- Jan 9, 2001
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All else being equal, which is better for your credit rating: 3 credit cards from 3 different (major) banks, or 3 credit cards from one (major) bank? Or does it make no difference at all?
AFAIK the scoring model wouldn't show a difference. If it did, it would be very miniscule. The actual formula and bucket system isn't public but the weights for different criteria are public.
The best way to boost your score is to apply for more credit and hold it for a long time. Length of positive history and utilization are the biggest factors. Keep utilization between 1-10% monthly and you will max out that section of the scoring.
