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 Beverly
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Hi Beverly, There are a few articles on MoneyTips that should be of help to you...