http://www.moneyunder30.com/ask/54/seven-credit-cards-should-i-cancel-any/ Financial Questions and Answers Wed, 12 May 2010 15:57:31 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.moneyunder30.com/ask/54/seven-credit-cards-should-i-cancel-any/comment-page-1/#comment-182 Re-Think Your Credit Cards! | Money Under 30 Wed, 12 May 2010 15:57:31 +0000 http://www.moneyunder30.com/ask/?p=54#comment-182 [...] For a case study of this strategy, please see “I have seven credit cards. Should I cancel any of them?” [...] [...] For a case study of this strategy, please see “I have seven credit cards. Should I cancel any of them?” [...]

]]> http://www.moneyunder30.com/ask/54/seven-credit-cards-should-i-cancel-any/comment-page-1/#comment-17 Rick Cadden Wed, 21 Oct 2009 02:55:09 +0000 http://www.moneyunder30.com/ask/?p=54#comment-17 I agree with David's advice. I had 12 CC and paid them off and cut them up and canceled them all. My difference though is i am paying cash for everything now and will never borrow again so my credit score is really just a debt score of how much borrowing power i have. Since i am never borrowing again the credit score does not bother me. It is only a small hit anyway! I also teach FPU by Dave Ramsey and what he teaches is life changing and real. I agree with David’s advice. I had 12 CC and paid them off and cut them up and canceled them all. My difference though is i am paying cash for everything now and will never borrow again so my credit score is really just a debt score of how much borrowing power i have. Since i am never borrowing again the credit score does not bother me. It is only a small hit anyway! I also teach FPU by Dave Ramsey and what he teaches is life changing and real.

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