“FICO scores don’t punish people for having a lot of credit cards.” – Eva Norlyk Smith, Ph.D., “longtime correspondent for Credit Card Guide”
“Too many bank/national revolving accounts” – “US FICO credit risk score reason codes,” Fair Isaac (FICO)
“Consumers with a moderate number of credit accounts appearing on their credit bureau report represent lower risk than consumers with either a relatively large number of credit accounts or a very limited number of credit accounts.” – “FICO Score Factors Guide” – ScoreInfo, Fair Isaac (FICO)