Keep credit accounts or close them

Discussion in 'Credit Talk' started by leviathon4, Jul 28, 2009.

  1. leviathon4

    leviathon4 New Member

    I am currently working towards paying off my various credit cards. I have never been late or missed payments, but my credit was pretty much maxed out. I have paid off a couple of my highest interest cards, and never intend to use them again. What I would like to know, is it better for my credit to close these accounts, or just keep them and not use them. Any advice would be greatly appreciated.

    Thanks, Loren
     
  2. JoshuaHeckathorn

    JoshuaHeckathorn Administrator

    Keep them and try to use them periodically. Bottom line is you don't want to close them or have your credit issuer close them on you.
     

Share This Page