investcorpus.in > Latest News > Business News > Personal Finance > 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
What should you consider before cancelling or keeping unused credit cards on your financial health and credit score?
Cancelling an old credit card might seem to alleviate unnecessary financial strain, yet it can affect your credit score by shortening your credit history
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:
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