I remember being told that you ideally want 4 lines of open credit at any given time(a car loan being one) even if you don't carry a balance on that credit card or such. If you have a card that doesnt charge an annual fee, Id say just keep it and maybe use it once every few months, then pay it off in full when you get the bill in order just to keep it active.
Last edited by V; 03-04-2012 at 04:32 PM.
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