 TITLE: Should You Cancel Unused Credit Cards or Keep Them? CONTENT: The Bottom Line\n---------------\nKeeping credit card accounts open for as long as possible is a smart strategy for building and maintaining good credit, especially if you're planning to take out a loan in the near future. Evaluate the age of the account and its credit limit before closing it, but take stock of your spending habits and any fees associated with the card too.\nEvery financial decision is a personal one; while keeping unused accounts open is generally best, you might find that closing one is the better choice for you. END