Cancel Credit Cards
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Thread created 12-25-2012 by redls1
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Another consideration is what you plan to do in the next 12 or so months. If you don't plan on buying a car or house your FICO score doesn't really matter that much. Go ahead and cancel. If, however,...
Cancel Credit Cards
Expired
Thread created 12-25-2012 by redls1
0 Score
4 Replies
1,175 Views
I have a total of about $1200 on interest free until next year and everything else is paid off monthly. If I can get them to waive the fee I will keep them.
I dont plan on making any major purchases...
Cancel Credit Cards
Expired
Thread created 12-25-2012 by redls1
0 Score
4 Replies
1,175 Views
I feel I have more than enough credit cards. Recently I got a Macy and Jc Penny card(wifes fault). I have several other cards but only use them once or twice a year and then pay them off. I have one...
Cancel Credit Cards
Expired
Thread created 12-25-2012 by redls1
0 Score
4 Replies
1,175 Views
When thinking about canceling a credit account, there are two very important things to consider:
1) Average age of accounts and oldest account.
2) Total credit extended individually, combined and...
Cancel Credit Cards
Expired
Thread created 12-25-2012 by redls1
0 Score
4 Replies
1,175 Views
It seems from what you posted that it won't be that big of a deal, but it really depends on your credit utilization. Are you using around 10% even with the card cancelled? Or will it shoot higher? If...