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Credit cards the dos and don’ts
in Mortgages & Endowments
3 replies 192 views
Have been saving hard for a mortgage deposit and have also paid off all of my previous debts in the process. I still have 5 credit cards open with a total of £26000 credit available across all of them.
I’m just wondering if I should close the accounts? Will they see my available credit as a risk that I may spend in the future. I have a fairly good credit rating so I don’t want to do anything to damage this when I’m so close to having a deposit. Thanks in advance for advice.