I have a couple questions for anybody that knows more than me about credit......and that can't be hard! I have listened to my friends for years, and just never really, paid that much attention. I pretty much pay my car and credit cards on time, and i don't have anything in collections. My credit seems to be ok, anything i have applied for i have gotten, interest rate my have been a little high but i got it. I plan on buying a house someday, so i figured why not post my questions here!

1. When is the right time to cancel a credit card if you are not using it? I heard if you cancel it will hurt you!

2. Whats the best way to pay a card? For example, if i buy gas with my visa card and i spend 30$, when the bill comes should i pay it all off, or just half, or what?

3. I really just use cards for emergencies now. how many cards should one really have?

4. Is there anyway to build credit without using credit cards, or will you always need to use them?

5. Any other tips?

Thanks in advance guys!


Tyree