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Credit score may take a hit when credit cards are canceled

July 5th, 2010

Credit score may take a hit when credit cards are canceled
Q. I am 67 and retired. I have an American Express gold card and an American Express Hilton branded card. I would like to cancel the gold card and retain the…

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

May 28th, 2010

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?

Tags: Credit Cards, Credit, impact, credit…

How can I cancel credit cards I have without getting dinged on my FICO score?

May 22nd, 2010

I have several credit cards that have annual membership fees required. But I do not use them and have no plans on using them in the future. I’ve been told that if I cancel these cards that my credit scores will…

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

March 30th, 2010

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??

Tags: open, good, Credit, Cards,…

How many credit cards is too much to affect your credit score?

March 2nd, 2010

I am going to ask another question regarding which CC should I add to my credit card profile to add to my rewards. I have excellent credit, pay my balance in full each month, and I use my CC to pay…