POSTED BY July 10, 2012 6:38 pm COMMENTS (10)ON
I have 3 Credit Cards and my Dues on all the cards have reached to the maximum limit. I am in the process of closing my credit cards. I have the below queries:
a) Should I close 2 CC by making the full payment and keep 1 active and make the entire payment on the 1 active CC? In one of the question I see that it was mentioned to keep at least 1 CC.
b) Will my CIBIL ratings get affected if I close 2 CC by making full payment.