9d • General discussion
Never close an old credit card just because you paid it off.
Your older accounts help build your credit age, and your credit age impacts your score. Closing accounts can also reduce your total available credit, which may increase your utilization.
If the card has no annual fee, keeping it open and active with a small purchase every few months can help strengthen your profile over time.
Play the credit game smart — don’t remove accounts that may be helping your score. 📈💳
Who knew this one? 👇🔥
1
0 comments
Never close an old credit card just because you paid it off.
powered by
skool.com/fresh-start-2669
Want a 700+ credit score? Join our community for credit repair, rebuilding, money strategies, and step-by-step tools to build wealth.
Suggested communities
Powered by