Avoid a Full Deck

Less is more

The more credit cards you carry, thegreater chance you have for holding alosing hand, credit counselors advise.When you apply for a loan to buy ahouse, expand your medical office, ormake any other large purchase, lenderagencies look at your available credit. Ifthey see more than a few credit cards,they may assume you have enoughcredit in play. Even if you carry balanceson just 1 or 2 cards, lenders mightassume that you could run up bills onyour other cards after you get the bigloan, making it more difficult for you topay off debt. : Cancel thecredit card accounts you don't use.Before you do, however, get rid of cardswith higher interest rates by transferringbalances to lower-rate cards.