I currently have eight credit cards but only use four of them. Right now only three have balances. I watch my credit score and in the past three months it has dropped from 735, 724, 718. The only thing I did different was about four months ago I got three new cards and this month I have a much higher balance than I normally do. Now I will pay down the balance and dont plan to get any more credit cards. Here's the question: Which will raise my credit score...to leave all eight accounts open and only use four of the cards or to close four accounts and leave four open?
2006-06-14
07:00:19
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3 answers
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asked by
GAgirl
4
in
Credit