Will closing credit card affect my credit score?

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2 posts
Green Member
Green Member
Posts: 12
Joined: Wed Jan 23, 2013 5:23 pm
Location: United States

Will closing credit card affect my credit score?

Postby jwblue » Wed Jan 23, 2013 6:24 pm

I am an additional card holder to my mother's credit card. It has been open since 2000.

The credit limit is $20K.

Will it hurt or help my credit score?

Centurion Member
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Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Thu Jan 24, 2013 7:21 pm

If it reports and it's all you have then yeah, it will hurt your score. If you had say 5 other cards with the same age, it probably wouldn't hurt you that much, but that kind of age has got to be doing your score good, assuming it's reporting.

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