LukeShortCloud / lifepages

The missing manual to life.
GNU Free Documentation License v1.3
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Cancelling credit cards #15

Open LukeShortCloud opened 4 years ago

LukeShortCloud commented 4 years ago

If a card is paid off and remains dormant it will eventually be cancelled. A person can also request to cancel it. As long as it is paid off, the cancellation of a credit card will.not majorly impact a credit score. The only exception is if it is an old credit card then it should be kept open.

https://www.quickenloans.com/blog/credit-card-inactivity-impact-credit-score