To Get Instant Cash Visit Payday Loans & Same Day Loans

For Financial Advice Visit FinancialGuide Blog

Credit Card Help

I have a credit card that I have had since July 2007 and never used it. Will it hurt my credit if i close it?


Share Send to a friend Watch Report
 
 

Posted Answers

 

No, the only things that hurt your credit are:

Late or non-payment of bills that report to Transunion, Equifax, and I cant remember the other one, high debt to income ratio (DTI), foreclosure, bankruptcy, and even too many requests on your credit can bring it down.

I'm surprised they haven't closed your account already due to inactivity.

Sign in to participate

Got an answer for Thomson Joseph? Would you like to comment on the posted answers, or vote for the one which you think is the best?

Sign up for a free account, or sign in (if you're already a member).

Explore Related Questions

Other people asked questions on similar topics, check out the answers they received:


Q:

Credit Cards Points

What do you use your credit cards points for? Do you find yourself buying more or paying with your credit card so you have more ...
Submitted by Sukey   2 years ago.
  • viewed 8380 times
Last answer posted 2 months ago by akinte


Q:

I reciently settled @ $25000 worth of credit card ...

I reciently settled @ $25000 worth of credit card debt ( mostly interest and over the limit/late fees)for @ $17000. The difference ...
Submitted by American1   2 years ago.
  • viewed 972 times
Last answer posted 1 month ago by ipweeb


Q:

Credit card and online shopping

Do I absolutely have to have a credit card to buy things online? Isn't there another way for me to buy stuff?
Submitted by RomanEmpire   2 years ago.
  • viewed 15936 times
Last answer posted 2 months ago by Mardy



» More...

Be The First To Answser

Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them

» More...
Feed - Subscribe to changes to this Q&A Blog
ADVERTISEMENT
ADVERTISEMENT
AOL Autos Q&A is powered by Yedda an AOL Company
Copyright © 2006-2010, Yedda Inc. and respective copyright owners