Canceling your credit cards could help you get your debt in control and even become debt free. But, remember that a credit card is a useful financial instrument when managed correctly. So, before you make a move, check these ten practical do’s and don’ts for canceling a credit card for you to boost your credit.
Your credit score is a critical part of your financial health. Unfortunately, it’s pretty easy to have a bad score. I should know; my credit score took a few hits as a result of a few late and missed payments here and there. It wasn’t until I applied for a car loan that I found.