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jmtbeamer wrote:
By quite some time do you mean like 6 months? I was planning to not cancel any of my cards until I am approved for my new card. Then after I am approved I will start the cancelation process.
I wouldn't reccommend canceling any cards tha tdon't hav an annual fee. they will add to the strength of your credit file. IF ou find in the future that you have too much avail credit and want to go for somethng big. Cancel then as long as you can avoid the temptaion in the meantime.
jmtbeamer wrote:
By quite some time do you mean like 6 months? I was planning to not cancel any of my cards until I am approved for my new card. Then after I am approved I will start the cancelation process.
Oh no for me it will probably be more like two years while I build my biz credit and cut back on some cards I have. Trust me when I say I have too many and many I received while rebuilding my credit.