25 Tips For Buying Your Dream Home in 2019 – Series
25 tips for buying your dream home series continues.
8. Avoid Closing Out Credit Accounts
Your credit history is used to determine your credit score. If you close out too many accounts all at once, your credit score may drop as a result. If you do decide to close out a credit account, make sure that you select the credit card with the highest interest rates. Older cards have a lengthier financial history attached to them. Closing one of your oldest accounts may have the most significant impact on your credit score.