Rating: +10


Positive


Negative

Normally No! But these days with credit being offered to DOGs, who knows. My first card was a gold card. I had no job, hadn’t had one for years. Nor did I have any other form of income. Now I have three cards all of them platinum and I don’t want any more. (It’s not good for your credit rating to have too many cards even if you don’t use them!) I’ve done a little freelance work over the past several years but nothing steady or longterm. Right now, I only work part time, yet each one of my cards (only one carries a small balance - less than $1000) has a limit of over $10,000, and my interest rates range from 5% to 9.9%. See, good credit is rewarded with low interest rates. I would never pay the exorbitant interest rates a lot of cards charge - it’s outrageous.

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