Part 1 – Risks to Closing Accounts to Improve Your FICO score

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

If you are looking to improve your FICO score a common mistake is to close accounts. People look at the fact you are judged on your credit mix and Fair Isaac likes to see a well round use of credit. Actually, your credit mix makes up 10% of your score. They think that closing the [...]