Tag: credit score impact

Should You Close a Credit Card with Zero Balance or Keep It Open?

Feb, 2 2026 0 Comments

Closing a credit card with zero balance can hurt your credit score by raising your utilization rate and shortening your credit history. Learn when to keep it open and smart alternatives to avoid damage.

Does Cancelling a Card Hurt Your Credit Score?

Jan, 8 2026 0 Comments

Canceling a credit card can hurt your credit score by raising your utilization rate or shortening your credit history. Learn when it's safe to close a card and how to avoid damaging your score.