cancelling a credit card

Sep 27, 2003 4 Replies

does cancelling a caredit card that has been paid off adversely affect your credit rating?


No. Why on earth should it?

not only that, but you'll never be able to get another loan again, and bailiffs will arrive next Tuesday and take all your belongings away just to teach you a lesson.

So how much debt is considered healthy?

By whom? Under what circumstances?

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