mossey2000
01-09-2008, 05:02 PM
If you close a card and it still has a balance what will that do to other APRs? Will it up them? The remaining balance will be paid in full as soon as the check arrives.
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View Full Version : Closing credit card mossey2000 01-09-2008, 05:02 PM If you close a card and it still has a balance what will that do to other APRs? Will it up them? The remaining balance will be paid in full as soon as the check arrives. Shaky 01-09-2008, 05:04 PM If it's an option I would wait to close it till it's paid in full. It wont only look bad and might get a higher int rate on the rest of your cards but it will also lower your FICO score cause you will have a negative ratio. rosebud* 01-09-2008, 05:04 PM Usually if you close it it stays the same, unless there is some clause that states if you close your account the APR goes up to blah blah. |