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Gaining more credit

If I had my first credit card could I apply for lots more?
Whats the limit you of the amount you can apply for?
Is it better to wait a long time between between cards? How long?
What else can I do to keep up my rating?

Cheers

Comments

  • Moggles_2
    Moggles_2 Posts: 6,097 Forumite
    If I had my first credit card, could I apply for lots more?

    No, not immediately. It takes time to build a good credit rating.
    What's the limit of the amount you can apply for?

    That depends on your income.
    Is it better to wait a long time between between cards? How long?

    'Depends on your circumstances, but certainly not less than 6 months.
    Once you've operated a starter card and at least one other credit card for a bit, you'll find it easier to get the cards and credit limits you want.
    What else can I do to keep up my rating?

    For tips to improve your chances of credit card acceptance, have a look at the *Credit Rating: how it works and how to improve it guide* especially Martin's *Manage and Improve your credit score* article ;)

    http://www.moneysavingexpert.com/banking/credit-rating-credit-score#improve
    People who don't know their rights, don't actually have those rights.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Best to learn to save up for things your want.

    If, as your previous posts say, you are an undischarged bankrupt with a BRO then it would seem likely that your chosen path will end with a CIFAS mark for fraud .. which won't help you getting a mortgage now or in the future.
  • Bismarck
    Bismarck Posts: 2,598 Forumite
    could I apply for lots more?
    Whats the limit you of the amount you can apply for?

    will someone turn the alarm off, it's wrecking my ears.

    even if you meant to say "should I start with one card and possibly move on to more credit in due course", the prospect is still alarming...
    For what I've done...I start again...And whatever pain may come ...Today this ends... I'm forgiving what I've done -AF since June 2007
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