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Why you should CANCEL your old credit cards




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Название :  Why you should CANCEL your old credit cards
Продолжительность :   11.12
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Коментарии Why you should CANCEL your old credit cards



Jaszi
what about closing too much credit cards from the same bank ? Will that affect the bank from approving u any credit card in the future ?
Comment from : Jaszi


Critter the 1337
🫰 "snap" "Poof!"
Comment from : Critter the 1337


justin wilson
Good info…keep up the good work/content👏🏽!!
Comment from : justin wilson


Nazir Safi
Simple, and to the point! Incredible!
Comment from : Nazir Safi


Iamdemetriuszeigler
Just confirming, I have two sub-prime cards like 5 years of age I can close those cards and still keep my 5 years of age for up to 10 years? What does good standing mean? I have late payments on the two cards from 2 years ago Does that matter?
Comment from : Iamdemetriuszeigler


davix moses
So have maxed 4 of my cc, and now I paid of 2 off them in full, am thinking og closing those, was the best advice
Comment from : davix moses


Ajji world
Thorough 👏 👏
Comment from : Ajji world


ornamo jallo
i have a sapphire card with over 17k limit I opened in may i want to cancel it because I don't like their no annual fee options and i don't need it i put all my expenses on my amex card i will maybe go for the apple card for the security and no forgin transaction fee but what are your thoughts ? I don't like having a lot of cards because i don't need them
Comment from : ornamo jallo


bn9891
Does closing cards soon after getting them impact my chances of getting a new card?
Comment from : bn9891


Mr Laidback 808
At 5:11 you started too cook 🍳
Comment from : Mr Laidback 808


Son of the King
I wanna buy a house next year have almost 800 in credit, should I wait till I buy one to cancel them?
Comment from : Son of the King


Hutty
I got my first credit card 8 years ago and I just got my second credit card this year If I cancelled the old card, that would mean that it would subtract 8 years from my length of credit card history, even 10 years later, correct? Is it worth keeping my oldest credit card in this case, especially if I want to have a lot of cards in the future?
Comment from : Hutty


Lau
I love you Thank you so much 😂
Comment from : Lau


Alex Titov
Great finance tips John!
Comment from : Alex Titov


Robert M
How many can you close if all the cards are paid off and good standing
Comment from : Robert M


412foto
so if my card is in good standing, have had it for a year, have utilization at like 1 or less, and actually just got another personal card that will fill the void anyway of the $1000 in credit available to me when I'd close a card with $1000 limit, there should be little to no impact on my credit score and if there is, should be very short term and bounce right back?
Comment from : 412foto


Cali Grown
Lol canceling your old credit cards will drop your credit, people should look into credit age
Comment from : Cali Grown


Kurtis Kendall
Any sources that confirm this claim? (That the card is reported for 10 years after close) Like from the credit bureaus or something? How do you know this information?
Comment from : Kurtis Kendall



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