@mrscpht wrote:It's just my husband on the loan. We're not sure if I'll be on the loan by the end of closing. I'm reducing debt and trying to pay off credit cards. One of them, which I paid off, is a new ish card. It's Indigo Mastercard. It has an AF and initially my ultimate goal was to close all credit cards, except for one. It's still my goal but now we're in contract and planning on closing 2023. Will it be okay for me to close that one card? It only has a $300 limit too.
The problem is there are some weird score changes with small numbers of open tradelines. In general I would strongly suggest waiting till after you close to do anything that might even possibly be awkward for your credit.
Generally speaking the fewest number of open revolving tradelines (credit cards for most people) you want is 3, I wouldn't go below that personally with how the credit scoring algorithms are setup. For completeness you also want a small non-zero balance on one of those cards too... doesn't matter if no one is looking at your credit, but with a mortgage in flight, they might still be looking especially with a close that far out.
