Submitted by ramonrx on Sun, 01/09/2011 - 18:54 Forums Credit repair to maintain a good credit score, what is best way to eliminate, cancel or dispose of two credit cards I do not need nor want? cinnamngrl actually closing credit cards will not improve your score. if the cards don't have a fee, you should keep them open at a zero balance. this will give you a higher debt to available credit ratio. this is an important factor in factoring your score Log in to post comments Sun, 01/09/2011 - 20:02 Permalink cinnamngrl you know Samantha, I am not sure that is worth paying a yearly fee on a card, but having more available credit improves your score. Log in to post comments Sun, 01/09/2011 - 20:59 Permalink Log in to post comments
cinnamngrl actually closing credit cards will not improve your score. if the cards don't have a fee, you should keep them open at a zero balance. this will give you a higher debt to available credit ratio. this is an important factor in factoring your score Log in to post comments Sun, 01/09/2011 - 20:02 Permalink
cinnamngrl you know Samantha, I am not sure that is worth paying a yearly fee on a card, but having more available credit improves your score. Log in to post comments Sun, 01/09/2011 - 20:59 Permalink
actually closing credit cards will not improve your score. if the cards don't have a fee, you should keep them open at a zero balance. this will give you a higher debt to available credit ratio. this is an important factor in factoring your score
you know Samantha, I am not sure that is worth paying a yearly fee on a card, but having more available credit improves your score.