Credit Scores and Open Credit Cards
My husband and I have a lot of credit cards open that have zero balance on them. We bought a lot of things with zero interest finance promotions where of course they issue you a credit card. We used them only for the promotion, paid them off before interest was charged and they are now sitting there with zero balances. I would like to cancel the cards, as we will not use them again. Can you advise if this will negatively affect my credit score? I am hearing conflicting things and am unsure where to get a clear answer on this.