When it comes to credit, I learned the hard way. And the very personal way. Many years back, I thought I’d take a shot at upping my credit score. I was fresh out of college, didn’t have much in way of established credit, but of course, thought I knew it all. The best way to [...]
Posts Tagged ‘closing accounts’
How NOT to Improve Your Credit Score
March 19, 2010Will Closing Credit Card Accounts Help Your Credit Score?
May 29, 2008Quizzle is a Knowledge Partner on Yahoo! Answers and frequently helps folks there with questions about personal finance and credit. One question that seems to come up frequently is: will closing credit card account boost my credit score? The short answer is generally, no. Roughly 30 percent of your credit score is “amounts owed,” which [...]
