Inside Out Blog

Go Ahead and Make Your Move: Cut Up Those Extra Credit Cards

If you are trying to control your credit card spending, one strategy is to cut up your extra credit cards. But don’t close those accounts just yet. If you cancel them, it can affect your credit card rating. When you close an account, it reduces your available credit line, making your credit utilization to debt ratio higher. If you do choose to close extra accounts, do this slowly, about one every six months.

South Ridge Apartments in Greenville, South Carolina goes above and beyond to improve your daily lifestyle with our spacious floor plans, unparalleled amenities, and incomparable customer service. We hope these tips will inform, educate, and ultimately, provide you with a better way-of-life.

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