Bad credit repair

neoflex · 04-02-2010, 08:20 AM

Just have a question as I am far from a credit expert to say the least. If he closes out a lot of his credit cards at one time wouldn't that also reflect negatively on his credit report? Just asking as I have heard this in the past but never could understand how this would reflect badly on a person although a few years ago I paid off most of my debt and canceled most of my cards except for a couple. Just curious.

04-02-2010, 08:20 AM	#8
neoflex I'm nuts for the place Join Date: Nov 2008 First Name: John Location: Monroe, NC Posts: 2,765 Trading: (32)	Re: Bad credit repair Just have a question as I am far from a credit expert to say the least. If he closes out a lot of his credit cards at one time wouldn't that also reflect negatively on his credit report? Just asking as I have heard this in the past but never could understand how this would reflect badly on a person although a few years ago I paid off most of my debt and canceled most of my cards except for a couple. Just curious. __________________

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