If you refinance to pay off credit cards it is wise to have the limit’s on the credit cards lowered to avoid the same situation you are refinancing out of. Unless you have many cards open avoid closing the accounts. If they have been open for a long time closing them could negatively impact your credit.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Tagged with: •

Filed under: blog

Like this post? Subscribe to my RSS feed and get loads more!