I just played 52 Pickup!!!

iVillage Member
Registered: 07-04-2009
I just played 52 Pickup!!!
8
Sun, 07-12-2009 - 12:25am

I just went to put the nightmare bloodsucking card (0 balance now, yay) into my little box with my other CCs. The cards spilled onto the floor and I almost had a heart attack! There were at least 10 dept store cards there: Macys, JC Penney, Sears, American Eagle, Gap, NY & Co, Old Navy, Target, Kohls.....When holiday shopping I probably got sucked in too many times with the % off teaser when you apply for a CC at the store.

The big question: Do I cancel some? Or get my credit report (I was about to anyways) and just cancel ones where there has been no activity at all? I already know that the really long standing cards I should keep for good history.

Right now I have a bank visa (10k) and an Amex (@1,700) left to pay off...

*****I thought your credit is damaged if you close accounts. Is this true??

-Thanks


iVillage Member
Registered: 11-17-2007
Sun, 07-12-2009 - 7:40am

Don't know about anyone else's but I canceled and consolidated a few cards in one day and We were hurt bad by it. Lost about a 100 points in one day. Took us a year to come back and still am not where I was. But I haven't checked lately either so we might be.


Carmen says to do one every 6 months or so. But I have also heard that to just cut up the cards and don't use them

iVillage Member
Registered: 04-12-2007
Sun, 07-12-2009 - 7:46am

Just curious - do you have to pay to get your FICO score?

iVillage Member
Registered: 11-17-2007
Sun, 07-12-2009 - 8:07am

I did once paid 45.00 to get all three.


But there is this web site that will give you one free. It is something like Karma or something like that. But I found out that is not a real true FICO but it is close


Someone listed it on the board before


Maybe someone will a better memory can remember the real name of the site.


MaryAnn


iVillage Member
Registered: 06-20-2008
Sun, 07-12-2009 - 11:32am
creditkarma.com



[url=http://www.TickerFactory.com/debt/w9REIyy/] [img]http://tickers.TickerFactory.com/ezt/t/w9REIyy/debt.png[/img] [/url]
iVillage Member
Registered: 10-01-2008
Mon, 07-13-2009 - 8:32am

After three years of one disaster after another, we had to fill bankruptcy in January.

Norma


"Patience is the best remedy for every trouble"- Plautus


iVillage Member
Registered: 06-28-2008
Mon, 07-13-2009 - 10:37am
Hi. Is this website a good one? I'm always afraid that there is a catch. Thanks
iVillage Member
Registered: 08-04-2008
Mon, 07-13-2009 - 6:06pm

I have a credit reporting account with Transunion (transunion.com.)




iVillage Member
Registered: 02-19-2003
Thu, 07-16-2009 - 10:55am

Hi there,
I just wanted to let you know that Carmen Wong Ulrich from CNBC's On the Money has recently answered a similar question on her show. You can find the video right here at iVillage.
I hope she helps answer your question.


http://video.ivillage.com/player/?id=1135972