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How does closing a credit card affect your credit 2024?

Owen Edwards | 2023-06-13 10:00:24 | page views：1932
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Mia Johnson

Works at the Urban Garden Project, Lives in Los Angeles, CA.
Depending on your total available credit, closing a credit card account with a high credit limit could hurt your credit score, particularly if you have high balances on other cards or loans. ... If you have zero balances, your credit utilization rate is zero, and won't be impacted by the loss of a balance.
2023-06-22 10:00:24
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Lucas Wilson

QuesHub.com delivers expert answers and knowledge to you.
Depending on your total available credit, closing a credit card account with a high credit limit could hurt your credit score, particularly if you have high balances on other cards or loans. ... If you have zero balances, your credit utilization rate is zero, and won't be impacted by the loss of a balance.
How to cancel a credit card & close it without hurting your score ...
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