Your Credit Scores
Does cancelling Credit Cards Hurt Your Credit scores?
I have a regular visa Credit Card that I have paid in full. I have heard that cancelling the card will hurt your credit scores...is this true?
Also, I have a store credit card that is also paid in full. If I cancel this one will it hurt my scores as well?
I have been told to just cut the cards up and leave the credit lines open. Could someone please help me with this? Thank you!
**That "someone" who told you was absolutely right...
**Do a math, let us say:
--Card 1, limit $40 (for example)
--Card 2, limit $30
--Card 3, limit $30
**Total you have $100 for 100% debt free...you have $100 avaliable for you to use...
**If you cut off 2 of them, according to credit card co., you still able to spend $100.
**If you cancel your card 1 and card 2, you would only able to charge $30. With ratio they are looking at, your credit availibilities just droped big time...
**Think for yourself...
 |
 12X CLEAR FRONT BACK FULL BODY iPhone 4 4G 4S Screen Protector Cover Shield  US $2.79
|
 ub001 A Musical Play ROSE MARIE US $28.99
|
 Mini 5 Pin USB 20 Adapter Converter for MP3 Players US $.35
|
 Brand New Crest 3D Whitestrips 2 Hour Express Dental Whitening Kit US $15.51
|
 Brand New Crest 3D Whitestrips 5 Minute Touch Up Stain Shield 28 ct US $16.50
|
 NEW Genuine Original Apple iPhone 4 4G Replacement Battery 37V 1420mAh USA US $7.95
|
 Guild Wars Eye of the North PC 2007 US $5.00
|
 Weapon Model XM8 Military Gun Assault Rifle Key Chain keyfob keyring 10cm US $3.99
|
 Star anise national knife Hunting Survival Fixing knife Sheath camping knives US $26.99
|
 Women Dots Pattern Purse Wallet Ladis Non woven Rose Red New US $11.95
|
| Powered by phpBay Pro |
We hope you liked our selection of Your Credit Scores, here a few more related products that might interest you;
![Pride & Prejudice [Music from the Motion Picture]](http://www.howtogetcheapcredit.com/images/i/517BXAZT3JL._SL160_.jpg) |
Pride & Prejudice [Music from the Motion Picture] List Price: $18.98 Sale Price: $10.72 Used From: $9.88  |
|
The year 2005 was big for Italian composer Dario Marianelli. His score for The Brothers Grimm received much applause (probably more than the film itself) and a few months later he came back with another batch of compositions for a period film... |
 |
Backatown List Price: $10.99 Sale Price: $7.55 Used From: $7.53 |
|
TROMBONE SHORTY BACKATOWN |
 |
The Thomas Crown Affair: Music From The MGM Motion Picture List Price: $13.98 Sale Price: $9.57 Used From: $2.00 |
|
The Thomas Crown Affair is a caper story with a new (well, retread) twist: Pierce Brosnan plays a guy who can afford virtually anything, so he attempts to get something he can't, a Monet. It's a movie fitting of a polished, well-produced soundtrack, which is exactly what this disc delivers... |
 |
The Credit DVD: Fundamentals List Price: $24.95 Sale Price: $39.95 Used From: $106.04 |
|
This DVD was edited word for word by the people who created the FICO score-Fair Isaac Corporation. This DVD will help you establish, build, fix, improve, maintain and protect the three most important numbers to your financial health, your FICO score... |
 |
The Credit DVD: Fundamentals and Advanced List Price: $34.95 Sale Price: $41.97 Used From: $20.97 |
|
These two discs DVDs was edited word for word by the people who created the FICO(R) score-Fair Isaac Corporation. These DVDs will help you establish, build, fix, improve, maintain and protect the three most important numbers to your financial health, your FICO(R) score... |
Other recommended sites for Your Credit Scores
Your Credit Scores
Tagged with: credit • fix your credit scores • get your credit scores • how to get your credit scores • how to improve your credit scores • know • scores • to • your • your credit scores
Filed under: Improve Your Credit Score
Like this post? Subscribe to my RSS feed and get loads more!
Leave a Reply