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Question By
nayelimrn

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Should I close a credit card account.
I do not use the card and it has a zero balance. How would it affect my credit score?

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Your score will drop because whatever credit limit is on that card will be removed from the total available credit and that reduces your score.  Also, if you have had this card for some time, that will reduce the age of credit number.  The longer you have good credit, the better. You can easily put this card to excellent use by assigning a regularly recurring bill to that card for payment (cell phone, TV, insurance, etc) then paying the bill monthly.  You likely are already writing a check for that amount, so it won't be an additional expense.  Or, you can just keep the card safely locked up and it may get closed for non-use after a while.  Your choice.

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