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Old Dec 5, 2003 | 3:25 pm
  #8  
cecelia
 
Join Date: Jul 2001
Location: Flyover Country, USA, NW Silver, Hilton Gold
Posts: 518
Hi Don: When I closed a bunch of accounts, my score went down because I closed some of the oldest one's I hadn't used in years.

When I started reading fatwallet.com (finance section) I learned from the experts--don't close accounts. It's too late for me but there's no good reason to close accounts unless you're asked to when applying for a home loan or similar.

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