Can HAVING too MUCH CREDIT HURT YOU? | How MANY CREDIT CARDS Should You Have?

CAN HAVING TO MUCH CREDIT HURT YOU? How many credit cards should a person have?? Is Having Too Much of a Credit Limit Bad For You? In this video, Radikal Hughes also known as the

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📺 5 Things Never To Write On Credit Card Applications

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Financial YouTubers like Richard Fain and Noelle Randall talk about how I use Credit Cards to Make Money with No Money! Credit Card Arbitrage is an excellent way to build wealth and many Real Estate Investors use Credit Cards to Make Money with No Money!

Some of the other Credit Card Utilization Myths are that most people will tell you to keep your utilization at 30%. Not me. You should actually keep it at 0% but actually use 100% of your credit. How can you do this? You see, if you use 100% of your credit limit and pay it off every month, you demonstrate you are a good credit card user and the issuer will quickly increase your score. Keeping your utilization at 100% will indeed make you score lower but there is a way to get around this by paying the full 100% right before the statement date. Using this method, I and many other are able to quickly increase the limit very quickly.

Common Credit questions that I often get is How to pay your credit card bill to increase your credit score, and what income should you put on a credit card application? A really a popular question is When To Pay Credit Card Bill (INCREASE CREDIT SCORE!) and when to apply for your next credit card?

In a future video I will explain to you the the 6 Credit Card MISTAKES To Avoid As A Beginner and the Best Day To Pay Credit Cards To Boost Credit Score 2023! In thees CREDIT CARD 101 videos it will be full of Financial Literacy!

🚨 FINANCIAL DISCLAIMER 🚨
I am not a lawyer and I am not a financial advisor! Any advice I give is solely based on MY OWN EXPERIENCE and MY OWN RESEARCH and is my views and opinions for ENTERTAINMENT PURPOSES ONLY! There is no guarantee as there are many variables that will impact your success. Everything stated on my videos and on my channel is for ENTERTAINMENT PURPOSES ONLY and should be taken as OPINION and NOT FINANCIAL ADVICE!

Radikal Hughes also known as the Radikal Marketer makes Youtube Videos similar to other Youtubers such as Noelle Randall, Credit Suite, Earn Your Leisure, Credit Plug, Kelvin McNeil, Andrew Cartwright, Brian Jung, Ryan Pineda, MG The Mortgage Guy,, Irv Official, Naam Wynn, Karlton Dennis, and the Social Proof Podcast!

#credit #creditcards #radikalmarketer

[RadikalMarketer]

SMASH that 👍🏼 BUTTON and TATTO that COMMENT SECTION 😎

[VillainStatus]

I am glad you brought this up. The problem I have is keeping utilization at 1% and not paying interest. When I stay at 0% utilization it hammers my score. I have a TCL of $202, 300 and hope to snag the Navy Federal Flagship card later in the year. People think I'm lying when I say I have that TCL, and I tell them there are people with way more than me! Business credit is next. Thank you for dropping constant gems, and congrats on reaching the seven-figure club.

[b.davidrainwater]

BOOM generist or specialist. Great YouTubers who have great intro knowledge and so forth yet general.

Rad is the best specialist with very specific data I have seen.

Who makes more money, a primary doctor or a heart surgeon?

And if this is the level of learning Rad gives a way, I am very curious what he offers behind closed doors. Anyone else feel the same way?!

Keep bringing it!

[Whilewearestillhere]

Great review! Watching you I've gained 255k on 22 cards. Currently running at 7% usage. Chase won't approve me because of the 5/24. Gardening until next July...

[tfsmith]

Just a quick correction, you said that you can get 3 cards with Navy Federal equaling $180, 000. The correct information is yes you can only have three cards but the credit limit across all three cards is capped at $80k total.

[rosesme]

From day one, Rad got the kick in his step; and in 2023 he still ain't tired yet!!!! You're kicking azz and taking names! All stuff and NO fluff! I'm coming for NIH next. Thanks for ALL that you do. I wish you peace, prosperity, good health, and blessing for 2023.

[lianalonge]

I have $85, 100 total SL with an annual salary of over a $150K. This doesn’t include my Amex Platinum, Gold, and Green and FCU LOC. This amount is more than enough for me. 😁

[dahnic]

TOO! Come on Rad got keep an eye out for the typos! Too much credit. 👍🏽

[genolucero]

Liked button smashed. Keep your videos coming. Masses need to know your message and purpose.

[ricardotorres]

Maximum exposure for navyfederal is 80 grand between 3 cards

[ThVultur]

I now have 11 credit cards with physical limits and have $24, 250 in personal cards and $4100 in business credit cards. One is a charge card, the Amex Green card which is no preset limit. I'm good for now. 12 personal and 1 business. I see nothing right now on my radar for at least a few months and possibly a year. I'm trying to get under 5/24 which should be at least in another year or two.

If their no annual fee, if you prefer one, put a small charge every now and then to keep it open once every few months even better if a monthly recurring charge and on autopay. In this case, the other 2 and it will keep them open, increase the available credit available to you and your utilization will be much lower and raise your score.

[houseofob]

📚📖📓📚📖📚 school is in session‼️ Take notes‼️

[JohnSpongberg-mpqd]

Why would we want to have large tcl's on personal if we can use business credit? There are large tcl's there and it doesn't kill our for more business credit cards. Let's all strategize. Thanks for all you provide/offer.

[b.davidrainwater]

What is a rule of thumb on personal vs personal vs business credit? Or lender specific resources we can hunt if you know any?

[justinconnelly]

Rad!!!! What happened to the YouTube channel???? I’m trying to get into the mentorship program!!

[aliawells]

The trick is to listen like a podcast when working. So, I am not just a stalker. 🤣🤣🤣🤣

[doseofmotivation]

I believe too much credit on the personal side is hurting me. 6% utilization and no pre approvals

[glassboi]

let’s just say a friend helped someone pay of their debts
What if they have 100k paid off debt and one au and the person makes 48k a year