Do I need to close credit card account that I'm not using?
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cecilio
Apprentice
Joined: 25 Aug 2006
Posts: 14
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 Posted: 08/25/08 - 05:30 Post subject: |
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I have recently started working and moved into a new house. Because of that my bills have increased and it have opened several credit card accounts. I would like to know do I need to close credit card account that I'm not using, as it seems like much easier solution.
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winthrop
Apprentice
Joined: 21 Nov 2006
Posts: 3
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| Posted: 09/23/08 - 22:46 Post subject: |
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| Low interest credit card deals are very popular in recent years and it seems to me that it will continue to be so. However, not every low interest deal is equally good and desirable. Many banks have a packet which consists of several segments, where low interest is only one of the aspects. However, if you have several credit cards of any type, you should close the account for the one you expect will be not used. It is one way to improve your credit rating, and also stop paying for having many accounts. Best of luck. |
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