Closing unused credit cards could lower your score: 7 things to consider before cancelling them

Closing unused credit cards could lower your score: 7 things to consider before cancelling them

Managing multiple credit cards can be tricky, especially when you have cards you rarely use. While cancelling them might seem like a smart move, it can have unexpected effects on your credit score and financial health. Before making a decision, here are seven key factors to consider:   1. Credit score impact  Closing an old … Read more