Do I Close The Cards?

A listener wants to know if Dave recommends paying off credit card balances before closing the accounts.

QUESTION: A listener wants to know if Dave recommends paying off credit card balances before closing the accounts.

ANSWER: Either way is okay, but you need to cut the cards up and quit using them. I like the finality of them being closed, but I do know that sometimes that activates the companies and they start doing dumb things to ensure you’ll never come back because of the way you’ve been mistreated.