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Message
re: Credit Utilization & Canceling Cards
Posted on 9/4/14 at 4:00 pm to TigerRob20
Posted on 9/4/14 at 4:00 pm to TigerRob20
I don't think a rise from 4 percent to 5 percent is going to have much of a hit. The other issue would be if the average age of open account goes down, that again might be a small hit.
But I don't think paying an annual fee on a card you don't use is a good idea either.
But I don't think paying an annual fee on a card you don't use is a good idea either.
1
Posted on 9/4/14 at 4:16 pm to LSUFanHouston
The average age might actually rise and this card was relatively new (last 2 years).
I'll update the post if needed.
I'll update the post if needed.
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