Unused Credit Cards - Should You Close the Accounts or Keep Them?

1912
Yurii Toxic
Unused Credit Cards - Should You Close the Accounts or Keep Them?

In general, it's best to keep unused credit cards open so that you benefit from a longer average credit history and a larger amount of available credit. Credit scoring models reward you for having long-standing credit accounts, and for using only a small portion of your credit limit.


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