Do I have too many credit cards? Here's the answer [Yahoo! Finance]
NerdWallet, Inc. (NRDS)
Company Research
Source: Yahoo! Finance
The average person owns nearly four credit cards, according to Experian. Is that too many? There isn't a formula to determine the “right” number of credit cards a person should have, but there are some pros and cons to having more or fewer. Older people tend to have more credit cards than younger people, according to data collected by Experian , one of the three major credit reporting bureaus. Gen Z consumers have two on average, while baby boomers have twice as many. People living in populous areas also tend to have more credit cards than those who live in smaller population centers. A person should consider their unique financial situation to determine how beneficial a new card might be. Americans in these US cities have the most debt Building credit starts with opening a line of credit, either through a credit card or a loan. The more accounts you have in good standing, the easier it is for credit scoring models to issue you a score and make you attractive to lenders
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NRDS
Earnings
- 10/29/24 - Miss
NRDS
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form SC
- NRDS's page on the SEC website