Cut back to 2-3 cards TOTAL.

You don't need three VISAs, two MasterCards, six department store cards and three gas cards! If this sounds like the credit cards in YOUR wallet, chances are you're running a balance on every single one of them.

You can easily get by in the modern world with just ONE Visa or MasterCard, ONE American Express card, and maybe ONE gas card. (And you don't need the department store cards at all – they usually carry an interest rate that's WAY too high. Cut 'em up and pay 'em off!)

By the way, we've made cancelling those credit cards EASY – simply download our pre-written "Credit Card Cancellation Letter" below. Use it with our blessings and cut down on those cards!

What is the Impact of Making Extra Payments on My Debt?
Sample Credit Card Cancellation Letter