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DemetriR3762
January 29, 2019
Question

Credit score

  • January 29, 2019
  • 1 reply
  • 0 views

I have credit that I have not used in a awhile, and the balance is zero.   As far as I know they are still active. Is it bad to keep cards open, which are not using or will only use in emergencies?

      1 reply

      B
      BMilici
      January 30, 2019

      Credit history and credit utilization are both key factors to your credit score, so cards that you've had for a while AND that don't have big balances is good :)

       

      As long as you aren't tempted to use them a lot or are paying annual fees that are expensive, it may be a good idea to just hold on to them :)

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