Re: Should I close these cards.....
struggling to understand utilizatio n...PLEASE help???
03-07-2012 05:43 AM
Your score might take a slight hit if you close the account. It will lower your AAoA and raise your utilization as well.
However, I'm not sure that "protecting" your score is worth $9.25 a month.
If you do close the account, and your score DOES drop, it won't be for long.
You now have a couple of "real" credit cards...
I'd close it, save the fees, and don't look back. JMHO.
Last app 08/08/2012. App free in 2013!
Current Scores: EX 665 (FCR) TU: 668 (Wally) EQ: Your guess is as good as mine.
Zero percent financing is where the devil lives...
Last app 08 Aug 12. Next app 01 January 2013.