i have 5 cards
2006-07-16 13:21:15 · 10 answers · asked by cookie 2 in Business & Finance ➔ Credit
If you have more than 2 (unless you have a business card too), you have too many. Take 3 down to zero and if they are no fee...just let them sit. If they have a monthly fee, close them. Otherwise you run a risk of owing too much debt. It is best to NOT keep a balance on your credit cards.
Nothing will keep you from accumulating any wealth faster than debt.
2006-07-16 14:07:15 · answer #1 · answered by Lori A 6 · 1⤊ 0⤋
ZERO. Credit cards are bad all around. I use a debit card and can still do the same things as those with credit cards,but no statement and bill. Pay cash save your future.
2006-07-16 20:26:02 · answer #2 · answered by pappa_15 3 · 0⤊ 0⤋
4
2 with Capitol One ($0 balance)
1 with Chase ($0 balance; I use it but I pay it off monthly)
1 with Washington Mutual ($1300 balance...0% interest on a balance transfer for a year, no purchases)
2006-07-16 20:27:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Okay, so I have three, but the balance is $40 on one of them and I will be paying it as soon as I get the bill.
2006-07-17 16:17:38 · answer #4 · answered by Kiki 6 · 0⤊ 0⤋
1 major card (in good standing) and 1 dept. store card in good standing and paid off.
2006-07-16 20:26:10 · answer #5 · answered by Shay 4 · 0⤊ 0⤋
I have none. If I cannot pay cash then I cannot afford the item.
2006-07-16 20:24:39 · answer #6 · answered by lockesmith 6 · 0⤊ 0⤋
zip zero, i belive in good credit
2006-07-16 20:24:29 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Way too many.
2006-07-16 20:25:06 · answer #8 · answered by ivy23kris 2 · 0⤊ 0⤋
none, good credit is important to me...cash is king....
2006-07-17 01:44:26 · answer #9 · answered by intelligentbooklady 4 · 0⤊ 0⤋
ZERO
2006-07-19 15:50:41 · answer #10 · answered by rhett_madison 3 · 0⤊ 0⤋