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Subject:  Closing Credit Cards vs Leaving Open Date:  4/19/2018  3:26 PM
Author:  Stabba Number:  312124 of 313083

So, I was finally able to pay off all my credit cards (full disclosure dad-in-law loaned us the money) this week. Of course, my first instinct is to CLOSE THEM ALL(!!!), but after researching it appears that it's best to keep at least some open. I kind of understand the reasoning behind that, but still need guidance.

I have 3 cards now at $0 balance and none have a yearly fee.

Card #1: $4,500 limit (open since 2014)
Card #2: $6,500 limit (open since 2015)
Card #3: $4,000 limit (open since 2011)

Is it best to keep them all open? two? one?

I've seen some sites recommend using at least one of the cards and paying it off each month. But honestly, I'd rather take the hit to my credit score than ever use these things again. I see the benefits of using them (especially if they have rewards) but I really just want to put these things away and forget they exist.

Thanks so much!
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