How and why is my credit card affected when I open and close a credit card? March 18, 2010
Posted by Banking in : Credit , 3comments
I see a great deal at a store to open up a credit card and get a prize or a rebate. If I want the big discount I open the credit card and then get the discount but I don’t want or need the credit card at all.
Is it better to close down this new card or keep it open with a zero balance? How does opening and closing account affect my credit score?
By: Double Negative
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