Credit Scores, Credit Cards: How Consumer Finan... -

: Keeping old card accounts open increases the average age of your history.

: You need credit history to get a good score, but need a good score to get credit. The Role of Credit Cards Credit Scores, Credit Cards: How Consumer Finan...

📍 : Success in consumer finance requires viewing credit cards as a scoring tool rather than a source of extra income. : Keeping old card accounts open increases the

: These two factors influence your ability to rent apartments, buy cars, and secure mortgages. and secure mortgages.