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If a person has high available credit on cards they will not use again should they close those accounts? |
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It would probably be in your best interest to close the account(s). You will be protecting yourself from identiy theft/credit card fraud. And depending on your credit terms, annual or semi-annual fees, that can be assessed whether the account is used or not.
First answer by Nikki Macmillan. Last edit by Nikki Macmillan. Question popularity: 58 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Money Management > Credit > Credit and Debit Cards > If a person has high available credit on cards they will not use again should they close those accounts?
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Which is better keep open accounts with zero balance but high limit or to close it out?
