Some good advice here.
So good it's a shame some of you guys aren't heading to Congress to get this nation straightened out.
As we all know the current blue suits are killing us!!!!

Just curious about something that keeps getting mentioned.
Why does cancelling a cc that no longer carries a balance hurt your credit??
I was fortunate to pay off my home last year and my truck the year before that and was actually contemplating getting rid of three of the four cc's i currently own.
Now i dunno??
Explain please.

Last edited by Texas Hunter; 10/21/08.