Should I close my secured credit card account now that I paid it off?
I opened the secured account 3 years ago to re-establish my bruised credit after a divorce. How much will this hurt my credit if I close the account and get my deposit back?
Answers | 1
Asked by Meredith
Answered by Phillip Christenson
CFA in Plymouth, MN
They will both help you build credit at relatively the same rate. A secured credit...
Asked by Alec
Answered by Ray Jones
CA Mortgage Loan Officer in Fresno, CA
Monthly payments will build credit regardless of the account balance. If you carry...