I opened my first credit card, secured, about a year ago. There's 200 dollar limit. Three months later, I got a Shell gas card (225 limit), then in December, CC from WaMu for 1500. My last CC was opened just recently, with 500 limit. Now I think maybe I'm ready to close my secured card? I know it might affect my credit score (currently FICO 684, others around 680). It will shorten my credit history by 3 months and my credit availability by 200. Anyways, I don't use that Orchard Bank card anymore, cause they raised my APR from 16.99 to 27.99 and couldn't tell me the reason! Is it time to close it? I'd rather have 200 bucks, I guess.
2007-04-20
07:45:05
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5 answers
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asked by
Alanna V
2
in
Business & Finance
➔ Credit