We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
To close accounts not being used or keep them open?
OASIS11
Posts: 27
Forumite
Hi All, Thanks for reading in advance...
I have recently taken out a loan and paid off a few credit cards. I had some already open (with 0 balance) and others i have just paid.
I now have 4 accounts all with 0 balance. Im not sure whether i should close them and just leave accounts with balances on or keep them open with £0 and possibly use them one every few months to keep them active.
I want to do whatever will help my credit score increase.
Advice or experiences would be great
thank you
I have recently taken out a loan and paid off a few credit cards. I had some already open (with 0 balance) and others i have just paid.
I now have 4 accounts all with 0 balance. Im not sure whether i should close them and just leave accounts with balances on or keep them open with £0 and possibly use them one every few months to keep them active.
I want to do whatever will help my credit score increase.
Advice or experiences would be great
thank you
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards