03-22-2009 04:56 PM
I'm 24 and a recent college graduate who is currently unemployed. I own my home and have no mortgage. My cash situation is good. As of December, my FICO scores were all above 760. I've no plans to seek additional credit cards or loans, except possibly a student loan in the next 6-18 months.
I've Mastercard, Visa, BP, Best Buy and King Size cards with a total limit of $15500. I will keep Mastercard and Visa, which accounts for $14000. I want to close King Size, and I'm indifferent to Best Buy and BP. My Best Buy limit was just cut from $1800 to $300. I use my Visa for most purchases, however pay it off monthly. I rarely carry a balance on any of my cards. Is it ok to close some cards? How can I ensure my credit report reflects I requested the closure?
03-22-2009 06:14 PM
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