P Ph33zy Senior member Mar 5, 2000 944 0 76 Sep 27, 2006 #1 I know you shouldn't close credit cards, as it will always lower your credit score. Does this apply to checking accounts as well?
I know you shouldn't close credit cards, as it will always lower your credit score. Does this apply to checking accounts as well?
mugs Lifer Apr 29, 2003 48,920 46 91 Sep 27, 2006 #2 A checking account has nothing to do with your credit score.
FoBoT No Lifer Apr 30, 2001 63,084 15 81 fobot.com Sep 27, 2006 #4 checking accounts have actual money in them, whereas "credit" implies no money (debt)