Re: Will closing this account hurt my credit score?
01-23-2013 06:43 PM
Welcome to the forums !
I'd recommend that you take a look at this sticky thread: http://ficoforums.myfico.com/t5/Credit-Cards/Closi
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 ?