I heard that canceling credit cards negatively affect your credt score better to keep active with li

balance? but what about those with annual fees? i keep them actve dont use them but pay that fee?

I heard that canceling credit cards negatively affect your credt score better to keep active with little to no

That only matters if you plan to continue to play with snakes.

Tell the banks to EFF OFF and quit putting yourself into slavery to the Great FICO!

I heard that canceling credit cards negatively affect your credt score better to keep active with little to no

Having too much open credit also hurts your score. Quit worrying about you FICO score and just use your own judgement. Pay off cards EVERY month and only use them in an emergency.

Pay CASH!

www.daveramsey.com

I heard that canceling credit cards negatively affect your credt score better to keep active with little to no

you should find a card with no fee and then call your current credit card company and ask them to waive the annual fee. then charge a small amount each year and pay it off in full. Never cancel your card unless you are in serious financial debt and cannot control your spending

I heard that canceling credit cards negatively affect your credt score better to keep active with little to no

your credit score should still be going up if you pay on time in my opinion i would cancel all cards not needed and up grade the best one .

I heard that canceling credit cards negatively affect your credt score better to keep active with little to no

Yes, that is exactly what you do if you have no other balance on the card. FYI, some companies will automatically close the account after inactivity for 30-90 days. I would suggest like maybe making a $1-$5 charge every so often at least just to keep the account and history to help increse / maintain your fico score.