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Question By
amandalynnbroniec

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if i close my most recent card will that improve my credit

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Clarification to above

Let me clarify my question - This card was opened 6 months ago and has the lowest credit limit out of all of my credit cards. I have cards that have been open for 12 - 15 years already with 10K - 15K credit limits. I am utilizing only about 10% of my credit card limit so that is not hurting my score. I was wondering if closing this Discover card that I never use and which has such a low limit anyways would make my credit history better therefore make my overall credit better. I understand the articles that state closing long standing cards or cards that still have balances on them are NOT helpful to your credit. 

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The articles here clearly explain what is needed to improve your credit, and closing a credit card is NOT one.

Reply by
bang13

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Let me clarify my question - This card was opened 6 months ago and has the lowest credit limit out of all of my credit cards. I have cards that have been open for 12 - 15 years already with 10K - 15K credit limits. I am utilizing only about 10% of my credit card limit so that is not hurting my score. I was wondering if closing this Discover card that I never use and which has such a low limit anyways would make my credit history better therefore make my overall credit better. I understand the articles that state closing long standing cards or cards that still have balances on them are NOT helpful to your credit. 

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NO

see above!!!

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