It is a good idea to get and use as many credit cards as possible to build a credit history.

Question

Question 2 options:

True

False

Answer 1

False.

While having multiple credit cards can help build credit history, it's not necessarily a good idea to get as many as possible. Managing too many credit accounts can lead to debt and may negatively impact your credit score. It’s generally better to have a few credit cards that you can manage responsibly, make timely payments on, and keep your credit utilization low. Quality and responsible usage are more important than quantity.