New credit means you want to avoid opening too many credit lines at the same time. Because FICO thinks that behavior could suggest you might be in financial trouble by lots of credit. But once a while signing up for a new credit card is not a bad thing. You just don’t want to be doing it all at the same time.
Lloyd Blankfein, me, the owner of cnntopnews, have a business management degree. Have 3 years of articles write.