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All credit cards are now paid off debt free now what?

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Joecooltech
Regular Contributor

All credit cards are now paid off debt free now what?

Question once all of a  person's cc debt is paid off what do you do if you no long want to use cc but don't want your credit score to start to drop ??  

Message 1 of 5
4 REPLIES 4
ryanbush
Valued Contributor

Re: All credit cards are now paid off debt free now what?

Cut them up and throw them away but don't close the accounts?

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Message 2 of 5
chnceit
Valued Contributor

Re: All credit cards are now paid off debt free now what?

If your cards have no AF then "sock drawer" it. Use it once in a while and pay before your statement cuts to ensure that your CCC does not close them.

 

 


Last Pulled EQ: 809
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Message 3 of 5
Epcot
Valued Contributor

Re: All credit cards are now paid off debt free now what?

Congrats on paying them all off! SD them and use them every few months to keep them active. Smiley Happy

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 849 EX 835 TU 841
Message 4 of 5
scorpiostinger07
Regular Contributor

Re: All credit cards are now paid off debt free now what?

Do any of your cards have rewards? If so then I say pick the best card with the best rewards and use it and PIF monthly. Otherwise I would put them away and use every now and them just to show activity IMO.


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Current Score: 700
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Message 5 of 5
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