http://mbt.disqus.com/MyBankTracker helps consumers make informed banking decisions and save money.enFri, 06 Nov 2009 00:57:28 -0000https://stage.mybanktracker.com/news/2009/11/05/should-you-really-cut-up-that-credit-card/#comment-22014697<p>Even if a new annual fee gets added to a current card there are plenty of other credit cards out there that will not have an annual fee. You are right though in that if you cancel a card then it will ding your credit score. If someone is debating applying for a home loan or other large line of credit then it is best to wait until approval before thinking about canceling any existing lines of credit.</p>Credit Card ChaserFri, 06 Nov 2009 00:57:28 -0000