Valued Contributor
Posts: 2,690
Registered: ‎09-26-2011
Re: Closed accounts vs. Open accounts - Which to pay down first?

If it were me, I'd pay the open ones first.

 

Probably does NOT make a difference in scoring, and if it DOES, it'd be to your advantage to pay the open ones first.

 

(Sometimes when you pay off a closed account, the reported credit limit "chases" the balance down, maxing out your utilization.)

Current Scores: EX: 615, TU08: 639, EQ: 607. 04/01/2015.

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