How does closed credit card by the bank affect my credit history?

My account was closed by the bank due to number of credit cards I have and high balance. I will be able to close all in 6 months. Can other banks close my credit card accounts as well? What is the best way to handle it?
Thanks for the answers but my problem is:
I have one [...]

Which Credit Card Reward Program Is Right For You?

Whatever type of credit card you’re shopping for, student credit card, business card, airline card, most all have a credit card reward program. To attract your credit card dollar the financial institutions spend millions of dollars advertising these incentives with direct mailings and media advertising. It doesn’t matter what your lifestyle, there’s a credit card [...]

Are there any credit counseling services that will allow me to keep at least one credit card open?

I would like to enroll in a program to pay off most of my creditors, but it scares me to have to close all of the credit card accounts (which I’ve heard is often a requirement). I would like to keep at least one open for emergencies. Does anyone know of any agencies [...]

Can derogatory business credit card accounts show up on my personal credit report?

I have a business credit card account that is about to be sent to a collection agency. Once this is done, I am worried they will try to apply this to my personal credit reports.