrategyR.com/</p>
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		<title>Consumer reports: best credit cards</title>
		<link>http://credit-cards-galore.com/credit-cards/consumer-reports-best-credit-cards/</link>
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		<pubDate>Fri, 10 Feb 2012 13:14:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Cards]]></category>
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		<description><![CDATA[Important credit card advice from Consumer reports on the best cards available.Video Rating: / 5]]></description>
			<content:encoded><![CDATA[<p>				<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/5cC_P59dP5o?fs=1"></param><param name="allowFullScreen" value="true"></param>				<embed src="http://www.youtube.com/v/5cC_P59dP5o?fs=1&#038;rel=0" type="application/x-shockwave-flash" width="425" height="355" allowfullscreen="true"></embed></object><br/>
<p>Important credit card advice from Consumer reports on the best cards available.<br/><strong>Video Rating:  / 5</strong></p>
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		<title>5 Credit Card Facts Students Won&#8217;t Learn in College</title>
		<link>http://credit-cards-galore.com/credit-card-tips/5-credit-card-facts-students-wont-learn-in-college/</link>
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		<pubDate>Wed, 08 Feb 2012 12:12:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[5 Credit Card Facts Students Won&#8217;t Learn in College &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; &#13; Los Angeles, CA (PRWEB) January 16, 2012 As college students return back to school, credit card companies will &#8230; <a href="http://credit-cards-galore.com/credit-card-tips/5-credit-card-facts-students-wont-learn-in-college/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><br/>5 Credit Card Facts Students Won&#8217;t Learn in College &#13;        &#13;      &#13;    &#13;    &#13;          &#13;        &#13;    &#13;    &#13;    &#13;    &#13;        &#13;                  &#13;
<p class="releaseDateline">Los Angeles, CA (PRWEB) January 16, 2012 </p>
<p> As college students return back to school, credit card companies will be waiting for them. Unfortunately, too often is the case where credit education falls by the waist-side. StudentCreditCards.com has put together a tip sheet with 5 little known facts about the credit card.</p>
<p>&#13;
<p>1. The first ever credit card was the Diners Club card, first issued in 1950 for people to use in a select group of New York City restaurants. Although individual businesses, such as oil companies, hotel chains, and department stores had issued charge cards before, this was the first example of a card that individuals could use to pay their bills at multiple businesses. The idea caught on, and within a year, over 20,000 people had the Diners Club credit card. By 1958, both American Express and BankAmericards entered the market, and the rest is history. Today, the BankAmericard, now renamed Visa, is the most common type of card, followed by MasterCard, American Express, and then Discover.</p>
<p>&#13;
<p>2. Applying for multiple credit cards in a short period of time can lower your credit score. Every time you apply for a credit card, the issuer checks your credit score. This is called a credit inquiry, and it is noted on your credit report. Each inquiry lowers your credit score by up to about five points, and having many of them at the same time can result in an even larger impact. This is because it looks like you are desperate for credit, which indicates that you are not financially stable and might not be able to repay your debt. Statistics show that if you have made six or more credit inquiries in the past two years, you are eight times more likely to declare bankruptcy than someone who has made no inquiries.</p>
<p>&#13;
<p>3. Your credit score does not only affect whether you get approved for a credit card or loan, but it also affects your interest rate. Lenders give the lowest interest rates to people with the best credit scores because they are less likely to default on the loan. If you have a low credit score, you will have to pay more in interest because the lender is taking a big risk lending to you, and you have a greater chance of costing the lender by not repaying your debt. Therefore, having a bad credit score can cost you thousands of dollars extra in interest, especially on big loans like mortgages. With a 30-year mortgage for $  200,000, you will pay $  22,296.51 more in interest if you have an interest rate of 5.5 percent than you will with an interest rate of 5 percent.</p>
<p>&#13;
<p>4. The Credit CARD Act of 2009 helped consumers by making credit card bills much easier to read and understand. Now, all bills must clearly show the minimum payment and tell you how long it will take to pay off your balance if you make no new charges and pay only the minimum. In addition, the bill must state the monthly payment you would need to make to pay off your balance in three years and compare the total interest between the payment plans.</p>
<p>&#13;
<p>5. You can use your credit card without ever paying interest, as long as you pay off your credit card balance in full every month. This can result in an interest-free loan for up to 50 days. For example, say your billing cycle ends on the 1st of each month and your bill is due on the 22nd of each month. If you make a purchase of $  2,000 on March 2 and pay off in full the bill from the previous month that is due on March 22, you will not have to pay the $  2,000 until April 22, and you will not owe a penny of interest on it. You only have to pay interest when you start carrying a balance from month to month.</p>
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		<title>Budget Tips for College Students from Mint.com Founder Aaron Patzer</title>
		<link>http://credit-cards-galore.com/credit-card-tips/budget-tips-for-college-students-from-mint-com-founder-aaron-patzer/</link>
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		<pubDate>Mon, 06 Feb 2012 11:12:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[College]]></category>
		<category><![CDATA[Founder]]></category>
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		<category><![CDATA[Mint.com]]></category>
		<category><![CDATA[Patzer]]></category>
		<category><![CDATA[Students]]></category>
		<category><![CDATA[Tips]]></category>

