Archive for June, 2006

credit cards
I Love My Sailor asked:


I have four credit cards and I want to put the amount owed all onto one credit card with a lower intrest. I also don’t have very good credit. Any help would be useful. Thanks.
The amount owed is not more than 1,500 between the four. I always pay double of what the minimum payment is.

Jerrell Leeder
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credit cards
hydra1970 asked:


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?

Carlos
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credit cards
Shana asked:


over the years I opened and closed credit cards. I only want to have 2-3 credit accounts. But I am not interested in having mroe then that. Lately I found out that at some point I opened a Sears card to get a discount in Sears for something. I compeltely forgot about it and I had to call and cancel it.
Any recommendations on how to check what credit accounts are still opened?

Timothy Robotham
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credit cards
ent asked:


I just added a sixth credit card because I wanted one that had a cash back rewards program. I only use three credit cards, one for personal, one for work and one for recurring bills like cable. Should I cancel one (or more) or keep all six accounts open? What’s best for my credit score?

Lester Javens
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June 2006
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