A lot of people open their first credit card in their early 20s and then… never really think about it again. Years pass, new cards come and go, but that original account just keeps aging nicely in the ...
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How long should you keep a credit card open?
There’s no limit to how long you can keep your credit card open. Closing a credit card can decrease the average age of your credit history and increase your credit utilization ratio — both of which ...
Keeping credit cards open as long as possible can boost your credit score in two different ways. Longtime cardholders may get better terms from their credit card issuer. Sometimes it makes sense to ...
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