Date: Tue, 28 Dec 2004 04:15:06 CST
From: "jt" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Any down side to canceling credit cards ?
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	=RNwN

A repeated theme of the Suze Orman show is to not cancel credit cards
you don't need - just cut them up.  She claims to be foremost expert on
fico scores and gives a rationale for cancelling hurting your score.  I
watch this as kind a freak show not only of the financial side of
popular culture but for freaky regulations and standards such as above.

I might not even cut them up, since they may be surprisingly useful at
random moments in future.  With several unused ones recently I found I
could register online or with phone for fantastic benefits, such as
kickbacks more than 1% (up to 10% sometimes w/o catches).