I have 6 credit cards, if i apply in bank for a loan then having lots of credit cards can be reason to reject my loan application?

[kush]

have 6 credit cards, if i apply in bank for a loan then having lots of credit cards can be reason to reject my loan application?

 

[Skylar]

have 6 credit cards, if i apply in bank for a loan then having lots of credit cards can be reason to reject my loan application?

If you are applying for a personal loan, this factor should be taken into account. However, for a home loan or any secured loan, it typically won’t pose an issue unless an older individual reviewing your application rejects it due to overleveraging.