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re: Will canceling an Amex card hurt my credit?
Posted on 2/5/13 at 11:45 am to PurpleAndGold86
Posted on 2/5/13 at 11:45 am to PurpleAndGold86
quote:
This couldn't possibly be anymore inaccurate.
quote:
Paying off your debt could "hurt" your credit score slightly if you have zero balances on all of your revolving accounts at the same time. That penalty would disappear once you use your cards again.
Source: BankRate
This post was edited on 2/5/13 at 11:46 am
1
Posted on 2/5/13 at 11:48 am to Will Cover
quote:
Paying off your debt could "hurt" your credit score slightly if you have zero balances on all of your revolving accounts at the same time. That penalty would disappear once you use your cards again.
Source: BankRate
That isn't what you said at all. If you think it is, you dont understand exactly what you just quoted.
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