Originally Posted by WiLL
dont close the accounts that youve had for a long time. one thing that affects your score is the length of your credit history.
Very true!
The area of trouble that people run into is all of that available credit can really mess with one's debt-to-income ratio.
The only reason I personally recommend no more than to lines of credit is b/c what does a person need that many accts for? If you need that much credit and your income supports it, great! But the more accts you have the higher your chances for fraud.