What impact does closing credit cards have on your credit score?


Posted March 4th, 2009 by admin 5 Comments »
credit cards
hydra1970 asked:


What impact does closing credit cards have on your credit score?
I have a number of credits that I am not using. What impact if any would closing some of these accounts have on my credit score?

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Posted in Credit | 5 Comments »

How many credit cards should I have open for a good credit score?


Posted January 24th, 2009 by admin 13 Comments »
credit cards
tgent2k1 asked:


I have 4 credit cards (limits are 1000, 3300, and two 500s) and was considering getting rid of one 500 credit card. Should I pay the whole thing off and KEEP it or GET RID of it??

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Posted in Credit | 13 Comments »