Check always our guide out to rebuilding your credit score after economic difficulty

Check always our guide out to rebuilding your credit score after economic difficulty

Think before you cancel old cards

You may think that a sensible way to boost your credit score would be to cut your charge cards and toss them away. In a safe, inaccessible place) for a while might well be a good idea if you are tempted to overspend, cutting up your cards (or storing them. But that doesn’t suggest you want to actually cancel the account. Reduce balance each and when it gets to zero, you can decide whether to leave the account open or close it month. In the event that you leave the account available, the additional available credit may assist in improving your credit history. Continua a leggere