The Most Common Credit Mistakes



When you’re done with a credit card, you close the account, right? Wrong. Here are some tips on how to avoid credit mistakes.

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1 Response

  1. Robert Coia says:

    I have a quick question. I did pay off a credit card because I had asked the company if they could lower the interest rate on the card. They said no, so I paid off the balance and never used it again. I just received a letter saying they closed the account after five years of inactivity. It was one of my older cards. Will it have a negative affect on my credit even though the credit card company themselves closed it instead of me?

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