shan2themax Posted April 3, 2007 Report Share Posted April 3, 2007 I recently got a hooters card... and I was thinking of closing one of my two 1st premier cards... one I have had for 3-4 months the other I have had for 16 months....I have:target 200cap 1 500applied 500hsbc 3001st premier (1) 300 (fees)1st premier (2) 350 this is the new one (fees)hooters 1000why was I wanting to close it? I guess that I have it in my head that I have too many credit cards... I dont know... any suggestions? Would I be better off to just keep them with a 0 balance and pay the monthly service fee? HELP!!!I have fingerhut also with 450 limittarget is new also.. it hasnt started reporting yet (hooters hasnt either) Link to comment Share on other sites More sharing options...
qtptute Posted April 3, 2007 Report Share Posted April 3, 2007 I recently got a hooters card... and I was thinking of closing one of my two 1st premier cards... one I have had for 3-4 months the other I have had for 16 months....I have:target 200cap 1 500applied 500hsbc 3001st premier (1) 300 (fees)1st premier (2) 350 this is the new one (fees)hooters 1000why was I wanting to close it? I guess that I have it in my head that I have too many credit cards... I dont know... any suggestions? Would I be better off to just keep them with a 0 balance and pay the monthly service fee? HELP!!!I have fingerhut also with 450 limittarget is new also.. it hasnt started reporting yet (hooters hasnt either)If you want to drop your scores, go ahead and close them. To keep your scores pretty, just bring them to a low to 0 balance, BUT KEEP THEM OPEN. Shred the cards, don't use them. Link to comment Share on other sites More sharing options...
LNY Posted April 3, 2007 Report Share Posted April 3, 2007 Shan, we've had many long, detailed discussions on this subject, where all the pros and cons have already been laid out and explained. Best do a search and read them. Link to comment Share on other sites More sharing options...
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