Question

How many credit cards should you start with if you are trying to create good credit?(1 point)

Answer 1

To start building good credit, it's generally recommended to have at least one to three credit cards. Having one card can help you establish credit, while multiple cards can diversify your credit mix and potentially improve your credit score, as long as you manage them responsibly by making timely payments and keeping your credit utilization low. Remember to choose cards with favorable terms and avoid opening too many accounts at once, as that can negatively impact your credit score.