New Visitor
Posts: 1
Registered: ‎07-12-2007

To close or not to close

I am in the process of paying off all of my credit card debt.  Once I clear a card is it better fico wise to keep the account open, or close the ones I do not plan to use again?
Any help is appreciated.
Moderator Emeritus
Posts: 2,050
Registered: ‎04-17-2007

Re: To close or not to close

Welcome.  Please read the Scoring 101 thread.  It's probably best NOT to close them.
Bartender, bring another round of FICOtinis please!

9.4.2011: TU 805. EQ 815.

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