Re:HSBC is killing my business, piece by piece
by scarmig on Monday September 04, 2017 @02:13PM
(#15169870)
It certainly can hurt your score. One small but real component is the average age of account.
Also, ratio of credit used to credit available is also a negative signal, which would increase when you close an account.
Those are somewhere between minor and middling factors. It's stupid we have to play the stupid credit score game, but a small decrease in interest rates can save you thousands when it comes to your mortgage.
Also, ratio of credit used to credit available is also a negative signal, which would increase when you close an account.
Those are somewhere between minor and middling factors. It's stupid we have to play the stupid credit score game, but a small decrease in interest rates can save you thousands when it comes to your mortgage.