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Poll Results: Majority of Young Professionals Have 1-2 Credit Cards

| November 2, 2012 | 0 Comments

Last weeks poll results are in. We asked everyone how many credit cards they own and there was a clear #1 response. Below are the results.

How many credit cards do you own?

None – 16%

1 – 2 – 42%

2 – 3 – 21%

3 – 5 – 5%

5+ – 16%

Why do you think the results came out this way? The only surprise for us (maybe even a concern) was the vote for 5+ credit cards. We believe that credit cards serve a great purpose for many people. There are many advantages to having and using a credit card the right way. However, once you start trying to manage to many cards you can quickly find yourself missing payments and making errors. Credit cards are a great tool but you have to understand how to use them to your advantage.

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Category: Credit Cards