Originally Posted by
100countrygoal
Agree with the above posts. . . I don't believe having more credit cards really gives you a greater risk. As long as you can at least view the statements, then you shouldn't have to worry about errant charges.
The real "risk" is that you may start to run up charges on the various cards, not be able to pay them off, start running up greater and greater interest charges, etc. But, if you are confident you have a handle on your spending, I'd say go for it. (carefully!)
There is no concern about spending too much because of credit cards. Its more of bad guys scamming the IDs and PINs, data bases with my numbers in it. What about thieves coming in and doing damage to my cards or taking same even when I keep these at home when not in use.
Last edited by 1Newflyer; Jan 26, 2012 at 8:56 am