I am so extremely pleased to say we started out with 9 credit cards. Today we paid off number 7. 2 more will take a few more months.
What do you do after they are paid off? We don't ever ever ever want to get in to debt like this again. So my thought was cut them up except the two we have left. We can keep those but what about the rest?
My husband is against it because he thinks it will hurt our credit if we don't use them and they get closed. But I would really rather not have any cards and pay with cash from now on. Sure we need credit to buy cars in the future or a home if we decide to do that. But will it really hurt us that much not to use those cards ever again?
on Jun. 21, 2013 at 4:35 PM