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My Credit Cards! - Credit rating

SamUK
Posts: 15 Forumite
in Credit cards
Got me in loads of trouble near 40K...this was near 1.5 years ago..
I am now down to only needing to pay off the last £4k :cool:
Question:
Does cancelling the credit cards effect my credit rating?
I just want to get rid of them.
Thanks in advance..
--Sam
I am now down to only needing to pay off the last £4k :cool:
Question:
Does cancelling the credit cards effect my credit rating?
I just want to get rid of them.
Thanks in advance..
--Sam
0
Comments
-
The process of canceling does not affect your creddit rating in itself but have no credit cards or loans makes getting new credit in the future harder.0
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