Quote:
Originally Posted by KingOfJericho
Closing things like Best Buy cards shouldn't harm your credit in any significant way since they usually have such low limits. If you close a Chase Sapphire you've had for 10 years with a $20k limit, yeah, that'll fuck up your score. You'll lose the history of on-time payments and the ratio will get screwy.
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I agree but just leave it alone it will close on its own. No reason to close it if it has a positive account history. no matter how small the credit it will tick down your score by a couple points.
I have seen it first hand from close family. One of my family member has enormous credit lines. He closed a BS card not used for a long time that had a 2k limit and his credit bounced 7 points.... You never know.