Paying rotten credit cards? Is it better for my credit rating to close my credit card

Is it better for my credit rating to close my credit card accounts which have be paid rotten in full or to hand down them open?

If they are rewarded off and your spend smaller amount than you earn, it doesn't matter. CASH works better than angelic credit everywhere.

I have other left mine unambiguous, they close them for you after a while.
It has never artificial me opening a foreign one.

LEAVE them overt! In fact, form small purchases each month or so and settle up those of right away, leaving a small set off of even 5 dollars is even better.

try and clear your credit card quicly and take off them open incasse you entail something its all up to you.
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Always close the accounts that have be paid past its sell-by date in full so that your credit ranking goes up.

It's better to leave them unfold - you will get a high credit rating if you do, but of course you will other have to keep under surveillance out that nobody uses them fraudulently.

close them...definitely...if you don't the hill looks at it like you still own the opportunity to use that credit..
Keep one main acctbut any little ones, influence you opened one a moment ago to save 10% and you know you won't be going spinal column there...close it..

Answers: Close them. Too mouth-watering not to use and it can all be so flowing to build a mountain of debt up.

If u can afford any credit card standing charges next by leaving it sympathetic shows that u have a pious credit rating, thats if u pay ur card bill on the dot. If ur struggling say due bto individual made unemployed etc, after the best thing is to cut it up and close report especially if ur debt free, because if u dont then as u struggle near will be temptations for u to use the card which will put u in debt and start adjectives sorts of probs for u. If ur debt free then call upon the card company, tell them that ur out of work at present and that u will to either close or suspend ur card details to safeguard you from getting into serious debt risks. The card company will respect u for doing so and they may tell u to verbs ur card/s and return them to them and they may keep ur article in suspend untill ur contained by a position to use again. I recon u will still have ur angelic credit status held by card company as u made the best move before getting surrounded by a hell of a mess and getting a black mark against ur credit rating. Think more or less it, why pay for a card if u cannot use it, by recitation the card company thaT U HAve temporary prob and craving to play safe, u will gain ur cards back when u return to work. Good luck.

I am sorry I didnt read ur give somebody the third degree properly, i am disabled. Well if ur in full time employment and the card fees are no probs, all right its up to u, I cut mine up when I fell ill and become disabled back contained by 1990, I payed back what I owed via an agreement beside card company to suspend intrest untill the amount fell to an acceptable amount. I never askied for it fund as I pay things currency, if I cannot afford I dont buy simple as that. Credit cards are a curse, u can get into hell surrounded by all states, I use a debit card which comes out my cheque sketch, so if there is not plenty in aqccount consequently again I dont buy. Try and live without ur cards, it will be tricky for some people at start but when u see ur reserves account rising next it will give u a boost, also u put aside and something nice crops up u fancy, and it costs a few bob and hey I have save so much by cutting up my cards that i can afford this, I can clear it in dosh and its mine right away and hey I still have a bundle of bread sitting in my funds account, adjectives because I took this guys advice and get shot of my credit cards.

You will thank me if you do.

Please let me know within time to come how you are managing things and if my advice help.

Good luck, Jimmy Scottish disabled gentleman living surrounded by Essex England

If you are hoping to seize other credit in the implicit future, after it is best to close your unused accounts.
The ideal number of credit agreements that lenders look for is between 2 and 4. Less than this and nearby is not enough evidence of your potential to handle credit, much more than this and they commence to think that you are "over-extended", that is to say, if you went barmy and maxed out your credit cards, you would not be able to afford repayments.

See below for a fuller explanation:

To be honest it depends greatly on how dated the Cards are and how much you have as a mark out. always hold on to your oldest card open. And use your oldest card to buy a pop later pay it stale. This gives you the best history. Having to heaps Cards with borders can also be detrimental, even as unused card. Never use more than 30% to 40% of credit limits.

I recommend going to myFico.com buy the simulator and find out from the credit agencies them self what would be best.

Maybe you can try below website to grasp the information. It's about credit card articles for your second view

Leave them open and charge a small amount once surrounded by a while to keep it plain, then repay the ammount due in full the subsequent month. That boosts your credit score.

it's best to leave them openi hope my explanation make sense:

say you own 5 cards all next to a $2000 credit limit. If you repay 4 off and solely owe $2000 on the last oneyou will own a credit to credit limit ration of $2000 to $10,000. If you close the 4 that you remunerated off your credit to credit check ratio becomes $2000 to $2000 which resources you owe your total credit limitso it looks worse than if you only owed 1/5 of your factor.

hope this helps!

If you're up to your eyeballs in credit card and other debt, paying the minimums and little else, it's time to seize serious.

The best way to win rid of debt, experts agree, is to attack the balance next to the highest annual percentage rate first. When that one is compensated off, move onto the debt next to the next-highest interest rate.

But always attack that high-interest debt first. On that debt, you want to "double, triple, quadruple minimum payments
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