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LaToya Irby
LaToya's Credit / Debt Blog

By LaToya Irby, About.com Guide to Credit / Debt

Closing Credit Cards Influences Your Credit Score

Tuesday February 5, 2008
Credit card not working out for you? Your first thought is probably to just close the card so you don't have to deal with it anymore. It seems like the perfect solution to the problem.

Did you know that closing a credit card influences your credit score? It sure can. In fact, it might affect your score in a way you never expected. Find out How Closing Credit Cards Affects Your Credit Score.

More on Closing Credit Cards:
The Right Way To Close a Credit Card | Should You Close a Paid Credit Card

Comments

February 5, 2008 at 11:51 am
(1) Blake says:

Penalties, late fees, hidden charges… we’re lining the pockets of credit card companies with $8 billion in fees every year. Where is the love??? Go to www.creditcardreform.org and with one click you can send a Valentine’s postcard to your Representative and Senators telling them it’s time to kiss credit card rip-offs goodbye! Consumers Union will hand deliver your postcards on Valentine’s day to tell your legislators it’s time for real reforms in credit card company practices.

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