|

Yahoo Answerer wants to know:

I want to make a new years resolution to pay off my credit cards, and I want to close them out to make sure I don’t get tempted to use them. Will that look bad on my credit score if I close them out, when they still have a balance? Also, do they carge extra for doing that? Thanks for ANY advice on this!

|

Scagli3tti wants to know:

I called my credit card company and they said they mailed the credit card on Tuesday (1/15). When should I expect it to arrive at my home and do credit cards take longer to ship than standard first class mail?

|

ecolink wants to know:

We are traveling from the United States and want to be prepared. Are credit cards accepted at most restaurants? Shops? Hotels?

|

tgent2k1 wants to know:

I have 4 credit cards (limits are 1000, 3300, and two 500s) and was considering getting rid of one 500 credit card. Should I pay the whole thing off and KEEP it or GET RID of it??

|

meowcat wants to know:

I am selling my house (it was an investment property that I am flipping) and using the proceeds to pay off credit card debt that I have incurred while redoing the home. After the house is sold all my cards will be paid off and the only things I will have to make payments on are my car and student loan. I was wondering how long it will take the credit card companies to notify the credit report of their zero balance status? Can I ask the credit card companies to report the paid off status to my credit report immediately? Also should I close most of these cards or close them? How should I decide which credit cards to close and which to keep open to keep a high credit score? ( I have never had a 30 day late on any of my cards) I want to do whatever I can to improve my credit score the most.

|

Kat wants to know:

I know having too many is not good for a person’s credit score and looks bad to those checking this credit. But not having any credit (such as cards) is not good either. So is it best to have more than one card?

|

Rainy wants to know:

we have a small business and want to start excepting credit cards as payment but don’t know where to start ?? do I call the bank or visa or master card ??

|

Tiffany wants to know:

I am a minor with a checking and savings account solely under my name. But my bank doesn’t offer credit cards!