|
If you intend to apply for any loans in the near future(car, house) it is better to close it. I believe the more credit available to you will lower the amount of loan money you will qualify for.
In simple terms, a guy with the ability to run up a total of $20,000 in credit card debt is a much higher risk than a guy with the ability to run up only a $5000 debt, given the same income and expenses.
__________________
For me there is only the traveling on paths that have heart, on any path that may have heart. There I travel, and the only worthwhile challenge is to traverse its full length. And there I travel, looking, looking, ...breathlessly.
-Carlos Castaneda
|