Why Closing Credit Cards Can Hurt Your Score

Name: Why Closing Credit Cards Can Hurt Your Score
Availability: InStock

That unused credit card in your drawer might be doing more for your credit score than you realize. Learn why closing old credit cards can backfire, how it affects your utilization and credit history, and what alternatives you have when you want to simplify without sacrificing your score.

11 lessons45 min total500 points available

Course Lessons

0/11 completed

1.The Simplicity Trap

5 min50 pts

2.The Credit Utilization Hit

7 min75 pts

3.Understanding Utilization Impact

8 min50 pts

4.The Credit History Impact

6 min50 pts

5.The Credit Mix Factor

5 min50 pts

6.History and Mix Impacts

8 min50 pts

7.When Closing Actually Makes Sense

6 min50 pts

8.Alternatives to Closing

6 min75 pts

9.Strategic Decisions

8 min50 pts

10.Making Your Decision

5 min50 pts

11.Comprehensive Review

10 min75 pts

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