What happens to credit score if you close a store credit card?
Filed Under (Credit) by admin on 21-12-2008
Tagged Under : Banana Republic, Cancel, Credit Rating, Credit Score, Credit Scores, Lowers, Macy, Store Cards, Store Credit Card, Store Credit Cards
bluetsuki32 asked:
I have a few store credit cards (Macy’s, Banana Republic, etc) in addition to a major credit card. I want to cancel some of the store credit card, but I don’t know how that effects my credit rating. I think closing credit cards in general lowers credit scores, but what about those store cards?
I have a few store credit cards (Macy’s, Banana Republic, etc) in addition to a major credit card. I want to cancel some of the store credit card, but I don’t know how that effects my credit rating. I think closing credit cards in general lowers credit scores, but what about those store cards?