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		<description><![CDATA[www.mint.com &#124; Aaron Patzer, Mint Founder &#038; CEO discusses smart tips for saving money while in college.Video Rating: 5 / 5 The best way to get out of debt is stop using credit cards and plan a spending budget. Eliminate &#8230; <a href="http://credit-cards-galore.com/credit-card-tips/budget-tips-for-college-students-from-mint-com-founder-aaron-patzer/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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<p>www.mint.com | Aaron Patzer, Mint Founder &#038; CEO discusses smart tips for saving money while in college.<br/><strong>Video Rating: 5 / 5</strong></p>
<p><br/>				<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/cJ1OOTWfDfw?fs=1"></param><param name="allowFullScreen" value="true"></param>				<embed src="http://www.youtube.com/v/cJ1OOTWfDfw?fs=1&#038;rel=0" type="application/x-shockwave-flash" width="425" height="355" allowfullscreen="true"></embed></object><br/>
<p>The best way to get out of debt is stop using credit cards and plan a spending budget. Eliminate debt with tips from a consumer credit counselor in this free video on personal finance management. Expert: Maria Enomoto Contact: www.gotdebt.org Bio: Maria Enomoto works as a credit counselor for Consumer Credit Counseling services in San Jose, California. Filmmaker: Bing Hu<br/><strong>Video Rating: 5 / 5</strong></p>
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		<title>Q&amp;A: How many credit cards should you have to get the maximum fico boost?</title>
		<link>http://credit-cards-galore.com/credit-cards/qa-how-many-credit-cards-should-you-have-to-get-the-maximum-fico-boost/</link>
		<comments>http://credit-cards-galore.com/credit-cards/qa-how-many-credit-cards-should-you-have-to-get-the-maximum-fico-boost/#comments</comments>
		<pubDate>Sat, 04 Feb 2012 10:12:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[boost]]></category>
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		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Fico]]></category>
		<category><![CDATA[many]]></category>
		<category><![CDATA[maximum]]></category>
		<category><![CDATA[should]]></category>

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		<description><![CDATA[by The Library of Congress Question by Alex L: How many credit cards should you have to get the maximum fico boost?What is the ideal number of credit card to get the best possible fico score. I don&#8217;t have late &#8230; <a href="http://credit-cards-galore.com/credit-cards/qa-how-many-credit-cards-should-you-have-to-get-the-maximum-fico-boost/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<div style="float:left;margin:5px;font-size:80%;"><img alt="credit cards" src="http://farm3.staticflickr.com/2098/2178345315_3bcbe4f906_m.jpg" width="160"/><br/> by <a href="http://www.flickr.com/photos/8623220@N02/2178345315">The Library of Congress</a></div>
<p><br/><strong><i>Question by Alex L</i>: How many credit cards should you have to get the maximum fico boost?</strong><br/>What is the ideal number of credit card to get the best possible fico score. I don&#8217;t have late payments on my mortgage or credit cards. Thanks for the help<br/><br/><strong>Best answer:</strong><br/>
<p><i>Answer by eyeswideopen37880</i><br/>To my knowledge, it doesn&#8217;t matter how many credit cards you have as long as you keep your debt to credit ratio as low as possible.</p>
<p><br/><br/><strong>Know better? Leave your own answer in the comments!</strong><script type="text/javascript" src="http://www.generateuniquecontent.com/js/ucg.js?qid=334052"></script></p>
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		<title>Credit Card Debt, Bankruptcy,&amp; personal finance for doomers</title>
		<link>http://credit-cards-galore.com/credit-cards/credit-card-debt-bankruptcy-personal-finance-for-doomers/</link>
		<comments>http://credit-cards-galore.com/credit-cards/credit-card-debt-bankruptcy-personal-finance-for-doomers/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 09:12:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[Bankruptcy]]></category>
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		<category><![CDATA[Debt]]></category>
		<category><![CDATA[doomers]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Personal]]></category>

