I need to Purge some Credit Cards - Again!

Doing my regular check on the cards to make sure all is accounted for, I see that my Available Credit amounts are increasing again. When I was young, this was a good thing, or at least I interrupted it that way. Now, for some reason, it drives me crazy.

I never utilize the full available balance. For obvious reasons, if I did there is no way possible I could pay it off monthly. Plus, where would I keep all the junk that would accumulate from that spending?

I'm a purger! I feel less is more in the home. Makes the home cleaner and easier to maintain. Maybe I am lazy, not a purger. Something I definitely have to consider. :-)

Quicken, sometimes, displays too much information (sarcasm). A couple clicks and there are tally's of all your available credit and the amount you are using. There is no hiding from your spending, with this page. Anyone using Quicken, should make that page their home page when they open up - might serve well to keep your debt payoff in line.

As my Total Credit Lines Increase, I have the same uncomfortable feelings now as being in debt.
To me, more available, is not a status symbol. It resembles more of an AT Risk position.

Imagine the damage that could be done with one of those cards if it got in the wrong hands.

Oh wait, it isn't a debit card - I do have some protections. LOL!

Next week, I will pull my quarterly credit report. I believe this one will be from Experian....hmm. I better check before I pull, don't want to have a fee. After I see that all is well, I'm going to start the credit card purge again.

After all, I only use 4 cards - 2 are running the 0%'s, 1 Discover where I am using to record household purchases - earning cash back, and the other a Visa that I have traded out DH's GM Card to earn Cash, we have more then enough earned GM Dollars for future purchases and no purchase in the forseeable future.

I'm thinking of saying good bye too:

• JC Penney - I haven't used in a long time, since it has been more financially sound to get cash back on the other cards.
• Kohl's - Again, I've been using other options for the cash back. We don't seem to use the savings they give as much as we used too. So hardly worth it. We buy when we need.
• Macy's - only took it, because of my huge clothing purchases - there was a 30% discount. But this card is useless to me now.
• American Eagle - Not worth those measly things they call perks. Easier for me to use my cash back cards.
• CitiCard - open for the 0%, which is over.

I have 1 more unused card, but I hesitate to close it and instead feel more inclined to go use it ONCE. This is my Walmart Card. It was my first credit card, but initially a Montgomery Ward Card, until it went out of business and they transferred the credit to Walmart. This credit history is 21 years old, just old enough to drink. :-) I think I should keep it, only for that.

Anyway, buy purging I don't have to worry about someone buying a house on my credit. Why in the world would the credit companies give me enough credit to buy a house. If I was buying a house, I'm sure I could find cheaper loans.