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re: Credit Card Question

Posted on 5/19/11 at 9:07 am to
Posted by Da Hammer
Folsom
Member since May 2008
5783 posts
Posted on 5/19/11 at 9:07 am to
with no points and no rewards, I would get rid of it anyway. I am no credit expert by anymeans, but if there is no balance, I'd get rid of it in a flash and get one that will work for you.
Posted by notanalt
baton rouge
Member since Oct 2010
100 posts
Posted on 5/19/11 at 10:05 am to
quote:

with no points and no rewards

quote:

I'd get rid of it in a flash and get one that will work for you


This is what I am strongly considering, I am just wondering what kind of hit if any this will have on my credit rating. If it's a few points, no big deal to me, but if knocking out an 11 year line of credit is going to gouge my rating, I'd like to know ahead of time, not worth saving $15. I am completely ignorant in the ways of credit, hoping some of yall that do this for a living can let me know what I'm looking at.
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