Why you should be careful when canceling credit cards

  Рет қаралды 10,661

Yahoo Finance

Yahoo Finance

Күн бұрын

Пікірлер: 30
@kittymogulco
@kittymogulco 12 күн бұрын
These are very good tips. I like that she ended by saying "Make a proactive and intentional decision." I'm not too sure what she meant by insisting on reconsidering before canceling the card. If the fees outweigh the benefits then there's not much more to "rethink." But that is only my opinion.
@michaelc1063
@michaelc1063 12 күн бұрын
A CREDIT SCORE IS THE BIGGEST SCAM IN CONSUMER HISTORY!!! With that said be smart and stay on top of your finances. You will survive when the recession hits
@Rico401Prov
@Rico401Prov 10 күн бұрын
We’ve been duped to believe they even matter!
@johncoy5912
@johncoy5912 7 күн бұрын
Credit score is deceptive and not as important as she makes it out to be . Do you want to be in debt or out of debt that's the question
@NaNslx
@NaNslx 11 күн бұрын
You can buy everything by not having a credit score....banks issue mortgages to ppl without a credit history all the time. Don't be fooled or feel pressured by your credit score
@twoweeledsoto6072
@twoweeledsoto6072 4 күн бұрын
"including those who hold the balance every month"? What does that mean? "Hold the balance?"
@raylemar
@raylemar 10 күн бұрын
I'm cancelling every single one them .
@jimmycrumpler1853
@jimmycrumpler1853 12 күн бұрын
I’m never going to buy anything on credit again
@Rico401Prov
@Rico401Prov 10 күн бұрын
Same here, Jimbo
@shit_for_brains
@shit_for_brains 12 күн бұрын
This “advice” is a bunch of nonsense from someone who benefits from people being in debt. While credit cards have their usefulness, never be afraid to cancel them.
@tuka5871
@tuka5871 11 күн бұрын
Creating fear around getting out of debt is not financial education
@sportsnetusa1
@sportsnetusa1 11 күн бұрын
Absolutely! I've canceled credit cards over the years and it has never lowered my credit score. Keep preaching debt Yahoo!
@moe-df9qx
@moe-df9qx 11 күн бұрын
i only use my credit card to oay bills then pay it off every month🤓 rinse and repeat i do however have a credit card i DO NOT like but ive had it so long i dust it off about every quarter
@nfaoussoukouyate1963
@nfaoussoukouyate1963 10 күн бұрын
No I'm not approved about credit card
@nfaoussoukouyate1963
@nfaoussoukouyate1963 10 күн бұрын
I have bad credit score
@Patrick-yh5yd
@Patrick-yh5yd 10 күн бұрын
If you are older than 70 years old who cares about credit!!!
@michaelpugliese13
@michaelpugliese13 11 күн бұрын
People should cancel if they aren’t able to pay off every month.
@HieouyaAgnèsDoyo
@HieouyaAgnèsDoyo 12 күн бұрын
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated!
@jopolo-x4f
@jopolo-x4f 12 күн бұрын
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..
@HaholBarton
@HaholBarton 12 күн бұрын
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
@jopolo-x4f
@jopolo-x4f 12 күн бұрын
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure.. So I really don't blame people who panic.
@HaholBarton
@HaholBarton 12 күн бұрын
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
@HieouyaAgnèsDoyo
@HieouyaAgnèsDoyo 12 күн бұрын
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
@hennessyandhiphop6765
@hennessyandhiphop6765 12 күн бұрын
I’m preety sure the person who is trying to cancel a credit card is the person who got themselves into bad credit card debt and finally going the right direction in managing their money. I can’t believe yall pushing this misleading bad advise 🤦🏽‍♂️ 😂
@brendantogo
@brendantogo 12 күн бұрын
Agree. I had the same through as soon as I saw the title of the video. It is probably sponsored by credit card companies that want to keep people under their control.
@Jof365
@Jof365 12 күн бұрын
Biaised by someone who promote credot card
@Timothy-y7e
@Timothy-y7e 12 күн бұрын
Ryan Reynolds sucks
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