I have more than 20 credit cards — but I don't need them all. Would canceling a few cause a huge hit to my credit score?

If Jane decides to cancel a few credit cards, she should first focus on the ones that have an annual fee. If she isn't using them regularly, there's no reason to pay a fee just to avoid a small hit to ...

I have more than 20 credit cards — but I don’t actually need most of them. If I were to cancel a few, would my credit score take a huge hit?

If Jane decides to cancel a few credit cards, she should first focus on the ones that have an annual fee. If she isn't using them regularly, there's no reason to pay a fee just to avoid a small hit to ...