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How does opening a 2nd credit card affect credit rating?

Posted on August 26, 2010, 3:49 am, by , under Credit.

Ryan asked:

I currently have a card (since 2006) with excellent history and want to open a second card (I also have an AMEX that is actually a subaccount of my fathers for which he is liable for)….How will this affect my credit rating.

Zachary

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Tags: Amex, credit card, Credit Rating, Subaccount
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