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		<description><![CDATA[Get cutting edge information at www.FutureMoneyTrends.com Subscribe, rate, and comment Options for people in debtVideo Rating: 4 / 5]]></description>
			<content:encoded><![CDATA[<p>				<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/EheWeL5WjTY?fs=1"></param><param name="allowFullScreen" value="true"></param>				<embed src="http://www.youtube.com/v/EheWeL5WjTY?fs=1&#038;rel=0" type="application/x-shockwave-flash" width="425" height="355" allowfullscreen="true"></embed></object><br/>
<div style="float:left;margin:5px;"><img src=http://i.ytimg.com/vi/EheWeL5WjTY/default.jpg /></div>
<p>Get cutting edge information at www.FutureMoneyTrends.com Subscribe, rate, and comment Options for people in debt<br/><strong>Video Rating: 4 / 5</strong></p>
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		<title>TOP FIVE TRAVEL TIPS IN JAPAN!</title>
		<link>http://credit-cards-galore.com/credit-card-tips/top-five-travel-tips-in-japan/</link>
		<comments>http://credit-cards-galore.com/credit-card-tips/top-five-travel-tips-in-japan/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 08:12:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Card Tips]]></category>
		<category><![CDATA[FIVE]]></category>
		<category><![CDATA[JAPAN]]></category>
		<category><![CDATA[Tips]]></category>
		<category><![CDATA[Travel]]></category>

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		<description><![CDATA[wanna go to Japan? these tips for go there! www.GetSimpleSolution.com Japan has always been a nice to go country, but Japan may prove to be a trip disaster if you are not well prepared.So there are the solution: If you &#8230; <a href="http://credit-cards-galore.com/credit-card-tips/top-five-travel-tips-in-japan/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>				<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/pWeiOExHcgU?fs=1"></param><param name="allowFullScreen" value="true"></param>				<embed src="http://www.youtube.com/v/pWeiOExHcgU?fs=1&#038;rel=0" type="application/x-shockwave-flash" width="425" height="355" allowfullscreen="true"></embed></object><br/>
<p>wanna go to Japan? these tips for go there! www.GetSimpleSolution.com Japan has always been a nice to go country, but Japan may prove to be a trip disaster if you are not well prepared.So there are the solution: If you are planning to tour around Japan for more than 7 days and want to explore further than Tokyo, it is highly recommended that you buy a JR pass. Never hop onto a taxi from the airport to your destination unless you are very rich. A taxi ride starts from around 660 yen and costs more than USD200 for you to get from the Narita Airport to Tokyo city. Tip 3 If you are on a free and easy trip, keep your luggage light or travel with a backpack. Some train stations, especially those off city areas, only have an ascending escalator, hence you want to be sure that you can lug your luggage down and up the station stairs. Tip 4 Carry enough yen on you for your meals and shopping sprees. Japan is still a cash dominant society though most major shopping malls and restaurants accepts credit card. Tip 5 Learning some simple Japanese will be useful for moving around Japan, though most Japanese are very helpful. learn more about japanese, please visit: www.GetSimpleSolution.com<br/></p>
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		<title>Is it better for your credit to have several credit cards with moderate limit, or one card with a high limit?</title>
		<link>http://credit-cards-galore.com/credit-cards/is-it-better-for-your-credit-to-have-several-credit-cards-with-moderate-limit-or-one-card-with-a-high-limit/</link>
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		<pubDate>Sun, 29 Jan 2012 07:14:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[BETTER]]></category>
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		<category><![CDATA[High]]></category>
		<category><![CDATA[limit]]></category>
		<category><![CDATA[moderate]]></category>
		<category><![CDATA[several]]></category>

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		<description><![CDATA[Question by shooter 1: Is it better for your credit to have several credit cards with moderate limit, or one card with a high limit?I have zero debt. I also have several credit cards. I am wondering how it will &#8230; <a href="http://credit-cards-galore.com/credit-cards/is-it-better-for-your-credit-to-have-several-credit-cards-with-moderate-limit-or-one-card-with-a-high-limit/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><br/><strong><i>Question by shooter 1</i>: Is it better for your credit to have several credit cards with moderate limit, or one card with a high limit?</strong><br/>I have zero debt. I also have several credit cards. I am wondering how it will affect my credit to request the highest limit for each card, or if I should cancel all but 2 and have those with high spending limits. Along the same lines, how does &#8220;available&#8221; ascribe affect one&#8217;s credit score negatively or positively? If I get a $  50,000 limit on a card (with  balance) but say, go to buy a car, will I be denied because I have too much credit out there?<br/><br/><strong>Best answer:</strong><br/>
<p><i>Answer by talr</i><br/>It&#8217;s better for your credit to have several cards with modern limit, as the FICO formula used by the credit bureaus consider the number of credit lines in good credit (by their type, e.g. revolving credit, installment loans etc). A lower number of credit lines will result in a lower score (since you&#8217;ll have more limited history).Obviously that assume all of them are in good standing &#8211; if they&#8217;re not, the picture changes dramatically.As to the total credit, what they look at is which percenage of your total credit are you using, and for that it&#8217;s irrelevant how it&#8217;s distributed between the credit lines.</p>
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