Detailed text transcripts for TV channel - CNN - 20100424:13:55:00
Close a card, closing a card from a retail store is probably safer than closing one say, from a bank that's issued it to you. >> good to know. i've done that. also what about starting a new line of credit? will that help you out? >> it were help and it can hurt. if you take on a lot of new debt in a short period of time that's going to hurt your score for a couple reasons. a a bunch of inquiries on your credit record, and inkwur is can lower scores. additionally, all of the new accounts on your credit reports, remember in your chart earlier, 15% of the score is driven off of the age of your cr...
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