New Delhi, April 17 -- In today's unpredictable financial landscape, having multiple credit cards has become increasingly common. But the question remains: does having multiple credit cards raise or lower your credit score? Let's explore this question further by discussing the advantages and disadvantages, as well as the best ways to manage multiple cards.

Before you begin using any methods, it is important to know what impacts your credit score:

In conclusion, having multiple credit cards can either improve your finances or deteriorate them depending on how you manage them. They can quickly become liabilities through poor behaviours, missed payments, or unnecessary credit inquiries.

Disclaimer: Mint has a tie-up with fin-techs for pro...