Mike Lee
12/26/2017 02:28:50 pm
Keeping low or zero-balance accounts open so their credit history will remain intact is always a good idea when repairing your credit. Closing a long-standing accounts can hurt your credit score. To help prevent yourself from using the accounts, cut up and throw away most of your credit cards.
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Taking out 0 percent deals at the department stores right now, may not be a good idea. You will need to pay off those loans before the interest kicks in or you may have to pay a higher interest rate if not paid in full. Watch and stay within your budget this holiday season.
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