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Old 01-20-2007, 09:53 AM
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disneysteve disneysteve is offline
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Default Re: Closing Your Credit Card Account Can Hurt Your Credit Score

Quote:
Originally Posted by poundwise
There is some amount of foolishness that holds on to multiple cards with zero balances and no intent to use them, IMO.
I agree. It seems that some people make moves strictly based on how it will influence their score, regardless of whether or not it makes sense it the long run.

Even something that has a negative impact on your score doesn't change it permanently. The effect dwindles over time.
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