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1Trooper

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Closing an account
I am thinking about closing my Marathon credit card. What will this do to my credit score? The credit limit on this card is $5,000.

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In all honestly, if it doesn't have an annual fee, don't close the account, closing the account with affect your credit utilization and depanding on the history of that card, it might also affect your credit card history, which in all, lower your credit score.

Hope I was helpful.

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It will reduce your credit limits by $5000 which in turn affects your credit utilization. It will also affect your length of credit. If you have held the card longer than your average length of credit then it will reduce that number some.

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