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Close down a credit card?

Hi

I am looking to improve my credit card score which used to be quite high. I think its dropped since most of my credit is on one credit card.

I currently have one with about 75% used on one and 0% on the other one (It is about £15,000)

If I close down the 0% used one - would it improve my credit card score do you think?

Comments

  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    What's a 'credit card score' ???
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    How much you owe will have a bigger impact. Though closing unused accounts will do no harm.
  • skooldaze
    skooldaze Posts: 107 Forumite
    I mean a credit score
  • Gaz83
    Gaz83 Posts: 4,047 Forumite
    1,000 Posts Combo Breaker
    skooldaze wrote: »
    I mean a credit score
    Your credit score doesn't matter.
    "Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."
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