<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by sowalsky:
Having many credit card sign-ups in short periods of time hurts your credit report, while many 'hard-credit-pulls' by new creditors in a short period of time hurts your FICO score.</font>
sowalskyI agree. Generally there is the risk that this "credit card hopping" (for miles) hurts your FICO score.
I did the same, however, may be not as extensive as sylvia. Still, I had plenty of new cards in the last two years or so. And what happened: My FICO score went up!?! From very good to very, very good.
I would recommend that sylvia should check her FICO Credit Score on the internet - from Equifax for some $12 or may be free from E-LOAN.