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Established Member
portager
Posts: 14
Registered: ‎04-21-2007

Close accounts?

I have 21 open accounts. Only 4 of them have balances on them. Would it help my score if I closed some of them or should I just leave them alone? My score is 710 now.
Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007

Re: Close accounts?

What are the issuers, fees, etc.
Established Member
portager
Posts: 14
Registered: ‎04-21-2007

Re: Close accounts?

If you mean yearly fees? None.
Just thought it might help my score to not have so much open credit available.
 
Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007

Re: Close accounts?

Available credit will only help your score. If you have a lot of small lines you might consider combining the cards within issuers or if you can't do that get rid of them. Still have no idea what you have.

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