Will closing credit card affect my credit score?

For just about anything you want to get off your chest about credit cards.
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
Centurion Member
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.

Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 3 guests