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Is it best to close a credit card account after you have paid it off?
I just paid off several credit cards using a consolidation loan. I was wondering if I should close my credit card accounts or not. I have heard that it looks bad on your credit report to close them all and I do not want anything to look bad on my credit report because I am planning on buying a house in a few years. Any input will be greatly appreciated!
Just a little more information: the monthly loan payment is just as much as my MINIMUM monthly payments on my loan.
Just some information: the monthly loan payment will be just as much as the MINIMUM monthly payments on my credit cards.
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