Q: I’m almost at the credit limit on the two credit cards I have. Could opening a third card help to bring my credit score up?
A: What you're trying to do by opening another account is to lower the percentage of credit you're using, to improve your credit score. But if you're close to your limit on two cards already, you're likely to lower your credit score
further by applying for more credit. And if you add a balance on that new third account, it could make things worse. The best way to get a healthy score and healthy finances would be to pay down the balances on the two you already have.
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