Should I close unused credit cards before applying for another?



Category : Personal Finance
My wife and I currently have a few credit cards that we don't use, but there's another that we'd like to get, but I'm not sure if I should close those first and wait a month or so before applying for the other, or just apply for it and close the others at the same time. I'm mostly concerned about limiting the credit limit we get on the new card...We have: Local bank credit card - $1000 limit - 1st cc I got several years ago; limited cash back/etc. options; probably the longest credit histor

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