Quick tips on how to raise your credit score. Good info if you’re going to be applying for a home loan, anytime soon.
… If you want to raise your credit score, then you’ll want to keep your credit cards open as long as possible. Unless you absolutely have to close an account, you’re better off keeping it open.
If you feel as though you have too many lines of credit open … [k]eep the oldest accounts open and then close some of the others in writing. You’ll want to make sure that any balances on the card are paid off before you close the account …
In general, it doesn’t hurt you to have a couple of gas cards and a department store card. What really hurts is when you don’t pay your bills on time.
Source: Best way to boost credit score – By Ilyce Glink, Inman News Wiki
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