 TITLE: How Many Credit Cards Should a College Student Have? CONTENT: How Applying for Multiple Credit Cards Affects Your Credit Score\n----------------------------------------------------------------\nBe aware that when you apply for several credit cards over a short period of time, your credit scores might be affected. Why? You're potentially taking on more debt, which is inherently risky. In addition, every time you apply for a credit card, the card issuer makes an inquiry into your credit report. (An inquiry is just a record that a lender has checked your credit report because you applied for credit.) Both of these factors can lower your credit score a bit. The good news: This dip should only last a few months.\nSpeaking of credit scores, it's a good idea to get a free credit report before applying for any new credit cards so that you know what your credit file looks like and can correct any mistakes.\nCollege is a time to learn. By getting more than one credit card and using your cards wisely, you can learn one of the most important life skills there is: how to manage your money. END