Question about closing open CC

Discussion in 'Credit Talk' started by gavenraj, Jun 21, 2002.

  1. gavenraj

    gavenraj Well-Known Member

    All,

    I have a question about closing open merchant Credit Cards (i.e., JcPenny). I just received my credit report and found several cards I haven't used in a while which have low credit limits (<$1000.00). Should I close these accounts or leave them open. I am trying to raise my FICO score.

    Any help would be much appreciated.

    Thanks,

    Gavenraj
    gsodhi1@cox.net
     

Share This Page