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What Happens When You Close A Credit Card With Zero Balance? [Solved]

Your credit utilization ratio goes up By closing a credit card account with zero balance, you’re removing all of that card’s available balance from the ratio, in turn, increasing your utilization percentage. The higher your balance-to-limit ratio, the more it can hurt your credit.

Should I Close a Paid Credit Card Or Leave It Open?

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Closing A Credit Card With A Balance | What Could Happen?

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How Does Canceling a Card Affect Your Credit Score?

AskSebby P.O. Box: Sebastian Fung 1450 Sutter St. PMB 218 San Francisco, CA 94109 Frequently asked questions about …