Saturday, October 31, 2009

Is it better for your credit to close credit cards with no balance or leave them open?

if you have alot of credit cards then close a couple... too much credit is just as bad as not enough credit..... if you only have a few credit cards then keep them open....... it raises your fico score....



Is it better for your credit to close credit cards with no balance or leave them open?

Leave them open, unusued.



If you close them, your debt to available credit ratio increases.



Is it better for your credit to close credit cards with no balance or leave them open?

If you are not using the card, close it.



Lenders will count the credit limit on that card against you.



Is it better for your credit to close credit cards with no balance or leave them open?

Leave them open. It%26#039;s a good idea to use them from time to time for a small purchase just to keep them open.



Is it better for your credit to close credit cards with no balance or leave them open?

depends...will you ever use them? how is your debt to income ratio?

No comments:

Post a Comment

Blog Archive