Credit and Credit Scores: A short lesson

[Lestat]

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I believe that having this many unused cards could actually hurt your score, since having this many cards means that the potential is there for you run up large debts.

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As long as your utilization remains low, having a large number of cards should not have an adverse effect on you score. Of course, appplying for new cards will have a short term effect on your score as the result of the hard query... as will having a bunch of newer cards as this will decrease the average age your accounts have been open.

I have 14 revolving lines of credit at the moment but keep my utilization very low and my score is plenty good (good enough for the lowest rates available).

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What's good? Do you know what your score is?