Credit Question

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revolving credit has an impact on my credit score

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A positive impact, if you are always current on your payments and don't use too much of it. You can't build a good credit history without using credit, something that many overlook.

Using large portions of your available credit will ding you some, but not necessarily a lot. It's like being in the "danger zone" - increased risk but still keeping up with things. Not the end of the world, and assuming you right the ship it'll be fine.

You don't really get into trouble until you start skipping payments - not just a day or two late but 30 days or more late. At that point your score will start to fall off a cliff.

But just having revolving credit, using it a little and always paying it off, that is actually a plus because it shows you can handle it.

In the long run, leaving it open will help.

The short term stuff only matters if you are about to apply for a loan.