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Credit Cards - How many is too many?
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Mortgage lending rules are also being tightened.
Spending commitments have been looked at for deacdes but now it's more detailed e.g. haircuts, takeaways etc.
This might not directly relate to available credit, but it's certainly true to say that at the moment lenders are quite risk averse, so you want everything to be in order.
I'm not saying don't take that cashback card, but if you have other borrowing requirements then I am saying think about your priorities.
very fair points. i think prioritising things, in general, is important.
i wouldn't part with Amex Cashback for anything though;)0
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