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Too many credit cards

JoshJohnson said: "I have 5 of them now with balances and I'm definitely stressed about it. I plan on paying off the 2 smallest ones and closing them as fast as possible."

anchorbob said: "Cancel all but one. They're crap!"

abloans4u said: "When applying for loans it is good to have at least 2 major credit cards open. They also look at your balance to limit ratio so having open cards with low balances will help. ---------- balance Limit Credit card 1000 1000 Credit card 2000 2000 In this example your balance to limit is 100% Credit card 1000 1000 Credit card 2000 2000 Credit card 0000 3000 In this example you are now at 50%"