To keep or not to keep open credit cards without a balance.
December 27th, 2007
Regardless what many people might think it is actually good to keep credit cards without a balance open. Closing the account out could actually hurt your credit score. If there is an annual fee and you are definitely not using the card then by all means do close the account. If your account is an old account then do keep it open. Older accounts actually give you a better score.
This entry was posted
on Thursday, December 27th, 2007 at 8:31 pm and is filed under Credit, Credit score, Family, Heat, Home, Money, News.
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