Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 19 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
N/A N/A
0
Votes |
6
Posts

To Cancel? Or not to Cancel?

N/A N/A
Posted

Hey Folks I have a credit card question. I'm a newbie and I have learned soo much from this site so I thank all of you in advance for your support.

I've cleaned up my credit over the last 4 year and I'm just now getting into the middle 700s. Initially, I had one of those arm and leg, interest rate credit rebuilder Master cards, with a limit of 200 and includes a $50.00 annual fee. I've since secured a much better credit card with 20 times the amount of credit, no annual fee and a low interest rate. Was this a mistake given I am interested in buying an investment property soon? Should I cancel the credit rebuilders card I've had for 4 years? If I do, will it ruin my credit score/rating?

Loading replies...