Asked by Cfeeney52  |  Submitted April 07, 2016

When rebuilding your credit score will closing a credit account once it's paid in full have a negative impact on the score?

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  Answers  |  2

April 07, 2016

If you have 3-4 other open credit cards or revolving accounts with very low or zero balances and have been opened a longer time then it probably would not hurt your score, but it many cases it could. Everyone's credit profile is different so it is probably more of a case to case question for an individual credit profile.

$commenter.renderDisplayableName() | 11.20.17 @ 17:33

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April 07, 2016

Yes, it will.

$commenter.renderDisplayableName() | 11.20.17 @ 17:33

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