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Question By
kickingcards

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Clsing accounts
I plan to pay off a couple of cards at a time. Will closing the accounts hurt my credit score?

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Closing credit card(s) dose NOT improve your scores. Will it or how much will hurt your scores? would depends on variety of factors in your own credit profiles, like how many other cards you have, would it lower your overall credit limit dramatically or heighten your overall credit utilizations. More importantly, what's the reason(s) you want to close them, dose them cost you money, the issuers are difficult to deal with, you have hard time managing amount of cards you have or simply, less temptations... The credit scores aren't only thing that matters.

Top Contributor
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More likely it Will Hurt your Credit Score if you Close the Accounts. 

Do your Homework before closing any account on how it would affect your Credit Score. 

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