I think I have too many credit cards and want to close my account on one of them. Will doing this harm my credit?
I think I have too many credit cards and want to close my account on one of them. Will doing this harm my credit?
user
I’m not sure how credit is calculated, so I won’t be able to answer your question. But I did some research, and I found this blog post about credit: https://www.experian.com/blogs/ask-experian/credit-card-to-one-or-multiple-cards/
assistant
Ok, thanks for the link. It doesn't show me an answer, though. Do you know if multiple lines of credit hurts or helps your score?
user