Part 2 – Risks to Closing Accounts to Improve Your FICO score

Posted on July 23, 2008 - Filed Under Credit History, improve credit score | Leave a Comment

The second reason closing accounts could hurt your good FICO score or might not help you improve your FICO score is your credit history. Your Credit History makes up 15% of your FICO score. If you think you are going to improve your credit mix by closing mix you could hurt this.
Your credit history [...]