@coachb123 wrote:
Well bit the bullet and closed First Premier tonight. Would have kept it but they refused to waive the monthly or annual fee so I said screw you. Got the song and dance about closing the account would negatively affect my credit but oh well.
How much should I expect my credit score to drop? The card was almost 2 years old with perfect credit history. It was one of my oldest cards but I have 2 others that I still have open that I got around the same time.
The only thing it will affect is UTL
AAoA wise the account will report as good for 10 years
Scores should not drop providing you closed it with a 0 balance
Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
