Does cancelling credit cards affect your credit and lower your score?
Yes it can. Canceling a card shrinks your credit line and if you don't pay down debt first it will shrink your utilization ratio.
Answered
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Is a 550 credit score good or bad?
550 is on the lower end of FICO scores, 700 - 800 is consider...
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FICO score of 700 and higher means Excellent or Very Good cre...
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How long does it take to build a credit score?
If you make all your payments on time for just one year, your...
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What is the best credit score?
The highest credit score that you can get is 850. The range i...
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When you miss a payment how far does your credit score drop?
Because payment history makes up 35% of your credit score, la...
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What are the factors in the fico credit scoring system?
The five factors in the FICO credit scoring system are: payme...
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Is it bad for your credit score to make payments more than once a month?
No. This will not effect your credit. Thanks for asking ChaCha!
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Is a 550 credit score good or bad?
550 is on the lower end of FICO scores, 700 - 800 is consider...
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FICO score of 700 and higher means Excellent or Very Good cre...
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Where can I check for free my credit score?
Go to AnnualCreditReport.com, which is the only authorized so...
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FICO score of 700 and higher means Excellent or Very Good cre...
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At why point do most lenders consider a credit score to be poor?
Borrowers with FICO scores of 660 or better can still avoid p...
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What is the point of a credit score?
Credit scores are used to get an accurate prediction of how l...
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What is the perfect credit score?
Credit scores -- a perfect 850
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How long does it take to build a credit score?
If you make all your payments on time for just one year, your...
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FICO score of 700 and higher means Excellent or Very Good cre...
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How good of a credit score is 644?
FICO scores range from 300-850; the national average credit s...
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What is a perfect credit score?
A perfect credit score is 850
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What is the highest possible credit score?
The FICO credit score range is between 850 and 300. Very few ...
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What is the highest credit score?
A perfect credit score is 850, though most people who achieve...
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FICO score of 700 and higher means Excellent or Very Good cre...
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What is a perfect credit score?
A perfect credit score is 850
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Does your credit score go down when you check it?
If a company does a "hard pull" of your credit score rather t...
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What is the highest credit score someone can have?
The highest credit score that someone can have is 850. Thanks...
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What is the highest possible credit score?
The FICO credit score range is between 850 and 300. Very few ...
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What is the perfect credit score?
Credit scores -- a perfect 850
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What credit score do you have to have to get a loan for a house?
Buyers in the 650-700 credit scores will find their applicati...
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What is a perfect credit score?
A perfect credit score is 850
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What is the highest possible credit score?
The FICO credit score range is between 850 and 300. Very few ...
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What is the point of a credit score?
Credit scores are used to get an accurate prediction of how l...
About Credit Score
The credit score is an expression which determines a person's creditworthiness and is based upon information gathered from credit bureaus.
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