Moderator
pizzadude
Posts: 8,117
Registered: ‎01-28-2010
Re: Will closing this account hurt my credit score?

 

Welcome to the forums !

 

I'd recommend that you take a look at this sticky thread:   http://ficoforums.myfico.com/t5/Credit-Cards/Closing-Credit-Cards/td-p/347190

 

In general, closing a credit card won't hurt your FICO score unless your revolving utilization increases as a result of losing the credit limit.

 

What is the balance on the $20K limit card ?

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX