Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • johnbonjovi
    • By johnbonjovi 8th Jul 17, 9:17 PM
    • 2Posts
    • 0Thanks
    Credit cards
    • #1
    • 8th Jul 17, 9:17 PM
    Credit cards 8th Jul 17 at 9:17 PM

    I'm wanting to apply for a mortgage soon but have a lot of credit cards with zero balance. I have 5 credit cards.

    Is it better to close these accounts to improve my chances or keep them open to improve my chance of getting a mortgage?
Page 1
    • zx81
    • By zx81 8th Jul 17, 9:33 PM
    • 16,407 Posts
    • 17,456 Thanks
    • #2
    • 8th Jul 17, 9:33 PM
    • #2
    • 8th Jul 17, 9:33 PM
    Start using at least a few of them.

    Close others if your income doesn't support them.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,876Posts Today

9,446Users online

Martin's Twitter
  • Just a quick note. I've been overwhelmed by the strength of support by my campaign to stop facebook fake ads today?

  • RT @mmhpi: On the eve of tomorrow's #RecoverySpace debate in parliament, we just delivered our 10,000 letters to the Chancellor. People in?

  • Interesting piece yet they asked me if it was a publicity stunt and I said yes partially, in order to raise awarene?

  • Follow Martin