Had a question.
Lets say I have 7 credit cards with a total limit of $22,250. I only have a balance on one card of $2100 that is 0% right now and will be paid off soon, pry have to spend one month at the 9.99% APR. Then I am switching to another Credit card with 0% for 15 months and 8.99% fixed
Is it better to close the cards I'm not using or have credit cards open and just use my credit wisely. I thought it was to keep them open, because it shows credit agencies that you don't eat up all your limits.
I'm pretty sure I have awesome credit because of the rates i get on cards. I rent and do not have a house, but do have a car that i have a 0% loan from GMAC. I have never paid any interest my whole life. Also never had a late fee.