Having many credit cards it help or hurt my credit score?

Having many credit cards it help or hurt my credit score? Currently we have 3 active credit cards between my husband and I.
We pretty much pay off the amount that we used every month.

Since, we don%26#039;t really need all three credit cards, we are thinking about cancel one or two of them.
But I am wondering, which way my credit score is higher?
1. having many open credit cards
2. only have one credit card

Well it doesn%26#039;t effect your credit story as long as you pay all your fines in time the credit story is gonna be good

as long as you keep a small balance
make your payments on time
no problems

Answer hidden due to its low rating
Having 3 is OK. Having 10 may not be seen as being so favorable. Having a high credit limit on multiple cards increases the risk to your creditors even if you are paying off on time. Many credit card companies are feeling nervous right now and may seen to reduce limits or deny credit to people who have a good credit rating.

Your credit score would be highest if you have 2 or 3. Worse if you have MANY.

Answer Over!
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